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s MR. JACK MALOY, REPRESENTATIVE OF THE. -CENTRAL AND SOUTHERN FLORIDA FLOOD CONTROL DISTRICT, MADE -A PRESENTATION IN REGARD TO INDIAN RIVER COUNTY MOVING TO THE NEW ST. JOHN'S RIVER MANAGEMENT DISTRICT. HE SPOKE OF THE UPPER ST. JOHN'S PROJECT WHICH WAS .STOPPED IN 1971 WHEN THE STATE WOULD NOT ACCEPT THE ENVIRONMENTAL IMPACT STATEMENT, BUT SAID HE FELT THE CORPS OF ENGINEERS WOULD COME OUT WITH A MODIFIED PLAN WHICH WILL BE ACCEPTABLE IN THE FUTURE. MR, MALOY NOTED THAT THE CENTRAL AND SOUTHERN FLORIDA FLOOD CONTROL DISTRICT HAS BEEN TAKING AD VALOREM TAXES OUT OF THIS. COUNTY SINCE 1949. HE POINTED OUT THAT ALL THE NEW ST, JOHN'S WATER MANAGEMENT DISTRICT HAS IS $500,000.00 APPROPRIATED FOR IT AS OF JULY OF THIS YEAR, AND HE FELT IT WOULD NATURALLY TAKE A NEW DISTRICT SOME TIME TO GET ORGANIZED. HE ALSO POINTED OUT THAT THE NEW DISTRICT COULD NOT LEVY AD VALOREM TAXES WITHOUT A REFERENDUM AND WOULD, THEREFORE,'HAVE TO DEPEND TOTALLY ON THE LEGISLATURE TO FUND ITS ACTIVITIES. -%1R MALOY INFORMED THE BOARD THAT BREVARD COUNTY HAD OPTED TO STAY IN THE CENTRAL AND SOUTHERN FLORIDA FLOOD CONTROL DISTRICT UNTIL THE ST. JOHNS PROJECT BECAME OPERATIONAL AND HAS ASKED FOR AN AMENDMENT.OF THE LEGISLATURE. COMMISSIONER SIEBERT ASKED WHETHER WE HAVE PUT MORE MONEY INTO THIS DISTRICT THEN WE HAVE.GOTTEN OUT OF IT. MR. NALOY ANSWERED THAT THERE IS NO PHYSICAL EVIDENCE THAT YOU HAVE GOTTEN A RETURN FOR YOUR MONEY. IT HAS MAINLY BEEN SPENT IN ACQUIRING LAND. COMMISSIONER BOGOSIAN SAID HE FELT THE ONLY ALTERNATIVE WAS TO STAY WITH THE CENTRAL AND SOUTHERN FLORIDA FLOOD CONTROL DISTRICT OR LOSE EVERYTHING WE HAVE INVESTED. HE ALSO ASKED IF WE SHOULD TRANSFER TO THE NEW DISTRICT, WHAT ABOUT THE LAND WE HAVE ACQUIRED WOULD IT GO WITH US OR WOULD WE HAVE TO PAY FOR IT ALL OVER AGAIN? MR, NALOY ANSWERED THAT THIS WOULD BE A COURT QUESTION, BUT IF THERE IS NOT GOING TO BE A PROJECT, THE LAND MAY HAVE TO GO BACK TO THE FORMER LANDOWNERS. 11 juN 19,1974 cook 20 PAcE201