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r <br />THE COMMITTEE INVESTIGATED HAVING THE MCKEE GARDENS PURCHASED <br />BY A PUBLIC OR PRIVATE AGENCY. DIFFERENT AGENCIES WERE CONTACTED, <br />BUT DUE TO LACK OF FUNDING AND AREAS THAT HELD HIGHER PRIORITY, <br />THEY WERE NOT SUCCESSFUL. THE COMMITTEE TRIED TO RAISE MONEY <br />PRIVATELY TO BUY THE GARDENS, BUT THAT FAILED LARGELY BECAUSE OF <br />TODAY'S POOR ECONOMIC CONDITIONS. <br />THE SELLING PRICE OF THE GARDENS IS $1,000.000.00. THE <br />APPRAISED VALUATION WAS $831;55Q.00. <br />THE FOLLOWING ALTERNATIVES WERE DISCUSSED: <br />1. THE COUNTY COMMISSIONERS APPLY FOR BUREAU OF OUTDOOR RECREATION <br />FUNDS, WHO WILL FUND 50% OF THE APPRAISED VALUE, AND THE COUNTY. <br />POST THE DIFFERENCE. THE COMMITTEE STATED THAT THEY REALIZED <br />THIS WAS IMPOSSIBLE AS THE COUNTY DOES NOT HAVE THE APPROXIMATELY <br />$600,000 NEEDED. <br />2. THE COMMITTEE COULD DISCONTINUE ITS EFFORTS AT THIS TIME, AND IF <br />THE ECONOMIC SITUATION RETURNS TO NORMAL, RESUME THE SEARCH FOR <br />FUNDS PROVIDED THAT MCKEE GARDENS IS STILL AVAILABLE. <br />3. THE COMMITTEE COULD REQUEST THE BOARD TO HOLD A BOND REFERENDUM <br />FOR .THE PURCHASE OF MCKEE JUNGLE GARDENS. <br />MR. PATCHETT STATED THAT BEFORE THE BOARD OF COUNTY COMMIS- <br />SIONERS; RULED OUT A BOND REFERENDUM, THE COMMITTEE WOULD LIKE TO <br />TAKE A STRAW VOTE ON A PROPOSED $1,050,000.00 BOND ISSUE. THE ADVER- <br />TISEMENT WILL RUN IN THE PRESS JOURNAL SUNDAY, FEBRUARY 22ND, AND <br />THURSDAY, FEBRUARY 27TH, 1975. IF THE STRAW VOTE INDICATES THAT A <br />MAJORITY OF THE VOTERS WISH A BOND REFERENDUM TO PRESERVE MCKEE <br />GARDENS, THEN THE COMMITTEE WILL APPEAR BEFORE THE BOARD AND REQUEST <br />A BOND REFERENDUM. <br />MR. PATCHETT STATED THAT THE COST OF MCKEE GARDENS IS ONE <br />MILLION DOLLARS, AND THE ADDITIONAL $50,000.00 IS FOR THE OPERATION <br />OF THE GARDENS ABOVE ANTICIPATED REVENUE COLLECTED. <br />THE CHAIRMAN CONGRATULATED THIS COMMITTEE FOR THEIR WORK <br />ON THIS PROJECT, AND THE BOARD AGREED TO THE STRAW VOTE, MR. PATCHETT <br />REQUESTED TO BE PUT ON THE AGENDA FOR THE MARCH 5TH, 1975 MEETING. <br />FEB191975 <br />-4- <br />tinoR -22, AGE <br />