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8.F. LAND ACQUISITION FOR FUTURE LIBRARY EXPANSION AT NORTH <br />COUNTY LIBRARY LOCATED IN SEBASTIAN ALONG SEBASTIAN <br />BOULEVARD (C.R. 512) <br />Commissioner Wheeler was not sure that banking this property, at this time, was in <br />the best interest of the County; he thought the appraised prices were probably high for today's <br />market and too much money to pay; and desired not to take it off the tax roll currently. <br />Vice Chairman Flescher had similar concerns. <br />Commissioner O'Bryan asked what would happen if we do not spend the impact <br />fee money, and whether there was a statutory timeframe to expend those funds. <br />Attorney Collins said it was six years, and Administrator Baird said Library impact <br />fees were put in place about two years ago, so we have four more years. <br />George Gross, 1230 39th Avenue, and former member of the Library Advisory <br />Committee, urged the Board to approve the recommendation to purchase the land. <br />General Services Director Tom Frame clarified that this acquisition was mainly for <br />future expansion. <br />Chairman Davis agreed with comments regarding use of the facility and its <br />benefits to the community, and wanted to see them do something to secure this site. <br />Commissioner Wheeler commenting on the assumed worth of the property, the <br />$750,000, asked what it amounts to in annual taxes on commercial property. <br />Administrator Baird did not know the exact number on the roll, but said they <br />usually use $15.00 per thousand. Commissioner Wheeler reiterated his thoughts that this was <br />January 6, 2009 <br />