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<br /> <br />9.C.2. Notice of Scheduled Public Hearing – December 5, 2006 <br /> Public Hearing to Amend Chapter 207, Licensing and License Taxes of the <br />Indian River County Code (Legislative) <br /> <br />The Executive Aide to the Board read the notices into the record. <br /> <br /> <br />10.COUNTY ADMINISTRATORS MATTERS <br /> <br />10.A. LOS ANGELES DODGERS SPRING TRAINING <br /> <br />County Administrator Joseph A. Baird gave a brief history when the Los Angeles Dodgers came <br />to Indian River County and how they approached the County to purchase sixty-one (61) acres of property, <br />with an (eighty-nine) 89-unit hotel conference center, for ten million dollars ($10,000,000.00). To do <br />this, bonds were issued in 2001, which were over sixteen million dollars ($16,000,000.00). The purpose <br />of the agreement was to purchase the Dodgers so they would stay here. If we had not, they probably <br />would have left earlier and the property would have been developed. Based on that, the Board decided to <br />enter into a “negotiation” agreement. <br /> <br />The Dodgers indicated to him that if they left they would probably purchase the property and <br />develop it or resell it. Administrator Baird’s slide presentation (copy on file in the Clerk’s office) showed <br />that during negotiations with the Dodgers, the State would continue to provide $475,000.00 per year, for <br />thirty (30) years; the tourist tax had increased to one-cent and the one-half-cent sales tax would all go <br />towards the debt service. <br /> <br /> November 21, 2006 <br />14 <br /> <br />