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<br />Bob Johnson <br />, Coral Wind Subdivision, asked about taxes on the property. County <br />Administrator Baird said it would be the same as any other environmentally sensitive property that <br />the County has purchased. <br /> <br />There were no additional speakers and the Chairman closed the public hearing. <br /> <br />Commissioner Davis commented that if the bond cannot be used, the bond council will tell <br />us and we will have an out. <br /> <br />Commissioner Bowden had some questions about the appraisals and the timeline. She <br />th <br />wondered if we would be able to close as required by the 30 of June. <br /> <br />Assistant County Administrator Michael Zito stated if we add any contingencies, the <br />agreement would be modified, and Mr. Adams could cancel the deal. <br /> <br />Matt Sexton <br />, V.P. with The Conservation Fund, advised if the Board approved the <br />contract, he could go back and negotiate contingencies and additional time. <br /> <br />Commissioner Bowden wondered where the money would come from for this project. <br /> <br />County Administrator Baird said staff had not decided exactly what kind of agreement they <br />were going to have. He said it was a complicated structure and he did not have the total figure. <br /> <br />Commissioner Bowden declared we were going into this blind, with an open pocketbook. <br /> <br />County Administrator Baird said we had to handle this purchase in this fashion to obtain <br />this piece of property. <br />The Chairman called for a recess at 2:19 p.m. and reconvened at 2:26 p.m. <br />April 18, 2006 <br />19 <br /> <br />