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NOV 71979 aooK 42 F a 76 <br />THE BOARD NEXT DISCUSSED A LETTER RECEIVED FROM THE <br />BIKE-A-THON COMMITTEE INFORMING THE BOARD THAT THE BIKE-A-THON <br />WILL BE HELD ON DECEMBER 1, 1979 IN THE VERO HIGHLANDS SUBDIVISION. <br />IT WAS DECIDED THAT PERMISSION WAS NOT NEEDED FOR BICYCLES TO <br />RIDE ON PUBLIC STREETS. <br />ATTORNEY COLLINS STATED THAT HE WOULD ACKNOWLEDGE RECEIPT <br />OF THEIR LETTER. <br />CHAIRMAN WODTKE NEXT DISCUSSED THE FOLLOWING MEMORANDUM <br />FROM COMMUNITY DEVELOPMENT DIRECTOR REGAN REGARDING THE SMALL <br />BUSINESS ADMINISTRATION: <br />M E M O R A N D U M <br />I <br />I TO: Jack G. Je i s <br />FROM: Edward J. e <br />DATE: November 7, 1979 <br />RE: Small Business Administration <br />Hurricane David Disaster Office <br />Probable Closing November 13, 1979 <br />The Small Business Administration office here in Indian River <br />County is scheduled to stop its acceptance of physical disaster <br />loan applications on November 13, 1979. They have already <br />closed their offices in Martin and St. Lucie County. <br />As of October 30, 1979 365 people had picked up applications of <br />which 67 had been returned as of that date. <br />The original combined county and state Federal Disaster Team <br />estimated uninsured business losses of $440,000. The 16 business <br />applications filed indicate losses in excess of a million dollars. <br />Only 51 applicants for uninsured home repairs had been filed. <br />This is far below the original SBA estimates of uninsured losses. <br />It is recommended that individuals who have taken applications <br />immediately file them. <br />It is further recommended that the County Commission consider <br />authorizing the Chairman to petition the Small Business <br />Administration for an extension of time for submission of applications <br />relative to the Hurricane David disaster and the continued operation <br />_ of the office here in Indian River Countv. <br />EJR:mw - <br />76 <br />