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Ted Robinson, 50 N. Caserea Court, Indian River Shores, accused the County, <br />Vero Beach City Council, and the Chamber of Commerce of handling Piper secretly and plotting <br />to shift $76.5 million from taxpayers to Piper that is not in the overall public's interest. He <br />believed there should be no referendum; that voters need to have an opportunity to decide if they <br />want to engage in the aircraft manufacturing business; and there should be a study of how the <br />$76.5 million tax increase would impact the County's economy, compared to the impact of Piper <br />leaving. He thought it would hurt the economy more if Piper stays. He thought there should be an <br />independent legal opinion of whether the County, the City and the Chamber of Commerce are <br />acting in the public's interest. <br />Administrator Baird clarified that the only thing the Board voted on was to put the <br />$40 million offer on the ballot. He also confirmed that the County had gotten outside legal <br />opinion from a Bond Counsel that this was authorized legal use of public funds. <br />Joseph Paladin believed the impact on the economy would be devastating if Piper <br />is allowed to leave; and the chances of attracting a business like Piper, should Piper leaves, would <br />be much more difficult. He thought we should come together as a community and let Piper know <br />we appreciate and want them to stay here. <br />Dennis Drake believed that because of the state of affairs in this country, <br />corporations are holding municipalities in blackmail. He challenged the Board to be creative, and <br />suggested that language be placed in the referendum saying County and City would sell land and <br />share the burden. <br />Chairman Wheeler clarified comments regarding the sale of property. He asked <br />Administrator Baird to explain why we were having a referendum. Administrator Baird said this <br />resulted because of tax reform requirements from the State. <br />July 10, 2007 32 <br />