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_I <br />JUN 2 5 19 80 Box .43 eacE 883 <br />Realizing none of us hold crystal balls, and wishing we <br />had the wisdom of Solomon, we set out to work within the guidelines <br />established by the agencies, and respecting the desires of the <br />Town of Indian River Shores, who supported the application of <br />F.I.T., I requested our attorney to join me in meeting with the <br />representatives of F.I.T. to explore the possibilities of a workable <br />solution in the best interests of Indian River County, as well as <br />F.I.T. <br />A thorough examination of F.I.T.'s application indicated <br />the possibility of the best of two projects could become a reality <br />with Indian River County gaining a College of Oceanography for the <br />Graduate student and Visiting Scientist levels, and an educational <br />marine museum, open for public use and primarily for residents and <br />school children of Indian River County. <br />I <br />F.I.T. would be gaining a site to further enhance their commit- <br />ment to research associated with the marine environment, expanding <br />their commitment to provide quality educational opportunities and <br />becoming an active participant in this County's education and re- <br />search needs as they relate to marine science. <br />At this point, we agreed to propose to each of our govern- <br />ing bodies that the County and F.I.T. enter into an agreement setting <br />forth a division of the excess property. This agreement would be- <br />come a part of each of our official applications and would be the <br />basis for the G.S.A.'s final disposal of the excess property. <br />At this time I would like to introduce Mr. Tom Adams, <br />Development Consultant from F.I.T., and ask Mr. Adams to introduce <br />the other officials he has with him and to bring the Board any <br />further information he would like to present regarding F.I.T.'s <br />plans and commitments to this project. <br />Following Mr. Adams' remarks, I would ask Mr. Collins to <br />point out the pertinent facts within the agreement that is being <br />proposed for your consideration and adoption. <br />34 <br />