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Commissioner Scurlock noted that short term money is <br />much more favorably priced, and Administrator Wright <br />stressed the importance of obtaining an A rated bond, <br />pointing out that if we are able to convince the ratings men <br />to improve our rating, it will not be necessary to purchase <br />insurance. <br />ON MOTION by Commissioner Scurlock, SECONDED <br />by Commissioner Lyons, the Board unanimously <br />accepted the recommendation of the Finance <br />Advisory Committee in regard to going with a <br />five year financing period and also authorized <br />the expenditure of funds to bring the rating <br />agencies to Indian River County and organize <br />a tour of the County resources. <br />PARKS AND RECREATION COMMITTEE REPORT <br />A. North County Parks <br />Chairman Bird gave a brief summary, noting that they <br />are working with the Forestry discussing the possibility of <br />a securit� gate at Donald MacDonald Park, and they are <br />changing some drainage at Dale Wimbrow Park so the boat ramp <br />doesn't wash out. I/ <br />B. Round Island Park <br />Chairman Bird continued that the Parks & Recreation <br />Committee unanimously recommended a paved boat ramp at Round <br />Island Park; they would like to relocate the ramp to where <br />there is sufficient parking, and they feel a concrete ramp <br />and dock could be built for around $10,000. They are <br />requesting that the Commission authorize the Engineering <br />Department to do some preliminary design work on this. <br />Commissioner Lyons suggested that, at the same time-, <br />they could come up with a proposal on channel markers. <br />T <br />58 <br />MAR Z1983 an 52 ?Act 9112. <br />