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Commissioner Bird noted that we spread the Beach Bonds out <br />over 5 years, and he asked if we couldn't spread this the same <br />way. <br />Attorney Vitunac agreed that could be done, but it would have <br />to be financed. <br />Commissioner Scurlock felt if the Board indicates they are <br />going along with the proposal for purchase, there may be some <br />option to make several payments. He asked how many parcels of <br />land are in that immediate area and was informed that there are <br />2,152 units. <br />Commissioner Scurlock noted that if you assessed $25 per <br />parcel for a year that would generate $50,000 for that year. <br />Commissioner Bird felt that leaves a big sum for the rest of <br />the taxpayers. <br />Chairman Wheeler opened the public hearing and asked if <br />anyone wished to be heard. <br />Grover Fletcher came before the Board representing the McKee <br />Jungle Gardens Preservation Society and reported that as of <br />yesterday the IRS does recognize them as a legitimate tax exempt <br />organization. He further advised that they have received basic <br />expressions of support from the Cities of Vero Beach, Sebastian <br />and Fellsmere, as well as from numerous civic organizations. <br />Attorney Vitunac noted that it was indicated some months ago <br />that the Society might be able to raise the whole purchase price <br />through their volunteers, and he wished to know how much they have <br />raised and will contribute. <br />Mr. Fletcher confirmed that was their goal originally, but <br />they had not dreamed that Mr. Ewing would require the money all at <br />once; they had felt it could be financed. When they heard his <br />position, they backed off on their fund raising. He assured the <br />Board that they will contribute whatever they can raise. <br />The Board had questions as to the number of members in the <br />Society and the amount of money that has been raised. <br />JUN 13 199977 P <br />49 BOOK �°�,I;t 49 <br />