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ALTERNATIVES AND ANALYSIS <br />To fund the Indian River County Comprehensive Land Use Plan <br />Traffic Elements Policies and Capital Improvements Program <br />projects, the LOGT is a needed revenue source. This revenue <br />source is "user" based. <br />Alternatives include increased Traffic Impact Fees, increased <br />advalorem taxes, or special assessments. <br />RECOMMENDATIONS AND FUNDING <br />Staff recommends that a Public Hearing be conducted on the <br />proposed ordinance on August 20, 1991 and approval of the draft <br />Interlocal Agreement. In addition, staff recommends that the <br />Chairman be authorized to execute each Interlocal Agreement with <br />the five municipalities as received from the municipality. <br />Public Works Director Jim Davis noted that the City of Vero <br />Beach will be addressing the extension in their meeting tonight <br />and all the other municipalities have indicated their support for <br />it. <br />Attorney Vitunac announced that we just received the City of <br />Sebastian's resolution in support of the extension. <br />Commissioner Scurlock asked about the Town of Orchid's <br />participation, and Director Davis reported that the Town of <br />Orchid has indicated that they feel they should continue in the <br />program even though their participation would be a minor amount. <br />Last year we included them, but the State took them out when the <br />Department of Revenue found that some of their procedures and <br />organization were not up to State requirements. Apparently, that <br />was due to the fact that they are such a small municipality with <br />very few members. Basically, the State Department of Revenue <br />wrote a letter stating that the Town did not qualify for the <br />program. However, they have rectified those things now that they <br />have a City Manager and have more structure to the town. We are <br />UG 1991 21 Door Fnr,F � <br />