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06/07/2016
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06/07/2016
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8/10/2016 11:25:31 AM
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Meetings
Meeting Type
BCC Regular Meeting
Document Type
Minutes
Meeting Date
06/07/2016
Meeting Body
Board of County Commissioners
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Assistant Director of Management and Budget Michael <br /> Smykowski reported that all budget requests submitted <br /> to the Tourist Development Council were recommended <br /> for funding. The following six organizations will receive <br /> funding: 1) Indian River County/Sebastian Chambers of <br /> Commerce; 2) Treasure Coast Sports Commission; 3) <br /> Cultural Council; 4) Vero Heritage; 5) Indian River <br /> County Historical Society; 5) Sebastian Chamber of <br /> Commerce Pelican Porch Visitor's Center; and 6) <br /> Florida Archery Foundation. <br /> ON MOTION by Vice Chairman Flescher, SECONDED <br /> by Commissioner Davis, the Board unanimously <br /> approved the funding amounts recommended by the <br /> Tourist Develoment Council for a total allocation of <br /> $786,153. <br /> F. Public Works <br /> None <br /> G. Utilities Services <br /> None <br /> 13. COUNTY ATTORNEY MATTERS <br /> 11:34 A. Fourth Amendment to Interlocal Agreement with Palm Beach <br /> a.m. County Health Facilities Authority for Financing and Refinancing <br /> for Improvements and Additions of Facilities <br /> (memorandum dated May 12, 2016) 114-130 <br /> ----------------------------------------------------------------------------------------- <br /> County Attorney Dylan Reingold provided background on the <br /> Interlocal Agreement between the Palm Beach County Health <br /> Facilities Authority and the County, which was approved in <br /> 1996, and amended in 1998, 2006, and 2010. He explained that <br /> the Agreement and the amendments authorize the Authority to <br /> use revenue bonds to fmance five health care facilities owned by <br /> ACTS Retirement-Life Communities, Inc. (ACTS), including <br /> two facilities, Indian River Estate East and Indian River Estates <br /> West, which are located in the County. Attorney Reingold <br /> advised that the Fourth Amendment would allow the issuance of <br /> revenue bonds for refunding previous bonds for financing at the <br /> five facilities. <br /> ON MOTION by Commissioner O'Bryan, SECONDED by <br /> Commissioner Flescher, the Board unanimously approved and <br /> authorized the Chairman to execute the Fourth Amendment to <br /> the Interlocal Agreement with Palm Beach County Health <br /> Facilities Authority, and any and all documents necessary to <br /> June 7,2016 <br /> Board of County Commision Minutes Page 11 <br />
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