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Board of County Commissioners Meeting Minutes - Final January 9, 2018 14. COMMISSIONERS MATTERS A. Commissioner Peter D. O'Bryan, Chairman B. Commissioner Bob Solari, Vice Chairman 14.13.1. 18-1353 Sale of Indian River Memorial Hospital Recommended Action: Discuss and opt to: 1. Ask the County Attorney to research the County's remainder interest in the event of a sale of the Indian River Memorial Hospital, or 2. ask Staff to come back and explain to us what the impact of a sale might mean to the County government and its taxpayers Attachments: Commissioner's Memorandum Vice Chairman Solari discussed the potential sale of Indian River Memorial Hospital and asked that the County Attorney and staff research the County's remainder interest in the event of a sale, and bring back their findings at the next meeting. County Attorney Dylan Reingold read the provisions of Chapter 155.40, Florida Statutes into the record and explained how the net proceeds would be distributed if the hospital sold. He stated that he would place the details in a memo and bring it to the Board for review at the next meeting. The Board sought and received information from County Administrator Jason Brown regarding the potential financial impacts that the sale of Indian River Memorial Hospital would have on the County and the health insurance plan. The Board asked Administrator Brown to provide a summary of the local hospital reimbursement rates and to obtain information on indigent care expenses funded by the Hospital District for review on the January 16, 2018 meeting. (Clerk's Note: Commissioner Adams entered the meeting at 9:25 a.m.) Bob Johnson, Coral Wind Subdivision, spoke about whether it was necessary to keep the Hospital Taxing District. C. Commissioner Susan Adams D. Commissioner Joseph E. Flescher E. Commissioner Tim Zorc Indian River County Florida Page 12