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M W <br />to I-95 at CR -512, SR -60, and Oslo Road without any special <br />bonding. She added that road improvement, especially along the <br />node roads, should be watched very carefully. The County is doing <br />everything it can to provide opportunities for industrial services <br />in several places. The Planned Residential Development (PRD) can <br />help with this. Chairman Eggert directed the Board's attention to <br />a handout listing several suggestions that were made and mentioned <br />that this information can be provided to individuals upon request. <br />Commissioner Bird asked, and Director Keating clarified, that <br />the I-95 and 74th Avenue node refers to the I-95 and Oslo Road <br />node. <br />Commissioner Macht mentioned that the County is considering <br />providing funds to the Council of 100 for preparing a program <br />whereby speakers could make presentations in an effort to recruit <br />new businesses into the area. <br />Chairman Eggert replied that the Economic Development Council <br />is discussing that possibility. <br />Commissioner Macht asked, and Administrator Chandler <br />responded, that the utilities to the industrial nodes are expected <br />to be completed in about a year. <br />Utility Services Director Terry Pinto commented that staff <br />recently submitted a proposal to issue a change order on the line <br />going out to Sebastian High School to get the expansion to CR -512 <br />under way within the next 45 days and completed in about six <br />months. <br />Commissioner Macht was very pleased and felt that now is the <br />time to start putting a package together to sell to prospects. <br />Chairman Eggert emphasized that first the Board has to decide <br />if they want to proceed with tax abatement, which would require a <br />referendum. <br />Director Keating directed the Board's attention to Attachment <br />2, which discusses tax abatement. Staff has been watching St. <br />Lucie County, which had a referendum on tax abatement in the last <br />election, to see how they manage their program. The memorandum <br />gives some of the characteristics of a tax abatement program in <br />Florida. Director Keating asked for the Board's input, which staff <br />would take to the Economic Development Council for their <br />recommendations, and then come back to the Board for final <br />approval. <br />Chairman Eggert understood the Board already had conceptually <br />approved this and is just looking for the specifics to be <br />finalized. <br />27 <br />DEC 2 2 m2 BOOK 88 Pgs ,o <br />