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Board of County Commissioners Meeting Minutes - Draft March 8, 2022 River County and not for conservation land. Vice Chairman Earman stated he did not want to miss the opportunity to purchase conservation land. He suggested the County would not have to spend the money right away, and the County would have twenty years to do so. He put forth some ideas on who would make up the working group. Chairman O'Bryan sought and received confirmation from County Administrator Brown, the County would need to certify a plan to spend the tax-exempt municipal bond proceeds within three (3) years. The Board could potentially split the fifty million dollars ($50,000,000) into two (2) issues. He offered an example of how that could be done. County Administrator Brown explained the projected millage for the entire fifty million dollars ($50,000,000) was .175 mills. Ona home with a $250,000 taxable value, the annual tax impact would be forty-three dollars ($43). Therefore, on a twenty-five million dollar ($25,000,000) issue, it would be half that amount. Commissioner Adams was of the opinion the focus should be on the goal of the bond, and what properties were going to help the County achieve that goal. She was supportive of a collaborative process between the stakeholders and the County, and felt the working group should not be comprised of official Commissioner appointees. She added, the County should not compete against other government or non -profits to preserve the same lands. Commissioner Moss stated the referendum came not a moment too soon and referenced the Land Use Vision Study, which ranked preserving environmentally sensitive land as the highest priority. Commissioner Moss referred to an email from the current working group of Ken Grudens, David Cox, Dan Lamson, and George Glenn, dated March 5, 2022, of proposed changes to Section 13 of the Resolution, noting the language in the resolution did not match the referendum. Commissioner Moss put forth her ideas on who would make up the working group. Commissioner Adams expanded on the downfalls of Commissioner appointed members for the working group. She added, the working group should have the knowledge and background to evaluate the property and would serve better when vetting and assessing properties. Chairman O'Bryan recalled his meeting with Mr. Glenn on the proposed language change in Section 13 of the resolution. In the language, staff supported improvements, preservation, and restoration of the land. The word "Initial" was inserted to make clear there would not be ongoing maintenance, and he requested to strike out the following: "remediation and reclamation"; "or enhance"; and "restore such property to its natural state". Chairman O'Bryan opened the discussion to the public. Indian River County Florida Page 6