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40 <br />These two major water and sewer projects are relevant to <br />�. this study and report because they demonstrate that Indian <br />i <br />I <br />River County has a proven track record of constructing <br />projects in a timely and cost-effective manner. The same <br />proven procedures used to construct the Route 60 projects are <br />proposed for constructing the North County Subregional Sewer <br />Project. <br />With regard to project financing, the Route 60 water and <br />sewer projects were financed largely as the result of a <br />financing partnership effort between Indian River County and <br />private project developers who needed water and sewer <br />facilities to make their projects viable. This arrangement <br />has resulted in benefits to both Indian River County and the <br />private developers. The County benefits by having the <br />arterial water and sewer systems constructed at no additional <br />cost to the existing customers of the utility systems, and <br />the private developer benefits by having public water and <br />sewer systems available forthe development project's use. <br />The same partnership arrangement, with respect to financing <br />between Indian River County and potential public sewer users <br />in the North County Subregional area of Indian River County <br />is being proposed for this sewer project. As a matter of <br />fact, the funding for both this and the previous North <br />County/Roseland feasibility studies and reports has been <br />-4- <br />