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ORDINANCE 96-06 <br />Chairman Fran B. Adams AV2 <br />Vice Chairman Carolyn K. Eggert Arca <br />Commissioner John W. Tippin Aye <br />Commissioner Richard N. Bird <br />Commissioner Kenneth R. Macht - Nay <br />BOARD OF COUNTY COMMISSIONERS <br />OF INDIAN RIVER COUNTY <br />BY _~ n A-- Se OL26�m_6 <br />Fran B. Adams, Chairman <br />ATTEST BY: <br />8 e K. rton, Clerk <br />D.e. <br />Acknowledgement by the Department of Ste of the St a of <br />Florida this day of , 1996. <br />Effective Date: Filed with the Department of State on the <br />day of , 1996. <br />APPROVED AS TO LEGAL FORM <br />167W &140 5.4� <br />William G. Collins II <br />Deputy County Attorney <br />APPROVED AS TO PLANNING MATTERS <br />�o�bertr'T.^ Keating,ICP <br />Community Developm nt Di ctor <br />Coding: Words in . . . type are deletions from existing law. <br />Words underlined are additions. <br />REPORT ON STATUS OF MEETING WITH SCHOOL BOARD <br />REGARDING OLD COURTHOUSE COMPLEX AND UTILITY BILL <br />PAYMENT PLAN <br />Administrator Chandler reported on a meeting with the School <br />Board where various alternatives were being considered; one of <br />which was the School Board utilizing the old courthouse, the <br />courthouse annex and the old State Attorney's building. The School <br />Board advised that their cost analysis indicated the cost to the <br />School District would be a little over $5,000,000. If the School <br />Board were to utilize those properties, they would expect the <br />County to turn the properties over to them at no expense. The <br />School Board would move out of their existing quarters within 2 <br />years in exchange for no long-term debt. The County's appraisal on <br />those properties was $775,000. The School Board expected the <br />County to eliminate their annual payment for their present <br />facilities of $45,000 and to release to the School Board the <br />$446,500 received from annual racetrack revenue. The financial <br />impact on the County would be $491,000 annually. The School Board <br />also indicated that the historical grant would be of no value to <br />them. As a second alternative, the School Board proposed that they <br />vacate the building to the west of the Administration Building <br />within 2 years and exercise another option of moving into a totally <br />900K oaf 1 <br />FEBRUARY 27, 1996 27 Face � <br />