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WIN 97 ixESUS deferment of six years, but -how the benefit would be passed on to the tenant (target industry) was another question. Commissioner Macht commented that it would be of immense benefit to an industrial.park and he didn't know if it would work as it has been presented. He thought this might require some fine tuning. Director Keating explained that usually the developer of an industrial park puts in the horizontal improvements and does the platting and, at that time, there would be no impact fees payable. Impact fees would become due if the developer also put up a building on speculation. Chairman Adams indicated her intention to vote in favor of this item as presented. Commissioner Bird thought some kind of criteria should be included for a build -to -suit situation, that it should be tied to a lease to a target industry. Chairman Adams advised that County Attorney Vitunac indicated that could be done. ON MOTION by Commissioner Eggert, SECONDED by Commissioner Bird, the Board unanimously approved a traffic impact fee financing program as outlined in the memorandum, amended to require that the financing of traffic impact fees be tied to the lease of the desired industry, and that the County Administrator, or his designee, be granted TIF financing agreement approval authority, as recommended by staff. CANCELLATION OF LEASE AGREEMENT LOTS 240 25• AND 26, BLOCK 98 FELL SMERE VOLUNTEER AMBULANCE SERVICE The Board reviewed a Memorandum of April 16, 1996: TO: Honorable Board of County Commissioners THROUGH: Jim Chandler, County Administrator FROM: Doug Wright, Director Emergency Services DATE: April 16, 1996 SUBJECT: Cancellation of Lease Agreement Between Indian River County and the Fellsmere Volunteer Ambulance Service, Inc., for Lots 24, 25, and 26, Block 98 44 April 23, 1996