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Does 99 fAq 7 <br />purchase the property from the State would not assure us of today's <br />price. <br />Jim Granse, member of the LAAC committee, pointed out that <br />this property is located one quarter of a mile south between the <br />Disney Resort and the Grand Harbor Beach Club and for some reason <br />the beach mouse and the turtle always turn up on the property the <br />County wants to buy. These critters weren't at the Disney Resort <br />nor the Grand Harbor Beach Club, and they are not at the Windsor <br />Club. But, by gosh, those little critters are on this property. <br />Mr. Granse then compared the price per acre of nearby <br />developments to the $100,000 per acre for this property, noting <br />that just two years ago 28 acres of this 104 acres sold for <br />$43,000. He felt that should have established the value of the <br />land, but it didn't. This is an increase of $57, 000 an acre in <br />less than 2 years. "WOW, isn't that something?", Mr. Granse <br />remarked. <br />Mr. Granse emphasized that the County would be paying $5 <br />million price for the land and losing a potential tax base of $100 <br />million. After all that, the State would maintain the title on <br />this property, and Mr. Granse stated that was difficult for him to <br />understand. He questioned whether this deal is illegal, because <br />the bond issue sure wasn't sold to the taxpayers that way. It was <br />never told to the taxpayers of Indian River County that we would be <br />buying any environmentally sensitive lands without holding the <br />title to the property. <br />William Roolage of Vista Gardens strongly supported Jim <br />Granse's stand and urged the Board to give people more concern and <br />forget the scrub jay, turtles, and beach mice. <br />Commissioner Bird stated that he planned to vote against the <br />Motion because he felt that the intention of the voters in the bond <br />referendum was that we would be taking title to any property that <br />was purchased. He didn't know how it got off the track, but he <br />would feel more comfortable if the County held the deed to the <br />—property. Commissioner Bird believed the County Commission needs <br />the flexibility to dispose of a particular piece of property if the <br />situation so deems, but this type of lease arrangement would not <br />allow that. <br />Commissioner Eggert commented that when we went out for the <br />referendum, we explained the different ways we were going to take. <br />We talked about the CARL program and the Land Trust process. _If <br />52 <br />September 10, 1996 <br />