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Re: Public Hearing for Ordinance Amending Indian River County <br />Code Chapter 210, Sections 210.01 and 210.03 <br />Date: November 22, 2024 <br />Page 2 <br />FUNDING. <br />The additional cent of tourist development tax is estimated to generate approximately $1 million <br />dollars of new revenue. <br />RECOMMENDATION. The County Attorney recommends that the Board conduct a public <br />hearing on the proposed ordinance, take comments from interested persons, and approve the <br />ordinance amending Indian River County Code Sections 210.01, and 210.03. <br />ATTACHMENT(S). <br />Proposed Ordinance Amending IRC Code Sections 210.01 and 210.03 <br />Business Impact Estimate (Statement) <br />C: IG—icu.V-,*W5MM-WW26#3-179-4 -9871-d88I91f&e 00.d— <br />=11 <br />