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[,OJ! U FAG <br />Councilman Schoen pointed out that if the FCT funds were used, there will no doubt <br />be a management plan required which would include docks, walking paths, restrooms and <br />so forth. He believed the people wished the islands to remain as they are. He strongly <br />supported the motion on the floor. <br />Jim Granse, 36 Pine Arbor Lane, a concerned citizen, favored not purchasing the <br />property in concert with the FCT. He pointed out that the State holds title on the recent <br />purchases. He felt the point that the State might hold title should be discussed. He <br />questioned whether considering this issue today was constitutional since a "report" was on <br />the agenda and would not mean anything to the general population of Indian River County. <br />He opposed voting $12 million for the purchase of the islands. <br />George Foote, 119 Cache Cay Drive, referred to a copy he had of the 1992 brochure <br />urging passage of the bond referendum. He discussed the value of the islands and felt it <br />represented quality of life and potentially impacted residential property values in the county. <br />He urged negotiation and purchase of the islands. <br />Bob Walsh, 4405 Sunset Drive, felt there must be a figure somewhere between the <br />appraisal and the amount in the motion for which the islands could be purchased. <br />Toni Robinson, 1111 Indian Mound Trail, spoke about quality of life in Indian River <br />County believing that the river islands are key to that quality of life. She made many <br />suggestions including getting an appraiser acceptable to both sides. She was concerned <br />about environmental impact if the islands are developed. She urged the Board to act quickly <br />and thanked them for their efforts. <br />Francis Coffee, 88 Cache Cay, Vero Beach, advised that he had examined the tax <br />records and reported on the ownership of the islands. He confirmed Vice Chairman Macht's <br />claim that the islands are not under one ownership. He had spent time looking at the <br />appraised value of properties and reported on tax rates per acre and taxes collected for those <br />properties. He stated that if Lost Tree Village Corporation believes the land is worth $12.2 <br />million, it is presently assessed at only 8% of that value. It seemed to him that if an <br />agreement could not be reached to purchase the islands, that the assessment should be <br />increased to be more in keeping with the amount being asked by the owners. He also told <br />of the money raised by the sale of Indian River Lagoon license plates, showing the <br />environmental concern of people in the county. He urged the Commission to give the matter <br />serious thought. <br />May 12, 1998 <br />38 <br />0 is <br />