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Boa DO PnE 70 <br />Commissioner Ginn thought the building was very attractive, but she could not go <br />along with more housing and density bonuses. <br />Mr. Barkett addressed concerns on enforcement and advised there will be a covenant <br />for enforcement. He also explained the process of how Indian River County was targeted <br />in 1995 for affordable housing and how tax credits are administered. Indian River County <br />is no longer a targeted community, so once the group of applications which started then are <br />built out, there will be no more. <br />Glenn Legwen, 5900 5' Street SW, was concerned about multi -units for elderly being <br />so far from the county's hospital facilities which are across the railroad tracks. He asked if <br />a change of density was being requested, and Director Boling stated they were asking for a <br />density bonus for affordable housing adding that it would be going from 8 units/acre to 9.56 <br />units/acre. Mr. Legwen thought the Board should deny the request because they are asking <br />for a zoning increase. He thought the Board should put their foot down and stay with the <br />zoning plan. He asked why the staff was making the presentation and not the developer. He <br />asked if the "water pit" on US# 1 in front of the Kmart Plaza was beautiful or an eyesore. He <br />believed these fenced -in water pits should not be right up against the road. He asked if it <br />made good sense to have a 3 -story building for elderly people. He was not in favor of the <br />20% development bonuses. He asked if any of the units were available for month-to-month <br />rental. <br />Property Appraiser David Nolte had arrived late and asked if the Board had <br />discussed the impact of the development on ad valorem taxes and reminded them that there <br />have been applications to the Value Adjustment Board because developers of these projects <br />believe they are entitled to a very low evaluation. He wanted to point out this potential future <br />problem and read from the following: <br />June 9, 1998 <br />C'1►? <br />0 0 <br />