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BOOK i W PAGE �52 also wanted the Board to hold a referendum for the people who have to pay the tax. In response to questions of Commissioner Ginn, Mr. Tabar explained how oceanfront properties owned by the Federal and State governments will pay, as well as privately owned properties. Mr. Tabar specified that staff has been working with the State of Florida and they have earmarked in excess of $10 million (over the next 10 years) to contribute to our beach preservation plan. Additional information will be forthcoming with the funding presentations. Mr. Legwen requested clarification on the remarks of Mr. Tabar above, and Mr. Tabar clarified for him and Commissioner Adams added that all that information will be enumerated in the presentation of the financial information at a future meeting. input. Mr. Coffey suggested two workshops be held to inform the public and to get their Mr. Zorc urged that a referendum of the entire county electorate should be held, not just those oceanfront property owners. It was determined that no one else wished to be heard and the Chairman closed the public hearing. MOTION WAS MADE by Commissioner Adams, SECONDED BY Commissioner Stanbridge, to adopt the resolution. Under discussion, Commissioner Ginn believed that it was in the best interest of all the residents of Indian River County that the beaches be preserved. Because of the beach erosion, "the property owners are almost begging for help." She was in favor of moving ahead, and did not want to hold back, but she was concerned that Applied Technologies had not met their deadlines under the contract terms, therefore the Board was hurried and the public was not completely informed. She questioned Mr. Tabar about the timetable of the financials. W. Tabar responded that staff was presently reviewing the second draft on the financials and expected the information would go for public hearings in January. DECEMBER 22, 1998 36 0. 0