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BOOK i0i PAGE & i �bl <br />• State Beach Erosion Control Program (Grant) Funds <br />• Local Tourist Development Taxes <br />• Local Government Infrastructure Sur -tax (one cent option sales <br />tax) <br />• Local Special Assessments <br />Two methods of funding are presented in the Phase II report, based <br />on the above revenue sources, 1) State Grants, Tourist Development <br />Taxes, and Local Option Sales Tax; 2) State Grants, Tourist <br />Development Taxes, Local Option Sales Tax and Special Assessments. <br />Each method and the amount of funding to be utilized is outlined in <br />the attached report. <br />The Phase II report was presented to the Beach and Shore <br />Preservation Advisory Committee on June 21, 1999 during the <br />regularly scheduled monthly meeting. on a motion by Mr. Vanatta, <br />and Second by Mr. Carr, the Committee voted unanimously (11-0) to <br />send Phase II of the Economic Analysis to the Board County <br />Commissioners, with a recommendation to use $1.25 million per year <br />from the one cent optional sales tax ($6.25 million over the next <br />five years), along with the tourist tax and grant money, for beach <br />renourishment, and eliminate special assessments to beachfront <br />homeowners. <br />Following the Beach Committee meeting, staff presented the next <br />five years of one cent optional sales tax expenditures to the Board <br />on July 6, 1999. It was shown during the meeting that $6.0 million <br />over the next five years from sales tax would adequately fund the <br />BPP rather than $6.25 million. The Board approved the $6.0 million <br />from sales tax. <br />RECOMME MATIONS AND YMMING <br />The Beach and Shores Preservation Advisory Committee recommends <br />using the one cent option sales tax, along with the tourist <br />development tax and state grant money, for beach renourishment (to <br />provide funding for the BPP), and eliminate special assessments to <br />beachfront homeowners. <br />Coastal Engineer Jeff Tabar noted that the first Phase of the Plan had been presented <br />to the Board on January 19, 1999, outlining the benefits and including recommendations for <br />funding from (1) grants, (2) tourist development tax, (3)1¢ option sales tax, and (4) special <br />assessments. At that time the Board asked for a winter beach use survey and a way to reduce <br />the assessments. Mr. Tabar then introduced Karyn Erickson of Applied Technology & <br />Management, Inc.; Dr. Tom Curtis, economist; and Attorney George Nickerson. <br />Karyn Erickson of Applied Technology & Management advised that the <br />recommendations from January have been adjusted since the winter survey was done. Also <br />JULY 209 1999 <br />-42- <br />