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BOOK <br />Based on the analysis conducted, staff recommends that the Board of County Commissioners agree <br />to participate in FIND's Economic Analysis of the Waterways of Indian River County by: <br />• Contributing $15,000 toward the cost of the analysis; and <br />• Directing county staff to assist the project consultant as needed. <br />ATTACHMENTS <br />1.) Correspondence from FIND, dated February 1, 2000 <br />2.) Cost Estimate for An Economic Analysis of the District Waterways in Indian River <br />County <br />3.) Final Report On the Economic Analysis of the District's Waterways in Palm Beach <br />County (On file with the BCC Office) <br />Chairman Adams inquired how much staff time will be required and wished to know <br />the difference between this FIND study and the Indian River Lagoon National Estuary <br />Program study previously done. <br />Community Development Director Robert M. Keating advised that he could not state <br />exactly how much staff time would be required, but he expected it would not be significant. <br />Concerning the studies' comparison, he stated that this new study appears to be more focused <br />on the benefits of the channel and the waterway than to the overall economic benefits of the <br />lagoon. <br />Chairman Adams felt this is a lot of duplication and an expensive study for our <br />county although FIND has been very generous with our county and their programs have <br />increased our ad valorem tax base without question. <br />ON MOTION by Chairman Adams, SECONDED BY <br />Commissioner Tippin, the Board unanimously agreed to <br />participate in FIND's Economic Analysis of the Waterways of <br />Indian River County by 1) contributing $15,000 toward the cost <br />of the analysis, and 2) directing County staff to assist the project <br />consultant as needed, as recommended in the Memorandum. <br />February 15, 2000 <br />26 <br />