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Chief Environmental Planner Roland M. DeBlois reviewed the memorandum using <br />backup page 143 (map graphic) and maps of the area displayed on the overhead to aid in his <br />presentation. He pointed out that Round Island South was one of the original LAAC sites <br />when the bond issue referendum was passed in 1992. He advised of the assessed value and <br />discussed the purchase price in relationship to the appraised values. He stated that a super - <br />majority vote of the Board (4 out of 5) would be required to approve the purchase. He <br />pointed out that there is a maritime hammock in the upland and there are opportunities to <br />restore and enhance the marsh lands. He displayed an aerial photograph to indicate the <br />relationship of the Casey parcels to the improved Round Island Park. He advised of staff's <br />recommendation to approve exercising the option for the purchase contract and move <br />forward with the closing. <br />Vice Chairman Ginn thought the appraisals should have been done by local appraisers <br />and questioned who selected the appraisal firms, and Mr. DeBlois stated that the appraisers <br />were selected by the County's acquisition consultant, Charles Hardee ofFloridAffinity, Inc., <br />based on the appraisers' familiarity with the State's process. <br />Mr. DeBlois also stated in response to a further question of Vice Chairman Ginn, that <br />the property would be titled 100% in Indian River County. <br />Commissioner Stanbridge was concerned about the lot to the south, and Mr. DeBlois <br />explained that the parcel belonged to Mr. Stebbins who also owns the adjacent lots in St. <br />Lucie County. He felt that Mr. Stebbins might entertain a package purchase and perhaps we <br />might partner with St. Lucie County. County staff is working toward that goal. <br />Commissioner Stanbridge commented that there will be an opportunity to improve <br />the water quality and thus grants would be available. <br />Vice Chairman Ginn favored our county purchasing the Stebbins' parcel within our <br />boundaries and felt that St. Lucie County should acquire the property on their side of the <br />March 21, 2000- <br />89 <br />