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_I <br />BOOK JJJ PAGE <br />ZE. FLORIDA INLAND NAVIGATIONDISTRICT - ECONOMICANALYSIS OF <br />THE WATERWAYS OFINDIANRIVER COUNTY- INTERLOCAL <br />AGREEMENT <br />The Board reviewed a Memorandum of May 16, 2000: <br />TO: James E. Chandler, County Administrator <br />D N HEAD CONCURRENCE: <br />Robert M. Keating, AI P; -qoiiunu�K Development Director <br />THROUGH: Sasan Rohani, AICP; Chief, Long -Range PlanningS.�. <br />FROM: Peter J. Radke; Economic Development Planner f <br />DATE: May 16, 2000 <br />SUBJECT: CONSIDERATION OF INTERLOCAL AGREEMENT BETWEEN THE <br />FLORIDA INLAND NAVIGATION DISTRICT AND INDIAN RIVER COUNTY <br />REGARDING THE DISTRICT'S ECONOMIC ANALYSIS OF THE <br />WATERWAYS OF INDIAN RIVER COUNTY <br />It is requested that the data herein presented be given formal consideration by the Board of County <br />Commissioners at its regular meeting of May 23, 2000. <br />At its February 15, 2000 meeting, the Board of County Commissioners agreed to participate in the <br />Florida Inland Navigation District's a1ND's) Economic Analysis of the Waterways of Indian River <br />County by contributing $15,000 toward the cost of the analysis. Since the February 15`h meeting, <br />FIND has forwarded a draft interlocal agreement that has been reviewed by county staff. At the May <br />23`4 meeting, the Board is to decide whether or not to execute the attached interlocal agreement. <br />To justify the $7.8 million annual expense of dredging the state's intracoastal waterways as a wise <br />economic investment to the general public as well as to Federal, State, and local officials, FIND has <br />initiated a number of economic studies of the District's waterways. Thus far, FIND has completed <br />an economic analysis of the District's waterways in Palm Beach County and is initiating similar <br />analyses in Martin, St. Lucie, and Indian River Counties. <br />MAY 239 2000 <br />