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FF - <br />Commissioner Gunn felt that the Dodgers have a long and wonderful history in Vero <br />but support for these types of projects is waning and she makes her decisions based on <br />fiscally conservative principles. <br />City Attorney Julie Schutta advised that the City Council is not prepared to take a <br />vote today. She had serious concerns to be addressed and asked that the Board approve only <br />the conceptual idea with the understanding that the MOU must meet the approval of the City <br />and the County attorneys before adoption. <br />Administrator Chandler again noted that the MOU contains only the basic concept of <br />the transaction and there are many specific agreements which will have to be approved both <br />by the City Council and the Board prior to consummation of the transaction. <br />MOTION WAS MADE by Commissioner Macht, <br />SECONDED by Commissioner Tippin, that the <br />Board approve the Memorandum of Understanding <br />as is. <br />Commissioner Tippin noted that the County can depend on its bond counsel to initiate <br />a concept we can live with that will implement the transaction. <br />Chairman Adams commented that everyone agrees the County's interests must be <br />well -protected. <br />Administrator Chandler commented that the MOU is more than a concept, there will <br />be specific agreements to cover the major issues. <br />8K 114 PG 318 <br />61V 2492000 -12- <br />. <br />