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The Board reviewed a Memorandum of August 30, 2000: TO: Board of County Commissioners DATE: August 30, 2000 SUBJECT: Los Angeles Dodgers — Proposed Agreements FROM: J es E. Chandler, County Administrator The Memorandum of Understanding (MOU) dated July 24, 2000 approved by the Board provided that the parties would negotiate various agreements referenced in the MOU by not later than September 1, 2000. The attached agreements have been negotiated by the parties in accordance with the MOU and are hereby submitted to the Board with the recommendation that such agreements be approved as to form and substance. If approved by the Board and, where applicable, the Vero Beach City Council, the agreements will be made a part of the County's application for State funding which must be submitted by October 1, 2000. The agreements will be held by the County's bond counsel pursuant to the attached Document Escrow Agreement pending the satisfaction of the various conditions specified in the MOU and as reflected in the Document Escrow Agreement. The Chairman then opened the floor to public comment on the remaining agenda items concerning the Dodger matter. Gene Winne, 2096 Windward Way, stated he was speaking as a board member and vice president of the Civic Association. He advised that while the members of the Civic Association are not against the Dodgers and hope they will remain in Vero Beach, they do have strong objections to many features in the way it has been accomplished. He cited and expanded on the following reasons for their objections. First, the public has never been adequately informed about the negotiations; second, the County is providing major financial assistance to a company controlled by one of the world's wealthier men; third, the positive effects on the county's economy are less than claimed and no studies or alternatives have been made available; fourth, it is a somewhat one-sided deal in favor of the Dodgers. He September 7, 2000 15 BK 115 PG 019