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Commissioner/Chairman Chris Craft liked Indian River County's interest in the <br />program but thought they should stay on topic as to how this relates to Indian River County, how <br />this would impact Indian River County, whether we want those impacts the way it is being <br />proposed by this applicant or not, and is this an impact that we are willing to accept. <br />Chairman Wheeler asked how many units could be gotten out of 35,000 credits or how <br />many credits equal a unit. <br />Mr. Cox explained that there are 35,000 credits (that would relate to a 5,000 acre town) <br />and there are a minimum number of residential units within that town which is 10,000 and a <br />maximum within that town of 12,500 (each acre could be 2 — 2 1/2 on a gross basis), so you have <br />35,000 credits that relates to between 10,000 and 12,500 homes and it includes the commercial <br />and industrial. <br />Chairman Wheeler discussed property with more or less density and the transfer of units. <br />He believed the "village" concept is good but had concerns on which comes first, the residential <br />or the commercial, believing that residential has to be first established as a customer base before <br />going in and setting up commercial. <br />Mr. Cox said one of the things they were working on (with retail and transportation <br />people) is how they could phase in bits and pieces of those daily needs over time. He provided <br />examples of towns that have been reasonably successful (like the Villages in Sumter County). <br />Commissioner Davis had tremendous concern mainly for the agricultural industry with <br />the thought of having wells drilled south of our County where we were not allowed to drill in the <br />first place. <br />February 19, 2007 12 <br />Joint Workshop/St Lucie a <br />