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carefully at this point in time. He commented that (like most large scale development projects to <br />date) the applicants have brought forth several suggested methodologies for circumventing / <br />property valuing the real estate in this project and the unavoidable consequence of spreading cost <br />over the rest of the county. Further, fiscal neutrality "is definitely our goal for this" and they <br />would be looking very closely at the underlying funding methodologies. <br />Chairman Wheeler called a break at 3.54 p. m. and resumed at 4:09 p.m. <br />5. PRESENTATION — ENVIRONMENTAL RESTORATION & <br />WATER SUPPLY <br />A. BOB ULEVICH, ST. JOHNS WATER CONTROL DISTRICT AND <br />SEBASTIAN RIVER WATER CONTROL DISTRICT <br />Mr. Bob Ulevich gave an overview and a brief history of the reconnection of the two (2) water <br />management districts as well as its congressional creation and authorization (1947-56), and the <br />1973-74 State creation of the five (5) Water Management Districts. <br />Mr. Ulevich displayed what he described as a very historic map showing the Central and <br />South Florida flood control project map as authorized by Congress years ago. He talked about a <br />preliminary engineering report that was part of a "design memorandum" that was printed in <br />1956. Said document talked about the St. Lucie area, ground water recharge, and the St. Johns <br />marsh lying south of SR 60. The report also talked about a fourth reservoir, water banking <br />(storage and need of excess water), connections to the C-25 and C-24 canals, the Indian River <br />County St. Lucie County reservoir and the drainage districts that it ties into, as well as the <br />primary purpose of the Indian River St Lucie Reservoir water conservation. <br />February 19, 2007 16 <br />Joint Workshop/St Lucie a <br />