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Chairman Stanbridge pointed out that several time-consuming matters are coming <br />forward. <br />10.A. CONSULTING SERVICES WITH THE CONSERVATION <br />FUND CHARITABLE TRUST FOR THE PURCHASE OF <br />LOST TREE ISLANDS - CITY OF VERO BEACH - TOWN <br />OF INDIAN RIVER SHORES - FLORIDA COMMUNITIES <br />TRUST <br />Assistant Administrator Baird reviewed a Memorandum of February 27, 2002: <br />TO: Board of County Commissioners fin <br />FROM: Joseph A. Baird, Assistant County Administrator t"�" <br />DATE: February 27, 2002 <br />SUBJECT: Consulting Services with The Conservation Fund Charitable Trust <br />for the Purchase of Lost Tree <br />Staff has been working diligently to purchase the Lost Tree Island. Recently, Indian <br />River County has been approached by The Conservation Fund Charitable Trust to assist in the <br />acquisition of the Lost Tree Islands. The Conservation Fund has proposed a consultation fee in <br />the amount of $75,000 including expenses. Payment of the consulting fee is contingent on <br />closing of the property. <br />The Conservation Fund has extensive resources, knowledge, and expertise in the purchase <br />of conservation land. Staff feels they could be helpful in obtaining the Lost Tree Islands. <br />Recommendation: <br />Staff recommends approving the Letter of Agreement. <br />March 5, 2002 <br />