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8.N. APPROVAL OF BID AWARD FOR IRC BID #2014024 DUNES GOLF COURSE <br />IRRIGATION SYSTEM PROJECT <br />ON MOTION by Commissioner Flescher, SECONDED <br />by Vice Chairman Davis, the Board unanimously: (1) <br />approved the project award to Duininck, Inc., for the <br />Irrigation Project on the Dunes Course at Sandridge Golf <br />Club in the amount of $1,168,000.00 (2) approved the <br />sample agreement; and (3) authorized the Chairman to <br />execute said agreement after receipt and approval of the <br />required Pubhc Construction Bond and Certificate of <br />Insurance, and after the County Attorney has approved the <br />agreement as to form and legal sufficiency, as <br />recommended in the memorandum of March 7, 2014. <br />AGREEMENT ON FILE IN THE OFFICE OF THE CLERK TO THE BOARD <br />9. CONSTITUTIONAL OFFICERS AND GOVERNMENTAL <br />AGENCIES <br />9.A. INDIAN RIVER COUNTY CLERK OF CIRCUIT COURT & COMPTROLLER, <br />JEFFREY R. SMITH: SUMMARY REVIEW OF 9-30-13 COMPREHENSIVE ANNUAL <br />FINANCIAL REPORT (CAFR) <br />Clerk of Circuit Court and Comptroller Jeffrey R. Smith announced that the Indian River <br />County's 2012-2013 Comprehensive Annual Financial Report (CAFR) was completed on March <br />3, 2014, and that the County has received the Certificate of Achievement for Excellence in <br />Financial Reporting for 30 consecutive years. He used a PowerPoint presentation (copy on file) <br />to provide a comprehensive overview of the audit results, relaying that there has been an overall <br />increase of $1 million in the County's net worth for 2013. Mr. Smith discussed the benefits of <br />March 18, 2014 12 <br />