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A brief discussion ensued regarding the depreciation of contributed assets, the net <br />increase to the General Fund, and the County's overall financial health. <br />Commissioner Solari gave emphasis to Indian River County finishing fiscal year 2010- <br />2011 in a stronger financial position than the year before. <br />ON MOTION by Commissioner Solari, SECONDED by <br />Chairman Wheeler, the Board unanimously authorized the <br />Chairman to execute the County's Local Government <br />Annual Financial Report and accepted the Comprehensive <br />Annual Financial Report (CAFR) as presented for fiscal <br />year 2010-2011, as requested in the memorandum of <br />March 14, 2012. <br />REPORTS ON FILE IN THE OFFICE OF THE CLERK TO THE BOARD <br />8.C. WORK ORDER No. I FINAL PAY AND RELEASE OF RETAINAGE CREECH <br />ENGINEERS, INC., IRC GEODETIC CONTROL NETWORK VERTICAL <br />NETWORK DENSIFICATION, IRC PROJECT No. 1050 <br />ON MOTION by Commissioner Flescher, SECONDED <br />by Commissioner Davis, the Board unanimously approved <br />payment of Creech Engineers, Inc., Invoice No. 15304R, <br />dated March 5, 2012 in the amount of $14,369.60 for final <br />payment and release of retainage for Work Order No. 1, as <br />recommended in the memorandum of March 9, 2012. <br />March 20, 2012 4 <br />DK 142 PG 232 <br />