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Attorney Polackwich advised that the Public Hearing and readoption of County Code <br /> would bring the County into compliance with the State ' s requirement for an annual update of <br /> County Code . <br /> The Chairman opened the Public Hearing. <br /> There being no speakers, the Chairman closed the Public Hearing, <br /> ON MOTION by Commissioner O ' Bryan, SECONDED <br /> by Chairman Solari , the Board unanimously adopted <br /> Ordinance 2011 -001 , amending Section 100 . 03 (4) of the <br /> Code of Indian River County ("The Code ") , codifying and <br /> publishing the Ordinances up to and including Supplement <br /> 84 thereto , readopting the Code , designating the Code as <br /> the best evidence of the current law of Indian River <br /> County, Florida, and providing for severability, <br /> codification , and an effective date . <br /> 10A PUBLIC DISCUSSIONITEMS <br /> 10. B. 1 . REQUEST TO SPEAK FROM GLENN HERRN, CPA , AND DR. STEPHEN J. <br /> FAHER TY, SR. REGARDING REGIONALIZATION OF <br /> WA TERISE WER4RRIGA TION IN COUNTY, CITY, AND SHORES <br /> Dr. Stephen J . Faherty Sr . and Glenn Heran, CPA, gave a PowerPoint presentation (copy <br /> on file) of their model for regionalizing the County ' s Water, Sewer, and Irrigation (WSI) <br /> services, which would be accomplished by the County assuming the utility operations for the <br /> City of Vero Beach (the City) , the Town of Indian River Shores (the Shores) , and the South <br /> Beach region . They provided background history and analysis , contrasting the financial health <br /> of the WSI facilities of the City with the County , and explaining how the rate structures and debt <br /> ratios would impact each utility. They conveyed that the City ' s existing rates are insufficient to <br /> March 8 , 2011 12 <br />