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10.A. 3. PUBLIC HEARING TO CONSIDER REVENUE DISTRIBUTION FORMULA FOR <br />60 LOCAL OPTION GAS TAX (ADMINISTRATIVE) <br />Public Works Director Christopher Mora conveyed that the Board is required to hold a <br />Public Hearing every two years to approve the revenue distribution formula for the 6¢ Local <br />Option Gas Tax. He directed the Board's attention to the distribution formulas for Indian River <br />County, Vero Beach, Fellsmere, Sebastian, Orchid, and Indian River Shores outlined on page <br />204 of the agenda packet (see Addendum A of these minutes), and presented staff's <br />recommendation to approve the formulas as presented. <br />The Chairman opened the Public Hearing. <br />There being no speakers, the Chairman closed the Public Hearing. <br />ON MOTION by Commissioner Davis, SECONDED by <br />Chairman Wheeler, the Board unanimously approved the <br />2012-2013 revenue distribution percentages (see <br />Addendum A of these minutes), as recommended in the <br />memorandum of May 2, 2012. <br />10.B. PUBLIC DISCUSSION ITEMS - NONE <br />10. C. PUBLIC NOTICE ITEMS - NONE <br />11. COUNTY ADMINISTRATOR MATTERS - NONE <br />12. DEPARTMENTAL MATTERS <br />12.A. COMMUNITY DEVELOPMENT <br />May 22, 2012 16 <br />BK 142 PG 1490 <br />