Title
Equivalent Residential Unit Issues
Recommended Action
Staff recommends that the Indian River County Board of County Commissioners (BCC) authorize staff to come back with an ordinance at a public hearing on January 8, 2019, which will 1) allow for the reclamation of equivalent residential units (ERUs), 2) allow for the relinquishment of ERUs, and 3) provide a method for settlements of delinquent reserve accounts. Finally, staff recommends that the BCC approve the form contract for the settlement of delinquent reserve accounts and decide the payment amount to be made by the property owner.