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RESOLUTION NO. 2007- 087 <br />A RESOLUTION OF THE <br />BOARD OF COUNTY COMMISSIONERS <br />OF INDIAN RIVER COUNTY, FLORIDA, <br />APPROVING AN EXCHANGE OF LAND WITH <br />RUBEN AND SANDRA KOCH <br />WHEREAS, Ruben and Sandra Koch are the owners of real property located <br />along 8th Street situated near the proposed 66th Avenue; and <br />WHEREAS, the County owns a parcel of land adjacent to the Koch's and both <br />parcels abut 8th Street; and <br />WHEREAS, it is the opinion of the Board of County Commissioners that the <br />County owned parcel is not needed for county purposes; and <br />WHEREAS, it is in the best interest of the County that such property be <br />exchanged for other real property, which the County desires to acquire for county <br />purposes; and <br />WHEREAS, the County plans widening and improvements to 8th Street that will <br />require the utilization of parts of the Koch's property located on 8th Street, Vero Beach, <br />Florida; and <br />WHEREAS, the terms and conditions of the proposed exchange were noticed in <br />the newspaper once a week for two weeks pursuant to Florida Statute 125.37, <br />NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY <br />COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA, that the Exchange <br />Agreement between Indian River County, Florida, and Ruben and Sandra Koch is <br />approved and Chairman is authorized to execute the Agreement and any necessary <br />deed to effectuate the exchange. <br />