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Jerry Swanson, Managing Partner of Oslo 27, LLC, invited questions from the <br />Board and expressed regret that he would not be building this road. <br />Bob Johnson, Coral Winds Subdivision, wanted the Board to examine the <br />ramifications of this situation carefully at the Public Hearing. He pointed out that 27th Avenue is <br />a major thoroughfare leading to Piper Aircraft, and he believed the area would eventually be <br />expanded. <br />12.B. PROPOSED "SETTLEMENT AGREEMENT AND RELEASE" BETWEEN <br />INDIAN RIVER COUNTY AND MHC COUNTRYSIDE AT VERO BEACH, <br />L.L.C., CASE No. 2006 -0114 -CA -09 <br />ON MOTION by Commissioner Davis, SECONDED by <br />Commissioner Flescher, the Board unanimously approved <br />the "Settlement Agreement and Release" with MHC <br />Countryside at Vero Beach, LLC., as recommended in the <br />memorandum of October 10, 2007. <br />13. COMMISSIONER ITEMS <br />13.A. COMMISSIONER GARY C. WHEELER, CHAIRMAN -NONE <br />13.B. COMMISSIONER SANDRA L. BOWDEN, VICE CHAIR -NONE <br />13. C COMMISSIONER WESLEY S. DAVIS <br />October 16, 2007 20 <br />