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12.A. COUNTY ATTORNEY - ESTATE OF FRANKLIN S. TAYLOR AND RALPH S. TAYLOR, PERSONAL REPRESENTATIVE - PROPOSED STIPULATED SETTLEMENT (LOT 11, BLOCK 9, VERO BEACH ESTATES) Deputy County Attorney Will Collins explained the history of this particular property and noted that Lot 11 was dedicated by the City of Vero Beach for a street. However, the street was never used and the Taylor Estate has now requested the lot as it has traditionally been used as the Taylor family's access to their carport which is on Lot 12. The Taylor Estate's attorney, Bruce Barkett, has been in touch and has explained that the Taylor sons wish to file an estoppel against the County, saying they would have no access to their carport. They have offered $29,970 for the purchase of Lot 11 and there is an agreement that the Taylors would pay the County's previously expended auction sale costs. ON MOTION by Commissioner Adams, SECONDED by Commissioner Lowther, the Board unanimously authorized Deputy County Attorney William G. Collins II to execute the Stipulation of Settlement on behalf of the County, agreeing to sell the Estate of Franklin S. Taylor Lot 11 for the purchase price of $29,970, with the understanding that, at closing, the Taylor Estate will reimburse the County for its auction preparation costs in the amount of $1,911.40, as recommended by staff. 12.B. COUNTY ATTORNEY - BRIAN WEST (WESTCO - SEBASTIAN JOINT VENTURE) PROPERTY -10-FOOT RIGHT-OF-WAY STRIP AT THE NORTHWEST INTERSECTION OF ROSELAND ROAD AND US#1 Deputy County Attorney Will Collins reviewed the project for the Board and noted that this is a fairly unique situation in that Mr. West can sell the strip along Walgreen's (Parcel A-2) but will have to acquire title to the other parcels. Mr. West will have to provide the County with a title insurance policy guaranteeing marketable title to all 4 parcels. The County could choose to close MARCH 4, 2003 26