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RESOLUTION NO. 2016- n17 <br />A RESOLUTION OF THE BOARD OF COUNTY <br />COMMISSIONERS OF INDIAN RIVER COUNTY, <br />FLORIDA, APPROVING AN EXCHANGE OF LAND WITH <br />STONEY BROOK FARMS AND PREMIER CITRUS <br />WHEREAS, Stoneybrook Farms Group LLC (Stoney Brook), a Florida limited <br />liability company, is the owner of real property located on the northwest corner of 4th <br />Street and 82nd Avenue, Vero Beach, Indian River County; and <br />WHEREAS, Premier Citrus LLC (Premier), a Florida limited liability company, is <br />the owner of real property abutting 4th Street west of 82nd Avenue; and <br />WHEREAS, Indian River County (County), a political subdivision of the State of <br />Florida, owns a parcel of land on the west side of 82nd Avenue adjacent to Stoney Brook <br />Farm Subdivision; 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 future widening and improvements to 4th Street at <br />82nd Avenue that will require the utilization of parts of the Premier property located on <br />4th Street, Vero Beach, 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, Stoneybrook Farms Group LLC and <br />Premier Citrus LLC is approved and Chairman is authorized to execute the Agreement <br />and any deed or document necessary to effectuate the exchange <br />1 <br />