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AUG 2 0 1986 sooK 65 PacE 461 <br />ORDINANCE NO. 86-63 <br />Approved and adopted by the Board of County Commissioners of <br />Indian River County, Florida on this. 20th day of August <br />1986. <br />BOARD OF COUNTY COMMISSIONERS <br />OF INDIAN RIVER COUNTY, FLORIDA <br />BY: 2 G"40"e'w <br />DON --C-. SCURLOCK, J ., CHAIRMAN <br />RESERVATION OF ROAD RIGHT-OF-WAY (VATLAND OLDS) <br />ON MOTION by Commissioner Bird, SECONDED by Com- <br />missioner Wodtke, the Board unanimously approved <br />the Reservation of Road Right -of -Way Agreement <br />with Robert Vatland and authorized the signature <br />of the Chairman. <br />RESERVATION OF ROAD RIGHT-OF-WAY <br />THIS AGREEMENT, made and entered into this 20th <br />day of A_uqust 1 1986, by and between Indian River <br />County, a political subdivision of the State of Florida, and <br />ROBERT J. VATLAND, an individual, his heirs, successors, and <br />assigns; <br />WHEREAS, ROBERT J. VATLAND is the owner of certain <br />properties within Indian River County located on land more <br />particularly described in Exhibit "A", attached hereto and <br />incorporated herein; and <br />WHEREAS, ROBERT J. VATLAND wishes to further <br />develop said properties in accordance with a site plan <br />requiring Indian River County approval; and <br />WHEREAS, as part of the site plan approval, Indian <br />River County desires certain assurances regarding the <br />reservation of a portion of the aforementioned property, <br />more particularly described in Exhibit "B", attached hereto <br />and incorporated herein, for future right-of-way purposes; <br />and <br />WHEREAS, the parties recognize that the County <br />will acquire said property as described in Exhibit "B" when <br />such acquisition becomes necessary for roadway expansion or <br />improvements incidental to roadway expansion; and <br />34 <br />