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RECOMMENDATION: <br />Staff recommends that the Board of County OOO.00Commissioners letter ofease to <br />credit <br />Planned Development Corporation the$ <br />held to guarantee the construction of required improvements for <br />the Sixty Oaks PRD project. <br />ON MOTION by Commissioner Eggert, SECONDED by <br />Commissioner Wheeler, the Board unanimously released <br />to the Planned Development Corporation the $477,000 <br />letter of credit held to guarantee the construction of <br />required improvements for the Sixty Oaks PRD project. <br />COPY OF CONTRACT IS ON FILE IN THE OFFICE OF THE CLERK TO THE <br />P. Release of Easement___ Roseland Gardens Subdivision, Lots 17, <br />18 and 19, Block 2 <br />The Board reviewed the following memo dated 319187: <br />TO: The Honorable Members DATE: March 9, 1987 FILE: <br />of the Board of County <br />Commissioners <br />DIVISION HEAD CONCURRENCE: RELEASE OF EASEMENT <br />REQUEST BY DAVID R. <br />SUBJECT: LANGFITT, JR. SUBJECT <br />L2 PROPERTY: LOTS 17, 18 <br />Robert M. Kea ng, w7CP & 19, BLOCK 2, ROSELAND <br />Planning & Developm nt Director GARDENS SUBDIVISION <br />Betty Davis <br />FROM: Code Enforcement officer REFERENCES: DIS : REMS <br />It is requested that the data herein presented be given formal <br />consideration by the Board of County Commissioners at their <br />regular meeting of March 24, 1987. <br />DESCRIPTION AND CONDITIONS: <br />The County has been petitioned by David R. Langfitt, Jr., <br />owner of the subject property, for the release of the common <br />side lot 5' easement of lots 17, and 18, Block 2, Roseland <br />Gardens Subdivision and the common side lot 5' easement of lots <br />18 and 19, Block 2, Roseland Gardens Subdivision, being the <br />southeasterly 5' of lots 18 and 19, Block 2, Roseland Gardens <br />Subdivision and the -northwesterly 5' of lots 17 and 18 Block 2, <br />Roseland Gardens Subdivision as recorded in Plat Book 8, Page <br />25, of the Public Records of Indian River County, Florida. It <br />is the owner's intention to consolidate the lots into 2 larger <br />building sites. <br />19 <br />BOOK r:';t b►7 <br />