Laserfiche WebLink
CANCELLATION OF AGREEMENT <br />FOR RESERVATION OF ROAD RIGHT-OF-WAY <br />THIS AGREEMENT for Cancellation of Agreement for Reservation of Road Right -of -Way <br />made and entered into this day of August, 2014 by and between Indian River County, a <br />political subdivision of the State of Florida herein after "COUNTY", whose address is 1801 27th <br />Street, Vero Beach, FL 32960 and NYLACARB CORP., a Florida corporation, herein after <br />"NYLACARB" whose address is 1725 98th Avenue, Vero Beach, FL 32966, <br />WHEREAS, NYLACARB is the owner of a certain parcel of property located in Indian <br />River County with an address of 1725 98th Avenue, Vero Beach, FL and depicted in the aerial <br />photo described in Exhibit "A" attached; and <br />WHEREAS, the COUNTY and NYLACARB entered into an Agreement for Reservation <br />of Road Right -of -Way ("Agreement") dated March 15, 1988 recorded in the Public Records of <br />Indian River County at OR Book 797 Page 739; and <br />WHEREAS, the parties no longer desire to be bound by the terms and the conditions of <br />that Agreement; and <br />WHEREAS, the parties entered into that Agreement in order for NYLACARB to obtain <br />site plan approval, <br />NOW, THEREFORE, in consideration of the benefits accruing to the parties and other <br />good and valuable consideration, the sufficiency of which is hereby acknowledged, the parties <br />agree as follows: <br />1. The Agreement for Reservation of Road Right -of -Way dated March 15, 1988 and <br />recorded at OR Book 797, Page 739 is hereby cancelled and is of no further effect on the <br />parties. <br />1 <br />41 <br />