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EAR92 <br />ON MOTION by Commissioner Scurlock, SECONDED by <br />Commissioner Bird, the Board unanimously approved the <br />Agreement and authorized the Chairman to execute the <br />appropriate documents to secure the funding of $25,833 <br />as proposed, as set out in the above staff <br />recommendation. <br />Commissioner Bowman assumed that this was included in the <br />budget since there is no reference to money here, and Administrator <br />Chandler advised that it will be in-kind services. <br />COPY OF PARTIALLY EXECUTED AGREEMENT IS ON FILE IN THE OFFICE OF <br />THE CLERK TO THE BOARD <br />TERMINATION OF'`TWO AGREEMENTS WITH TREASURE COAST BROADCASTING <br />COMPANY - APPROVAL OF TWO LICENSES WITH SANDAB COMMUNICATIONS <br />LIMITED PARTNERSHIP II <br />The Board reviewed the following memo dated 3/11/92: <br />TO: Board of County Commissioners <br />THROUGH: James Chandler <br />County Administrator <br />FROM: Doug Wright, Director <br />Emergency Services <br />DATE: March 11, 1992 <br />SUBJECT: Approval of Termination Agreement between Indian River <br />County, Treasure Coast Broadcasting Company and Gregory D. <br />Bone; and Approval of Two Licenses between Indian River <br />County and Sandab Communications Limited Partnership II <br />It is respectfully requested that the information contained herein be <br />given formal consideration by the Board of County Commissioners on an <br />emergency basis at the next regular meeting. <br />DESCRIPTION AND CONDITIONS <br />Staff was advised on March 10, 1992, that the owner or owners of <br />Treasure Coast Broadcasting Company was in receivership in the State <br />of Massachusetts and Resolution Trust Corporation was preparing to <br />enter into certain financial matters that relate to the company. <br />Treasure Coast Broadcasting Company (WGYL) has erected a broadcasting <br />tower on the property located near the transfer station off Old Dixie <br />Highway which they have leased from Indian River County. <br />Since Indian River County owns and has a vested interest in the real <br />Property referenced above, staff determined that existing documents <br />should not be assigned, rather new documents should be prepared to <br />reflect agreements with Sandab Communications Limited Partnership II. <br />30 <br />