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INDIAN RIVER COUNTY, FLORIDA TO: Joseph A. Baird, County Administrator EPARTMENT HEAD_ CONCURRENCE Development Director FROM: Sasan Rohani, AICD; Chief, Long -Range Planning <5 //� TE: Februa RE: County Initiated Request to Redesignate ± 70 Acres from C-2 Conservation -2 (up to lunit/40 acres), and L-2, Law -Density Residential -2 (up to 6 units/acre), to C-1, Conservation -1 (zero density), and Rezone those ± 70 Acres from RS -6 Single -Family Residential District (up to 6 units /acre), and RS -1, Single -Family Residential District (up to Iunit/acre), to Con -1, Conservation -1 District (zero density) (LURA 2013040074-70780). It is requested that the following information be given formal consideration by the Board of County Commissioners at its regular meeting of March 4, 2014. DESCRIPTION AND CONDITIONS This is a county initiated request to change the land use designation of a property acquired by the county for conservation purposes under the County's Environmental Lands Program. In this case, the subject property is the Oslo Riverfront Conservation Area (ORCA) Diamond Tract, a property which consists of four contiguous parcels totaling ± 70 acres. In 2005, Indian River County acquired the ORCA Diamond Tract as an addition to the overall + 440 acre Oslo Riverfront Conservation Area. Subsequently, the County was awarded an after -purchase 50% cost -share reimbursement grant from the Florida Communities _Trust -(FCT) for acquisition of the tract. As a condition of the FCT_grant, a Declaration of Restrictive Covenants was recorded in the public records, restricting use ofthe -property to conservation and passive recreational use. Another condition of the grant compels the County to change the future land use and zoning designations of 147 SmeadSoft Reprint Date: Wednesday, December 14,2016 - 11:56:27 - BCC:1826 Attachment Id 1, Page 149