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RESOLUTION NO. 2014 - <br />WHEREAS, in December 2011 Indian River County allowed the Coalition to <br />transfer the three lots to Indian River County Habitat for Humanity, Inc. with a three year <br />building restriction, with deeds to properties recorded in Book 2547, page 563 attached as <br />Appendix A; and <br />WHEREAS, Indian River County Habitat for Humanity, Inc. recently informed <br />the county that it wishes to return two of the lots located in Geoffrey Subdivision to the <br />county and requested a one year extension to build on the Smith Plaza subdivision lot; <br />and <br />WHEREAS, Every Dream Has A Price, Inc. indicated that they are interested in <br />obtaining the two Geoffrey Subdivision lots under the provision of using, the lots for <br />affordable housing units. <br />NOW THEREFORE, BE IT RESOLOVED by the Board of County Commissioners of <br />Indian River County, Florida that: <br />Section 1. <br />The above recitals are ratified in their entirety. <br />Section 2. <br />The Board of County Commissioners hereby authorizes Indian River County Habitat for <br />Humanity, Inc. to transfer the two properties located in Geoffrey Subdivision to Every <br />Dream Has A Price, Inc. with the properties' restrictive covenants remaining in place, <br />and that the three year period for construction of affordable housing units on the subject <br />lots shall start on the date of the deed transfer. <br />The Board of County Commissioners also hereby grant one year extension to Habitat for <br />Humanity, Inc. to build an affordable housing unit on the Smith Plaza subdivision lot. <br />The foregoing resolution was offered by Commissioner , and <br />seconded by Commissioner , and being put to a vote, the vote was <br />as follows: <br />2 <br />194 <br />