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RESOLUTION NO. 93- 65 A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA, AUTHORIZING THE EXCHANGE OF APPROXIMATELY FIVE ACRES OF LAND IN THE TOWN OF INDIAN RIVER SHORES ADJACENT TO TRACKING STATION PARK FOR LAND NEAR WHICH THE GIFFORD COMMUNITY CENTER IS LOCATED (GIFFORD PARK), OF APPROXIMATELY 39 ACRES, WITH EACH PARTY HAVING A RIGHT -OF -FIRST REFUSAL ON ANY FUTURE SALE OR OTHER DISPOSAL OF THE OTHER'S PROPERTY AND WITH THE TOWN PAYING THE COUNTY $125,000. WHEREAS, Indian River County is the owner of approximately five acres of land in the Town of Indian River Shores adjacent to Tracking Station Park; and WHEREAS, the County has determined that the land is surplus to the needs of the County and can be better used by the Town; and WHEREAS, the Town has approximately 39 acres of land in the Gifford community near which the County has built the Gifford Community Center (Gifford Park), which land is now surplus to the needs of the Town; and WHEREAS, the Town and the County believe that the public interest would be better served by the exchange of these properties; and WHEREAS, the Town has agreed to give the County $125,000 and the right -of -first refusal on any sale or other disposal by the Town of the beach property and the County will give the Town the same right -of -first refusal on the Gifford property, NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY OF INDIAN RIVER COUNTY, FLORIDA, that: 1. The Chairman of the Board of County Commissioners is authorized to execute a County deed of the referenced beach property in return for which the County will accept a city deed on land near the Gifford Community Center property (Gifford Park), containing a right -of -first refusal, and $125,000. 2. The County deed shall contain a restriction that the County will have the right -of -first refusal if the Town ever decides to sell or otherwise dispose of the beach property transferred.