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Board of County Commissioners <br />November 2, 2016 <br />Page Two <br />Pursuant to Section 125.38, Florida Statutes, Indian River County can convey the Property to the City of <br />Fellsmere, so long as the Board of County Commissioners of Indian River County (the "Board") is <br />satisfied that the Property is not needed for county purposes. In order to convey the Property, the Board <br />must adopt a resolution setting forth the purpose for which the Property will be used and the price for the <br />Property. The County Attorney's Office has drafted both the County Deed and the appropriate resolution. <br />At the request of the City of Fellsmere, the County Deed eliminates the restrictions concerning use for <br />affordable housing purposes. <br />FUNDING. <br />There is no funding associated with this item. All costs for recordation of the County Deed will be paid <br />by the City of Fellsmere. <br />RECOMMENDATION. <br />The County Attorney's Office recommends approving the attached resolution and County Deed and <br />authorizing the chair to execute any and all documents to effectuate same. <br />ATTACHMENT(S). <br />Proposed Resolution <br />County Deed <br />F.• -Ad weyiU�daIGEAZBADB C CAgembAlews Bovke Svw Mim m Deed doe <br />254 <br />