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On a Motion made by Commissioner McCullers, seconded by <br />Commissioner Macdonald, -the following resolution was unanimously <br />adopted: <br />RESOLUTION 68-3 <br />WHEREAS a suit is now pending in the Circuit Court of <br />the Nineteenth judicial Circuit in and for Indian River County, <br />,Florida, being case No. 3-L, and styled INDIAN RIVER COUNTY, a <br />Political subdivision organized under the laws of the State of <br />Florida -vs- VERO BEACH DEVELOPMENT, INC., a Massachusetts corpora-' <br />tion, and CONTINENTAL CASUALTY COMPANY, an Illinois corporation, <br />and <br />WHEREAS an offer has been made by Continental Casualty <br />Company, one of the Defendants in -said case, to pay to Indian <br />River County, the plaintiff, the sum of $28,000.00 in fullicomplete, <br />and final settlement of said case, <br />and <br />WHEREAS the Board Of County Commissioners of Indian River' <br />County, Florida, upon due consideration, Considers that it is <br />advisable and in the best interests of Indian River County, Florida, <br />to accept said settlement offer, <br />Now Therefore <br />HE IT RESOLVED by the Board of County Commissioners of <br />Indian River County, Florida, that it shall and does hereby approve <br />the full, complete and final settlement of the above case for the <br />sum of $28,000.00 to be paid to it by Continental Casualty Company. <br />BE IT FURTHER RESOLVED that the Chairman of the Board of <br />County Commissioners be and he Is hereby authorized to Oxocute on <br />behalf of Indian River County and the Board of County Commissioners: <br />of Indian River County such general releases as may be necessary <br />to consumate such settlement. <br />LAW OFFICES <br />COULD, CGOKSEY & FENNELL VCkO SEArN <br />