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do on a Motion made by Commissioner McCullers, seconded by Commissioner Loy, the following Resolution was unanimously adopted RESOLUTION NO. 69- 5B The Board of County Commissioners of Indian River County, Florida, resolves: 1. One of the great assets to facilitate the future growth and ®)m 11 development of this County is the property dedicated to the County known as Kiwanis - Hobart Park. The overall plan of development contemplated the acquisition of additional lands to round out and complete and make in a con- tiguous area a large tract of land for the development of this public park. One of the parts so missing and necessary and desirable is the following des- cribed land situated in Indian River County, Florida, to -wit: The Northeast quarter of the Southwest quarter; The Northwest quarter of the Southeast quarter (less that part lying West of Lateral "G" Canal); The South half of the Southwest quarter of the North- east quarter; and, The South half of the North half of the Southwest quarter of the Northeast :4uarter; All in Section 4, Township 32 South, Range 39 East, Indian River County, Florida; which is owned by The Florida Minerals Company, a corporation existing under the laws of the State of Ohio, authorized to do business in the State of Florida. This Board has heretofore caused said lands to be appraised by E. M. Collard, a duly qualified appraiser. Negotiations with the owner of said property have resulted in an offer of the owner to sell all of said propert; to this County for the appraised value of $55, 650. 00, which this Board does herewith find and determine to be a fair and reasonable value fi r such lands. This Board does herewith determine to purchase all of the above described lands from said owner at the price stated, to be paid by County Warrant upon receipt of a properly executed deed of conveyance. 2. The Chairman and Clerk are further authorized and directed to submit to the State of Florida Department of Natural Resources, formerly the Florida Outdoor Recreational Development Council, the application of this Board for reimbursement to this County of one-half of the purchase price of Smith, Heath, Smith & O'Haire, Attorneys At Law, P. O. Box 518, Vero Reach, Florida 32960 2