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MOTION WAS MADE by Commissioner Macht, SECONDED BY <br />Commissioner Tippin, to adopt Resolution No. 96-15 <br />authorizing the Chairman of the Board of County <br />Commissioners to execute option agreements or <br />purchase agreements relating to land acquisition <br />where the cost of the option fee or deposit does not <br />exceed $100 and where final acquisition is subject <br />to approval by the Board of County Commissioners, as <br />recommended in the memorandum. <br />In response to Commissioner Eggert, County Attorney Vitunac <br />gave assurances that there were no negatives to this procedure and <br />it would actually be better because without it an option would have <br />to be signed by the full Board and that would look like a sale. <br />Commissioner Macht commented that a signature on an option <br />only freezes the price. <br />Commissioner Eggert understood the effect of the resolution, <br />but was concerned that it might be misunderstood by. the public <br />because of the wording of the headline in the newspaper as compared <br />to the wording in the body of the article. <br />THE CHAIRMAN CALLED THE QUESTION and the motion <br />carried unanimously. <br />SEBASTIAN SCRUB <br />,SEE OPTION AGREEMENT MADE PART OF THE RECORD 4716/96 <br />AGC INDUSTRIAL SCRUB PROJECT #95-025-P56 - c'_C)PY OF PARTIALLY EXECUTED <br />OPTION AGREEMENT MADE PART OF RECORD 8/20/96 <br />RESOLUTION NO. 96-15 <br />A RESOLUTION OF THE INDIAN RIVER COUNTY, FLORIDA, <br />AUTHORIZING THE CHAIRMAN OF THE BOARD OF COUNTY <br />COMMISSIONERS TO EXECUTE OPTION AGREEMENTS OR PURCHASE <br />AGREEMENTS RELATING TO LAND ACQUISITION. <br />l <br />WHEREAS, the electorate of Indian River County has voted in <br />favor of the issuance of general obligation bonds for the purpose <br />of financing the cost of acquiring environmentally significant land <br />in Indian River County; and <br />a <br />WHEREAS, said land acquisitions, and other similar land <br />acquisitions, in many cases are preceded by a purchase agreement or <br />by the securing of an option to purchase; and <br />WHEREAS, said acquisition agreements are binding on the seller <br />when accepted and paid for by the County; and <br />r � <br />WHEREAS, expeditious action is often necessary and this may be <br />achieved by authorizing the Chairman to execute option agreements <br />u or purchase agreements for nominal amounts, <br />NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY <br />COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA that: <br />ST, SEB. PUD SCRUB _ Ptejeet 96-043-P7A OPTION AGREEMENTd PAJ4/O� RECORD <br />8/20/96 <br />W� <br />January 23, 1996 <br />BOOK 9i F�,F 146 <br />I <br />