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12/1/86 UTIL LMA/h <br />RESOLUTION NO. 86-105 <br />A RESOLUTION OF THE BOARD OF COUNTY <br />® COMMISSIONERS OF INDIAN RIVER <br />COUNTY, FLORIDA, TRANSFERRING AND <br />AMENDING RESOLUTION NO. 85-17, A <br />WATER AND WASTEWATER FRANCHISE FOR <br />RIVERWALK UTILITIES, INC. FROM <br />RIVERWALK ASSOCIATES, A JOINT <br />VENTURE TO SEBASTIAN ASSOCIATES, A <br />JOINT VENTURE. <br />WHEREAS, Indian River County previously granted Riverwalk <br />Associates, a water and wastewater franchise pursuant to <br />Resolution No. 85-17 to serve Riverwalk Shopping Center; and <br />WHEREAS, Riverwalk Associates now desires to transfer the <br />franchise to the purchaser of Riverwalk Utilities, Inc., namely <br />Sebastian Associates, a joint venture, ::ontingent upon buyers <br />closing the transaction; <br />NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY <br />COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA, THAT: <br />The Board approves the transfer of the franchise to <br />Sebastian Associates as amended hereto. <br />The foregoing resolution was offered by Commissioner <br />Eggert , who moved its adoption. The motion was <br />seconded by Commissioner Bowman <br />and upon being <br />put to vote, the vote was as follows: <br />Chairman Don C. Scurlock, Jr. Aye <br />Vice -Chairman Margaret C. Bowman Aye <br />Commissioner Richard N. Bird ___Ay.e— <br />Commissioner Carolyn K. Eggert— <br />Commissioner Gary C. Wheeler —A-ye- <br />-1- <br />