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CCC': . rhE 4 <br />7.E. SEMI ANNu.4L BOND REVIEW <br />The Board reviewed a Memorandum of June 9, 1997: <br />TO: James <br />E. Chandler, County Administrator <br />THRU: Ron Hiker, Personnel Director <br />FROM: Beth Jordan, Risk Manager��, <br />DATE: 9 June 1997 <br />SUBJECT: Semi -Annual Bond Review <br />Please consider this item for the Board of County Commissioners' June 17, 1997, consent <br />agenda. <br />Background <br />Chapter 137.05, Florida Statutes, requires the Board of County Commissioners to review the <br />bonds of County officers twice annually. The Board last reviewed the bonds on January 28, <br />1997, for this process. <br />Analysis <br />We have reviewed copies of the bond for each Commissioner and Constitutional Officer and, <br />upon review, found them to be sufficient in keeping with the statutory requirements. A copy of <br />each bond is on file in the County Commission office. <br />Recommendation <br />Following review, no further action is required of the Board. <br />ON MOTION by Commissioner Adams, SECONDED by <br />Commissioner Ginn, the Board unanimously approved the <br />bonds for each Commissioner and Constitutional Officer, as <br />recommended by staff <br />7.F. TOWNSEND —RELEASE OFDEMOLI77ONLIEN <br />The Board reviewed a Memorandum of June 4, 1997: <br />TO: The Board of County Commissioners <br />FROM: William G. Collins II - Deputy County Attorney <br />DATE: June 4, 1997 <br />SUBJECT: Release of a Demolition Lien <br />On March 26, 1979 Indian River County recorded a demolition lien against Lot 9, <br />Block G of Summerplace, Unit Four, in the amount of $107.16. The owner at the <br />time of the lien was Jack F. Townsend. Subsequent to the recording of the lien, <br />the property was sold, but the lien was never satisfied at sale. The property <br />recently has been sold again, and at closing the lien, with accrued interest, was <br />paid. <br />REQUESTED ACTION: <br />Authorize the chairman to execute the attached Release of Lien for recording in <br />the Public Records of Indian River County, Florida. <br />JUNE 179 1997 <br />