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In November of 1997, the County terminated the easement along the FEC <br />Railroad tracks by General Release and received grants of new easements in <br />the preferred location, from Knight and Mathis, Inc. and Glendale Trade Center, <br />Inc. The new easements are recorded at O. R. Book 1179, Page 2936 and O. R. <br />Book 1179, Page 2938, Public Records of Indian River County. <br />While the relocated easement ran in an approximately north -south direction, the <br />southerly 175 feet of the 48 -inch concrete drainage pipe actually installed per <br />permitting agency requirements veers approximately 8 degrees to the east over <br />the southerly 175 feet of the easement. <br />Representatives of Glendale Trade Center, Inc. and the Indian River County <br />Public Works Department have requested that the southerly 175 feet of the <br />relocated easement be modified to reflect the actual placement of the pipe. <br />RECOMMENDATION: <br />Authorize the Chairman to execute the attached Release and Substitution of <br />Drainage Easement. <br />ON MOTION by Commissioner Eggert, SECONDED BY <br />Commissioner Ginn, the Board unanimously authorized the <br />Chairman to execute the Release and Substitution of Drainage <br />Easement, as recommended in the Memorandum. <br />RELEASE AND SUBSTITUTION OF DRAINAGE EASEMENT <br />WILL BE RECORDED IN THE PUBLIC RECORDS OF <br />INDIAN RIVER COUNTY <br />(COPY ON FILE IN CLERK TO THE BOARD OFFICE) <br />7.J. 1984 $2.500.000 HETRA Industrial Development Revenue <br />Bonds - Satisfaction f Mortgage and Termination ofAssignment <br />The Board reviewed a Memorandum of April 21, 1998 and Letter of April 15, 1998: <br />TO: Board of County Commissioners <br />FROM: Charles P. Vitunac, County Attorney <br />DATE: April 21, 1998 <br />RE: 1984 HETRA Industrial Development Revenue Bonds <br />April 28, 1998 <br />21 <br />