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I <br />BOOK i0o rAGE 7'-% <br />Following a brief discussion, Chairman Tippin determined that the Board of County <br />Commissioners would go forward with the matter. <br />Environmental Planning & Code Enforcement Chief Roland M. DeBlois reviewed a <br />Memorandum of August 31, 1998: <br />TO: James E. Chandler <br />County Administrator <br />D TMENT HEAD CONCUF <br />obert M. Keating, AICA <br />Community Development Director) <br />FROM: Roland M. DeBlois�P <br />Chief; Environmental Planning <br />DATE: August 31, 1998 <br />SUBJECT: BOARD APPROVAL TO PURCHASE 6 OF 9 PARCELS IN THE "ROUND <br />ISLAND SOUTH" PROJECT UNDER THE COUNTY ENVIRONMENTAL <br />LANDS PROGRAM <br />It is requested that the information herein presented be given formal consideration by the Board of <br />County Commissioners at its regular meeting of September 8, 1998. <br />Staff recommends that the Board of County Commissioners purchase (with bond funds) six of nine <br />parcels of the Round Island South LAAC project. The proposed purchase contracts (already executed <br />by the sellers) are summarized as follows: <br />P ur has r: Indian River County Board of County <br />Commissioners / Florida Communities Trust (FCT) <br />(Indian River County will hold title) <br />Sellem: Robert M. Swedroe c/o Jay E. LaShaw <br />Patricia Ann Padden <br />Norberta and Carmencita deGuanan, et al. <br />Barry and Paula F. Gilman, et al. <br />Cost -Share: Florida Communities Trust (50%) <br />(includes share of acquisition costs) <br />Total Price: $601,900 (average ±$49,744 per upland acre; ±$13,556 per acre overall) <br />Other Costs: ±$40,000 (appraisals, survey, environ. audit, title insurance) <br />County Bonds <br />Expen i .r : ±$334,535 (approximate, not including initial management costs) <br />Ara : ± 44.4 acres (± 12.1 ac. uplands, ±32.3 ac. wetlands) <br />September 8, 1998 <br />26 <br />0 <br />