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BOOK`� <br />�-0j PA,,E 6 ,1` <br />12. BLUE GOOSE PROPERTY - OPTION RIGHT RELINQUISHED <br />INEXCHANGE FOR CONSERVATION EASEMENT FROM THOMAS <br />H. COLLINS AND GRETCHEN P. COLLINS <br />The Board reviewed a Memorandum of July 6, 1999: <br />TO: The Board of County Commissioners <br />FROM: YiT' William G. Collins II - Deputy County Attorney <br />DATE: July 6, 1999 <br />SUBJECT: The Blue Goose Property - Agreement to Relinquish Option Right <br />in Exchange for Conservation Easement <br />Pursuant to Board direction, presented for approval is an agreement to relinquish <br />the County's purchase option in exchange for a conservation easement from <br />Tom Collins who has a backup agreement to purchase from the sellers, Daniel I. <br />Preuss, Trustee; Barbara B. Lynch, Trustee; and Wayne C. Sommers. <br />If approved by the Board, the agreement to relinquish the option will be delivered <br />to Mr. Collins' attorney, Richard Candler, Esq., to be held in escrow pending the <br />sale of the 1.93± acre property in question to Collins and Collins' subsequent <br />execution of the 1.64± acre conservation easement as set out in the agreement <br />to Indian River County. All documents would be delivered from escrow <br />simultaneously. <br />RECOMMENDATION: <br />Authorize the Chairman to execute the attached Agreement to Relinquish Option <br />Right in Exchange for Conservation Easement. <br />Accept the Conservation Easement as described and set out as Exhibits B and <br />C to the Agreement, when delivered from escrow. <br />ON MOTION by Commissioner Ginn, SECONDED BY <br />Commissioner Tippin, the Board authorized the Chairman to <br />execute the Agreement to Relinquish Option Right in Exchange <br />for Conservation Easement and accepted the Conservation <br />Easement as described and set out as Exhibits B and C to the <br />Agreement, when delivered from escrow, as recommended in <br />the Memorandum. (Vote: 4-1, Commissioner Stanbridge_ <br />opposed) <br />COPY OF AGREEMENT IS ON FILE <br />IN TIM OFFICE OF THE CLERK TO THE BOARD <br />July 13, 1999 <br />76 <br />