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RESOLUTION NO. 2015- <br />A RESOLUTION OF THE BOARD OF COUNTY <br />COMMISSIONERS OF INDIAN RIVER COUNTY, <br />FLORIDA, FORMALLY DESIGNATING CERTAIN <br />COUNTY OWNED PROPERTY FOR 26TH STREET <br />RIGHT-OF-WAY, AND DIRECTING THE PROPERTY <br />APPRAISER TO CUT OUT THE PROPERTY <br />DESIGNATED AS RIGHT-OF-WAY FROM THE <br />PARENT PARCEL. <br />WHEREAS, on August 28, 2014 Indian River County purchased on the <br />open market property from Brenda Hamilton Sistler, Keith A. Hamilton and Willliam <br />A. Hamilton for future road expansion of 26th Street; said conveyance was <br />recorded in Book 2784 at Page 2015 of the Public Records of Indian River County, <br />Florida; and <br />WHEREAS, the purpose of purchasing the property on the open market <br />was to avoid expert witness costs and attorney's fees that would be incurred <br />through the eminent domain process at the time the right-of-way was needed; and <br />WHEREAS, the intent of the County is to now earmark by a formal <br />document that portion of the property for right-of-way so that the remainder can be <br />re -sold and put back on the tax rolls; and <br />WHEREAS, a sketch and legal description of the right-of-way have been <br />prepared and are attached hereto as Exhibit "A"; and <br />WHEREAS, a sketch and legal description have been prepared for the <br />remainder property and are attached hereto as Exhibit "B"; and <br />1 14 <br />