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RESOLUTION NO. 96-15 <br />A RESOLUTION OF THE INDIAN RIVER COUNTY, FLORIDA, <br />AUTHORIZING THE CHAIRMAN OF THE BOARD OF COUNTY <br />COMMISSIONERS TO EXECUTE OPTION AGREEMENTS OR PURCHASE <br />AGREEMENTS RELATING TO LAND ACQUISITION. <br />WHEREAS, the electorate of Indian River County has voted in <br />favor of the issuance of general obligation bonds for the purpose <br />of financing the cost of acquiring environmentally significant land <br />in Indian River County; and <br />WHEREAS, said land acquisitions, and other similar land <br />acquisitions, in many cases are preceded by a purchase agreement or <br />by the securing of an option to purchase; and <br />WHEREAS, said acquisition agreements are binding on the seller <br />when accepted and paid for by the County; and <br />WHEREAS, expeditious action is often necessary and this may be <br />achieved by authorizing the Chairman to execute option agreements <br />or purchase agreements for nominal amounts, <br />NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY <br />COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA that: <br />The Chairman, or in the absence of the Chairman, the Vice - <br />Chairman, is authorized to execute on behalf of the County <br />Commission option agreements or purchase agreements to purchase <br />land where the cost of the option fee or deposit does not exceed <br />$100 dollars, and where final acquisition under such agreements is <br />subject to approval by the Board of County Commissioners. <br />The resolution was moved for adoption by Commissioner <br />Macht and the motion was seconded by Commissioner <br />ippin , and, upon being put to a vote, the vote was <br />as follows: <br />Chairman Fran B. Adams Aye <br />Vice- Chairman Carolyn K. Eggert Aye <br />Commissioner Richard N. Bird Aye <br />Commissioner Kenneth R. Macht Alco <br />Commissioner John W. Tippin Aye <br />The Chairman thereupon declared the resolution duly passed and <br />adopted this 23 day of January , 1996. <br />A <br />Je. BO,rt <br />u\r1 \"ttgmtinu ' <br />Vie•, ���•', <br />BOARD OF COUNTY COMMISSIONERS <br />INDIAN RIVER COUNTY, FLORIDA <br />By <br />Fran B. Adams <br />Chairman <br />APPROVED AS YO FORM < <br />AND <br />LEGAL SUFFICIENCY <br />BY TERRENCEP. g N <br />AS'9' COUNTY ATTORNEY <br />