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11.G1. RESOLUTION 2001-111 DEQ CONDITION STATED IN M JNG FAILURE OF ICATION TO COUNTY DEED AND AUTHORIZING PAYMEN THE CHILDREN'S HOME SOCIETY (REACQUIRE PARCEL OF LAND) The Board reviewed a Memorandum of October 1, 2001: TO: James Chandler County Administrator THROUGH: James W. Davis, P.E. Cr - Public Works Director Terry B. Thompson, P.E. Manager, Capital Projects FROM: William M. Napier, SRPA, SRA 0,1 Right -of -Way Agent SUBJECT: Children's Home Society - Oslo Road Property Re -acquisition of Land Parcel by County DATE: October 1, 2001 n ra DESCRIPTION AND CONDITIONS In 1991, the Board of County Commissioners deeded the subject property to the Children's Home Society of Florida (The Society), at a price of $25,000. A condition of the transaction was that within one year, the Society would build and maintain a shelter for runaway children. No shelter was ever built on the property. In 1995, the Board granted a five year extension to the Society. At that time, a modified conveyance was provided stating that, should the Society fail to build the facility within the extended time period, the County could record a resolution declaring a failure of a condition of the conveyance of the property and return the $25,000, and the property would revert to Indian River County. In July 1999, Amanda McGee, Executive Director of the Society again came before the Board and asked for permission to be able to sell the property on the open market, without restrictions. Public Works Director, Jim Davis indicated that the parcel might be needed for stormwater use in conjunction with the proposed Oslo Road improvements, and asked that the County be given first right -of -refusal on the property. The Society agreed with this, and the Board approved the request, with Administrator Chandler pointing out that the matter would have to come back before the Board, should Public Works determine the site is needed for stormwater use. OCTOBER 23, 2001 -101- At T