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ON MOTION by Commissioner Tippin, <br />SECONDED by Commissioner Adams, the Board <br />unanimously approved the fixed interest rate of <br />4.75% which is equivalent to the prime rate <br />published in the Wall Street Journal on December <br />131 2001, for calendar year 2002, as recommended <br />by staff. <br />RESOLUTIONS 2 <br />7711 STREET: F. <br />ARD <br />ESTATES: <br />4259 126.127,128,129,130AND 1 <br />CL 0WNFn LANn.0 - (R Try <br />- 58TH A VENI/F,: <br />VERO LAKE LSTATES: <br />Y - FA RKS - <br />.58THA VENUF: <br />ESTA <br />PARTNERS - 5TH STREET SW) <br />The Board reviewed a Memorandum of December 11, 2001: <br />Paul G Bangel, County Attorney* <br />William G- Collins II, Deputy Cotmty Attorney* <br />bfarien E. Fell, assistant County Attorney <br />December 11, 2001 <br />:NS - VERO <br />1 AND SUNT <br />*Board Certified, Citl County and Local Government Law <br />MEMORANDUM <br />To: Board of Commissioners <br />Through: Paul G. Bangel, County Attorney Qj <br />Q� <br />From: Lea R. Keller, CLA, Legal Assistant <br />Re: Recently Acquired Property - Tax Cancellation <br />Indian River County recently acquired some real property and, pursuant to Section <br />196.28, Florida Statutes, the Board of County Commissioners may cancel and <br />discharge any liens for taxes owed on the property as long as it was acquired for <br />public purpose. Such cancellation is accomplished by resolution of the Board, with <br />a certified copy being forwarded to the Tax Collector (along with copies sent to the <br />Property Appraiser and Fixed Assets). <br />DECEMBER 18, 2001 <br />-32- <br />