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ON MOTION by Commissioner Adams, SECONDED BY <br />Commissioner Lowther, the Board unanimously authorized the <br />Chairman to execute the proposed Release of Lien for recording <br />in the Public Records in Indian River County, as recommended <br />in the memorandum. <br />RELEASE TO BE RECORDED IN THE <br />PUBLIC RECORDS OF INDIAN RIVER COUNTY <br />7.S. Settlement Agreement with Florida Department of <br />Transnortation -1) Fellsmere Road Sidewalk Improvements - Protect <br />No. 9916: 2) Old Winter Beach Road Sidewalk Improvements - <br />Protect No. 0002; and 3) Roseland Road Sidewalk In - <br />Protect No. 9916 <br />ON MOTION by Commissioner Adams, SECONDED BY <br />Commissioner Lowther, the Board unanimously approved the <br />settlement agreement with FDOT (Indian River County to be <br />reimbursed $517,191.49) and authorized the Chairman to <br />execute same, as recommended in the memorandum. <br />August 5, 2003 <br />SETTLEMENT AGREEMENT WILL BE ON FILE <br />IN THE OFFICE OF THE CLERK TO THE BOARD <br />WHEN EXECUTED AND RECEIVED <br />11 <br />J.. <br />