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ATTORNEY ' S MATTERS <br /> Office of <br /> INDIAN RIVER COUNTN " <br /> ATTORNEY <br /> William G . Collins 11 , County Attorney <br /> Marian E. Fell, Assistant County Attorney <br /> William K. DeBraal, Assistant County Attorney <br /> MEMORANDUM <br /> TO : The Board of County Commissioners <br /> FROM : William K . DeBraal , Assistant County Attorney f <br /> DATE : November 1 , 2006 <br /> SUBJECT : Property Exchange with Windsor Properties <br /> Golden Sands Park <br /> Background . At its August 2 , 2005 meeting , the Board of County Commissioners <br /> approved a property exchange with Windsor Properties . The agreement calls for the <br /> County to convey the northern most 9 . 3 ± acres of Golden Sands Park to Windsor in <br /> exchange for a 9 . 3 ± acre parcel of property located immediately south of Golden Sands <br /> Park . In addition , Windsor will design , permit , and construct a new Golden Sands Park <br /> for Indian River County with facilities and improvements comparable to or better than <br /> the Park Facilities as they existed prior to the storms of September 2004 . The <br /> agreement also calls for Windsor to make an unrestricted cash donation to Indian River <br /> County of $ 1 , 000 , 000 . 00 . At its August 11 , 2006 meeting , the Board agreed to <br /> earmark Windsor' s $ 1 , 000 , 000 donation to benefit Indian River County parks and <br /> recreation . <br /> HistorLy . Golden Sands Park is a beach front park purchased in 1983 . The park was <br /> constructed using both County funds and funds from the Florida Recreation <br /> Development Assistance Program ( FRDAP ) . In the late 1990 ' s , the County acquired <br /> additional property ( 1 . 4 acres ) on the northern border of Golden Sands Park . This <br /> property , known as the Spallone Tract , was conveyed to the Board of Trustees of the <br /> Internal Improvement Trust Fund (Trustees) with the County retaining a right of re - entry <br /> on to the property . The property was conveyed to the Trustees so the County could <br /> qualify for a 50 - 50 cost share program , enabling the County to recoup 50 % of the <br /> purchase price of the land . <br /> The hurricanes of 2004 severely damaged the restrooms and other improvements made <br /> to Golden Sands Park and a great deal of repair and replacement needs to be done to <br /> the park . ved Dale <br /> Indian Fiver Cu AW <br /> Admin. <br /> _ � b <br /> APPROVED FORb` <br /> B . C . C. MEETING_ SN REf% G 1 oe � + • C <br /> .+ri (.t5►f' <br /> R1sK M9r , <br /> WILINTY ATTC)RMFY <br />