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2003-302
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2003-302
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Last modified
11/29/2016 1:43:45 PM
Creation date
9/30/2015 7:03:27 PM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
11/04/2003
Control Number
2003-302
Agenda Item Number
part of record
Entity Name
ORCA South Link LAAC
Stella A. Arendas
Subject
Site Option Agreement See Resolution 96-15
Archived Roll/Disk#
3208
Supplemental fields
SmeadsoftID
3494
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MOTION WAS MADE by Commissioner Macht , SECONDED BY <br /> Commissioner Tippin , to adopt Resolution No . 96 - 15 <br /> authorizing the Chairman of the Board of County <br /> Commissioners to execute option agreements or <br /> purchase agreements relating to land acquisition <br /> where the cost of the option fee or deposit does not <br /> exceed $ 100 and where final acquisition is subject <br /> to approval by the Board of County Commissioners , as <br /> recommended in the memorandum . <br /> In response to Commissioner Eggert , County Attorney Vitunac <br /> gave assurances that there were no negatives to this procedure and <br /> it would actually be better because without it an option would have <br /> to be signed by the full Board and that would look like a sale . <br /> Commissioner Macht commented that a signature on an option <br /> only freezes the price . <br /> Commissioner Eggert understood the effect of the resolution , <br /> but was concerned that it might be misunderstood because of the <br /> wording of the headline as compared to the wording in the body of <br /> the document . <br /> THE CHAIRMAN CALLED THE QUESTION and the motion <br /> carried unanimously . <br /> I <br /> 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 LAID 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 /> 29 <br /> January 23 , 1996 <br />
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