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w <br /> ! 3/20/03RESO(LEGAL)WGC/nhm <br /> RESOLUTION NO . 2003 - 037 <br /> A RESOLUTION OF INDIAN RIVER <br /> COUNTY, FLORIDA, APPROVING AN <br /> EXCHANGE OF 53RD STREET RIGHT=OF = <br /> WAY WITH GHA GRAND HARBOR, LTD . <br /> WHEREAS , GHA Grand Harbor, Ltd . has acquired and owns property <br /> on three sides of the eastern extension of 53rd Street right-of-way lying east of <br /> the northern terminus of Indian River Boulevard ; and <br /> WHEREAS , Grand Harbor desires to exchange County right-of-way to <br /> the east of the northern terminus of Indian River Boulevard for additional 53rd <br /> Street right-of-way lying west of the northern terminus of Indian River Boulevard ; <br /> and <br /> WHEREAS , Grand Harbor has agreed to pay additional compensation <br /> in the amount of $ 35 , 890 . 12 to Indian River County as a part of the exchange ; <br /> and <br /> WHEREAS , the terms and conditions of the proposed exchange have <br /> been noticed in the newspaper once a week for two weeks pursuant to Florida <br /> Statute 125 . 37 , <br /> NOW, THEREFORE , BE IT RESOLVED BY THE BOARD OF <br /> COUNTY COMMISSIONERS OF INDIAN RIVER COUNTY, <br /> FLORIDA, that the "Agreement between Indian River County , Florida and <br /> 1 <br />