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RESOLUTION NO. 2026- 003 <br />A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS <br />OF INDIAN RIVER COUNTY, FLORIDA, AUTHORIZING THE <br />CHAIRMAN TO EXECUTE LOCALLY FUNDED AGREEMENTS <br />(LFA) FM NOS. 405606-343-02 AND 405606-345-02 AND A THREE - <br />PARTY ESCROW AGREEMENT FOR THE CR 510 (85TH STREET <br />TO 58TH AVENUE) PROJECT FOR REMEDIATION SERVICES <br />WITHIN THE PROJECT RIGHT-OF-WAY <br />WHEREAS, Indian River County ("County") is committed to financially participating in <br />remediation efforts associated with the Florida Department of Transportation ("FDOT") <br />CR 510 project; and <br />WHEREAS, on April 22, 2025, the Indian River County Board of County Commissioners <br />approved the transmittal of a confirmation letter to FDOT expressing its support of the <br />FDOT CR 510 project; and <br />WHEREAS, the State of Florida, Department of Transportation, has requested that Indian <br />River County execute and deliver Locally Funded Agreements FM Nos. 405606-3-43-02 <br />and 405606-3-45-02 for right-of-way remediation services in the total amount of Four <br />Hundred Seventy -One Thousand Six Hundred Dollars ($471,600.00), together with a <br />Three -Party Escrow Agreement; <br />NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY <br />COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA, that the Chairman of <br />the Board is hereby authorized to execute and deliver to the State of Florida, Department of <br />Transportation, Locally Funded Agreements FM Nos. 405606-3-43-02 and 405606-3-45- <br />02 and the associated Three -Party Escrow Agreement for the CR 510 (85th Street to 58th <br />Avenue) project. <br />The resolution was moved for adoption by Commissioner Flescher , and the <br />motion was seconded by Commissioner Adams , and, upon being put to a vote, the <br />vote was as follows: <br />Deryl Loar, Chairman AYE <br />Laura Moss, Vice Chairman AYE <br />Susan Adams AYE <br />Joseph H. Earman AYE <br />Joseph E. Flescher AYE <br />