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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. 405606-3-43-02 AND 405606-3-45-02 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 A Y E <br /> Joseph H. Earman AYE <br /> Joseph E.Flescher AYE <br /> 1 <br />