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RESOLUTION NO. 96- 26
A REBOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF
INDIAN RIVER COUNTY, FLORIDA, AUTHORISING THE COUNTY
ADMINISTRATOR TO EXECUTE CERTAIN WATER AND SEWER IMPACT
FEE DOCUMENTS ON BEHALF OF THE BOARD.
WHEREAS, the County provides its utilities customers with financing to
pay for water and sewer impact fees and has prepared an agreement and note
which is executed by the customer and the County and then recorded; and
WHEREAS, this is an on-going, time-consuming, daily process; and
WHEREAS, occasionally the utilities customer obtains new financing or
refinances the existing first mortgage and the County is requested to execute
a subordination; and
WHEREAS, after the customer repays the utilities debt, the County
executes a satisfaction and records it on the public records; and
WHEREAS, it would be beneficial to streamline this process by having the
Board authorize the County Administrator, or his designee, to sign these
impact fee extension agreements, subordinations, and satisfactions on behalf
of the Board;
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF
INDIAN RIVER COUNTY, FLORIDA, that the Board hereby authorizes the County
Administrator, or his designee, to sign all agreements, subordinations, and
satisfactions for the extended payment of water and sewer impact fees
provided that the forme contain the signatures of the County Attorney and a
representative of the Utility Services Department.
The resolution was moved for adoption by Commissioner Eggert ,
and the motion was seconded by commissioner Bird and, upon being put
to a vote, the vote was as follows:
Chairman Fran B. Adams Aye
Vice Chairman Carolyn K. Eggert Aye
Commissioner Richard N. Bird Aye
Commissioner Kenneth R. Macht Aye
Commissioner John W. Tippin Aye
The Chairman thereupon declared the resolution duly passed and adopted
this 20 day of February, 1996.
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K. Bar n, ,Slerh '
BOARD OF COUNTY COMMISSIONERS
INDIAN RIVER COUNTY, FLORIDA
Fran B. Adams
Chairman --
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