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land to the County. Ms. Blackwood will pursue a charitable contribution income tax <br />deduction for the value of those two acres of land. <br />FINANCIAL IMPACT: There is no financial impact to Orange County. The seller (Ms. <br />Blackwood) will pay any and all costs and expenses associated with these actions, including <br />any incurred by the County in its cooperation. <br />RECOMMENDATION(S): The Manager recommends that the Board: <br />authorize County cooperation in the seller's pursuit of 1031 tax free exchange and the <br />execution, by ERCD staff, of related documents necessary to accomplish the 1031 <br />exchange; and <br />authorize the County attorney to acknowledge that Orange County received a gift of <br />two acres of land from Julia Blackwood when it purchased the adjoining 67 acres of <br />land from her on December 30, 2004.