Okay, here we go again!!

I installed the validate mod and after I did, this is what I got:
CGI ERROR
==========================================
Error Message : Error loading required libraries.
Check that they exist, permissions are set correctly and that they compile.
Reason: syntax error at ./html.pl line 135, near "# $url{'Email'} =~ s/<"
Script Location : roster.cgi
Perl Version : 5.00404
Setup File : default.cfg
Here's the code I have:
sub html_record {
# --------------------------------------------------------
# How a record will be displayed. This is used primarily in
# returning search results and how it is formatted. The record to
# be displayed will be in the %rec hash.
my (%rec) = @_; # Load any defaults to put in the VALUE field.
($db_auto_generate and print &build_html_record(%rec) and return);
my $font_color = 'Font face="Arial" Size=2 Color=Navy';
my $font = 'Font face="Arial" Size=2';
$url{'Email'} = $rec{'Email'};
$url{'Email'} =~ s/<\/?B>//g;
print qq|
<TABLE WIDTH="525" CELLPADDING=0 CELLSPACING=0 BORDER=1 BGCOLOR="#FFFFCC">
<TR><TD ALIGN="Right" VALIGN="TOP" WIDTH="20%"><$font_color>First Name:</FONT></TD>
-------------------------------------------------
JPD, Elliot, or anyone who has better eyes than I - any idea as to why I'm getting this error?
Thanks,
Michael DeLong