<<<Migrating from Mavericks>>>

Installing a New Version of Yosemite

First insert the formatted USB drive into a spare USB port on your OSX Server to make sure that it is visible to the boot process, then restart the server.

Note that I had to use a cable connected keyboard rather than my Bluetooth keyboard at this point

DiskUtility

WARNING: Make sure that you have backed up all important files before completing the next step

Click on Macintosh HD from the left hand-side pane

DiskUtility

When the erasing process is complete close the window, the red butoon on the top left, to return to the first screen where you selected Disk Utility

Now click on Install OS X and then hit Continue

DiskUtility

Agree to the License agreement

DiskUtility

Choose the Macintosh HD partition you erased earlier and then click Install

DiskUtility

Then sit back and wait

And that is it, a very straightfoward install.