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k <br /> Vero Beach <br /> V <br /> City Town of Indian River Shores and Ciy oer <br /> Local Government Name: Indian River County, <br /> Project Name: Lost Tree Island <br /> FCT Project M 01454-FF1 <br /> Date: <br /> GRANT AWARD CALCULATION <br /> TOTAL PROJECT COSTS <br /> Land Purchase Price <br /> Lost Tree Parcel 15, 105,000.00 (1 ) <br /> Total Land Purchase Price $ 15, 105,000.00 <br /> Acquisition Expenses <br /> Survey $ 65,000.00 <br /> Appraisals 359500.00 <br /> Title Insurance 363935.00 <br /> Appraisal Review 2,500.00 <br /> Environmental Audit 4,068.00 <br /> Real Estate Consulting Fees 75,000.00 <br /> Total Acquisition Expenses 219,003.00 <br /> $ 15,3241003.00 <br /> Total Project Costs <br /> COMPUTATION OF GRANT AWARD AND LOCAL MATCH AMOUNT <br /> FCT Award Computation <br /> Share of Purchase Price $ 51130 ,000.00 <br /> Share of Acquisition Expenses 164,252.25 <br /> Total Share of Project Costs $ 5,294,252.24 (2) <br /> Indian River County <br /> Share of Purchase Price $ 90975,000 .00 <br /> Share of Acquisition Expenses 54,750.75 <br /> Total Share of Project Costs 10 ,029 ,750 .76 <br /> $ 15,324,003.00 <br /> Total Project Costs <br /> COMPUTATION OF PREPAIDSo REIMBURSEMENTS AND ADDITIONAL COSTS <br /> FLORIDA COMMUNITIES TRUST <br /> FCT Prepaid Project Costs <br /> Appraisal Review $ 2 ,500.00 <br /> Total Prepaid Costs 21500 .00 <br /> FCT Amount Due at Closing $ 5,294,252.24 <br /> Share of Total Project Costs <br /> Less Total Prepaid Costs 2'500'00 <br /> Total Amount Due From FCT $ 5,291 ,752.24 <br />