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4 <br /> h <br /> Indian River County, Town of Indian Rarer Shores and City of Vero Beach <br /> Lost Tree Island <br /> FCT Project * 01454-FF1 <br /> Date: <br /> Page 2 <br /> INDIAN RIVER COUNTY <br /> County Prepaid Costs <br /> Land Purchase Price $ 15, 1050000.00 <br /> Survey 65,000.00 <br /> Title Insurance 36,935.00 <br /> Appraisals 359500.00 <br /> Environmental Audit 41068.00 <br /> Real Estate Consulting Fees 75,000.00 <br /> Total Prepaid Costs $ 15,321 ,503.00 <br /> County Amount Due <br /> Share of Total Project Costs $ 10,0290750.76 <br /> Less Prepaids 151321 ,503.00 <br /> Total Amount Due to County $ 5,291 ,752 . 24 <br /> County Additional Costs <br /> Record Grant Award Agreement $ 64.50 (3) <br /> Total Additional Costs 64.50 <br /> Notes : <br /> ( 1 ) The Property was purchased on February 5, 2003, at a purchase price of $ 15, 105,000.00. Pursuant to a memorandum dated June <br /> from Caroline Sutton to C. Erica White, the Maximum Approved Purchase Price is $6,840,000 .00. The FCT Reimbursement is ba <br /> Maximum Approved Purchase Price as it is less than the Purchase Price. <br /> (2) Pursuant to the terms of the Conceptual Approval Agreement, as amended, the amount of the grant shall not exceed the lesser of <br /> $5,500 ,000 .00 or 75% of the total project cost. <br /> (3) Payable to Clerk of Court, Indian River County, at closing. <br /> INDIAN RIVE OUNTY <br /> aDOMMAUNITIUST <br /> \By:Its: Its <br /> Date: August 5 , 2003 Date: 2 (o d 3 <br /> TOWN OF IND AN RIVER SHORES <br /> By: ~2 1400eel <br /> Its: <br /> Dater <br /> CITY OF VERO BEACH n' _ <br /> By: <br /> Its: fZ <br /> Date: <br />