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0311 <br /> This document prepared by : <br /> C. Erica White <br /> Florida Communities Trust <br /> Department of Community Affairs <br /> 2555 Shumard Oak Blvd . IN THE RECORDS OF <br /> JEFFREY K. BARYON <br /> Tallahassee, FL 32399 CLERK CIRCUIT COURT <br /> INDIAN RIVER CO. , FLA. <br /> f� / W� Urn <br /> COUNTY ATTORNEY ' S OFFICE <br /> � - 1840 25th STREET,_ <br /> VERO BEACH. FLORIDA -. 32961Y <br /> FLORIDA COMMUNITIES TRUST <br /> FF1 AWARD #01454-17FI <br /> et, FCT Contract# �f—p- <br /> \ <br /> ` GRANT AWARD AGREEM NT <br /> THIS AGREEMENT is entered into thisR day of 2003 , by and between the v <br /> FLORIDA COMMUNITIES TRUST (FCT), a nonregulatory gency w>Ithin the State of Florida � <br /> Department of Community Affairs, INDIAN RIVER COUNTY, the TOWN OF INDIAN RIVER r <br /> SHORES, and the CITY OF VERO BEACH, local governments of the State of Florida <br /> ("Recipient"), in order to impose terms, conditions, and restrictions on the use of the proceeds of Cn <br /> certain bonds, hereinafter described, and the lands acquired with such proceeds and as described in cn <br /> Exhibit "A" attached hereto and made a part hereof ("Project Site"), as shall be necessary to ensure ry <br /> compliance with applicable Florida Law and federal income tax law and to otherwise implement <br /> provisions of Sections 259 . 105 , 259 . 105 1 , and Chapter 380, Florida Statutes . <br /> WHEREAS , Part III Chapter 380, Florida Statutes, the Florida Communities Trust Act, <br /> creates a nonregulatory agency within the Department of Community Affairs, which will assist local <br /> governments in bringing into compliance and implementing the conservation, recreation and open <br /> space, and coastal elements of their comprehensive plans or in conserving natural resources and <br /> resolving land use conflicts by providing financial assistance to local governments and nonprofit <br /> environmental organizations to carry out projects and activities authorized by the Florida <br /> Communities Trust Act; C3 <br /> WHEREAS , Section 259 . 105 (3 )(c), F . S . , of the Florida Forever Act provides for the p� <br /> distribution of twenty- two percent (22%) less certain reductions of the net Florida Forever Revenue c� <br /> Bond proceeds to the Department to provide land acquisition grants to local governments and <br /> nonprofit environmental organizations through the FCT for acquisition of community-based projects, <br /> urban open spaces, natural resource conservation areas, parks, greenways and outdoor recreation 00 <br /> areas to implement local comprehensive plans•, w <br /> GAA\01454-FF 1 <br /> 6/ 18/03 <br /> J <br /> el i <br /> i <br />