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11 . The Recipient ' s local match , if any is required , shall be delivered either in the <br /> form of eligible project costs prepaid to vendors by the Recipient ; purchase price paid to Seller : <br /> or eligible documented donation by Seller of land value . The funds expended by the Recipient <br /> for eligible project costs incurred by the Recipient conducting acquisition activities will be <br /> recognized as part of the local match on the grant reconciliation statement prepared pursuant to <br /> paragraph 10 above . <br /> In the event that preacquired or donated land value is the source of local match , the value <br /> attributed to the local match , shall be determined after an appraisal rcport( s ) that complies with <br /> the procedures and requirements set forth in Rule 9K - 8 . 007 , F . A . C . is reviewed and approved by <br /> FCT prior to FCT funds being delivered for the project . The Recipient shall provide the <br /> appraisal ( s ) for the parcel ( s ) , as required by Rule 9K - 8 . 007 , F . A . C . , ( 1 ) — (4 ), for review by a <br /> date not to exceed 90 days after execution of this Agreement . ECT will review the appraisals <br /> and , upon approval , will determine the Maximum Approved Purchase Price as provided in Rule <br /> 9K4 . 007( 5 ) and ( 6 ) , F . A . C . for FCT reimbursement . <br /> 12 . The FCT Governing Board selected applications for funding on October 2 - 3 , <br /> 2003 , at which time the Project Site became part of a list of lands that were approved for <br /> consideration for land acquisition . If action initiated by the Recipient that is the local <br /> government having jurisdiction over the Project Site, subsequent to October 2 - 3 , 2003 , results <br /> in a governmentally-derived higher value due to an enhanced highest and best use , the FCT <br /> acquisition activities will be terminated unless the Seller agrees that the appraisal will be based <br /> on the highest and best use of the Project Site on or before October 2 - 3 , 2003 . <br /> 13 . Recipient hereby notifies the FCT that the following administrator, officer, <br /> or employee is the authorized key contact, or project manager, on behalf of the Recipient <br /> for purposes of coordinating project activities for the duration of the project : <br /> Name , ROLAMD M - Pe BLD 15 AIGP <br /> Title : CHILE AP ENVIRDWASUTA _ PLAmpii "rq <br /> INDIAW FL% VER CoUk" ADMiNt ` FraAT10FJ 6I. D , <br /> Address : 1tgD 25 IN SrWIET Y690 BEArJ.} tet. 32q (et7 <br /> Phone : (1472) 6&17 8000 ExT • 125S. Fax : llo 478 - 180& <br /> Email t-de 61151SIR lrr� gove czm <br /> 03-084- FF3 <br /> November 18, 2003 <br /> Reimbursement Acquisition <br /> -5 - <br />