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7. A. The DEPARTMENT's financial obligation shall not exceed the sum of $676,667 for this PROJECT or up to 90.91 percent of the non-federal PROJECT cost, if applicable, whichever is less. The LOCAL SPONSOR agrees that any costs which exceed the estimated PROJECT costs shall be the responsibility of the LOCAL SPONSOR. Any modifications to the estimated TOTAL PROJECT COSTS shall be provided through formal amendment to this Agreement. B. The LOCAL SPONSOR shall provide the local match required by Section 3 of Chapter 2004- 475, Laws of Florida, unless such matching requirement is waived or reduced by the Executive Office of the Governor pursuant to the provisions of Chapter 2004-475, Laws of Florida. The LOCAL SPONSOR shall document to the DEPARTMENT any matching funds waiver or reduction upon receipt from the Executive Office of the Governor, unless such waiver has been obtained through the DEPARTMENT. C. The DEPARTMENT shall authorize payments in the amount of 90.91% of total eligible project costs, subject to the funding limits established herein, on a per invoice basis. If the LOCAL SPONSOR's required match percentage (amount) is reduced or waived in its entirety, the payment percentage amount for all eligible costs shall be adjusted accordingly. 16. The LOCAL SPONSOR's Project Manager for all matters is Jonathan Gorham, Phone: 772/567-8000. The DEPARTMENT's Project Manager for all technical matters is Wagner Yajure, Phone: 850/921-7837 and the DEPARTMENT's Grant Program Administrator for all administrative matters is Dena VanLandingham, Phone: 850/922-7711 or their successor(s). All matters shall be directed to the appropriate persons for action or disposition. 18. Any and all notices shall be delivered to the parties at the following addresses: ri LOCAL SPONSOR Jonathan Gorham Indian River County 4375 43rd Avenue, Unit 102, Vero Beach, Florida 32967 (772)567-8000 Gorham@ircgov.com DEPARTMENT Dena VanLandingham, Grant Program Administrator Department of Environmental Protection Bureau of Beaches and Coastal Systems 3900 Commonwealth Blvd., MS 300 Tallahassee, Florida 32399-3000 (850)922-7711 Dena.VanLandingham@dep.state.fl.us All references to Attachment A. respectively, are hereby deleted and replaced with references to Attachment A-1. Attachment A is hereby deleted in their entirety. Attachment A-1 as attached hereto is hereby added to the Agreement. Exhibit 1 to Attachment E is hereby deleted in its entirety and replaced with Exhibit IA, attached hereto and made a part hereof. REMAINDER OF PAGE INTENTIONALLY LEFT BLANK DEP Agreement No. 07IR1, Amendment No. 1, Page 2 of 3