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Section 88060-1509 Rev. 7-15-69 RIC11TS OF IIAY CONTRACT PROVIDING FOR U::i: OF SECONDARY GASOLINE TAX FUNDS OR STATE OF FLORIDA DEPARTMENT OF GENERAL SERVICES BOND FUNDS THIS AGREEMENT made and entered into this 8TH day of PARCH A. D. 19 72, by and between the STAVE OF FLORIDA DEPARTMENT OF TRANSPORTATION, an agency of the State of Florida, hereinafter called the "Department", and the COUNTY OF INDIAN RIVER . a Political Subdivision of the State of Florida, hereinafter called the "County", witnesseth, that WHEREAS, the Legislature of Florida has designated and established State Road No. 60 , and the Department has located and surveyed a part of said Road designated as Section 88060 , and has prepared a Map of Survey and Location covering,that portion of said Section extending from 21st Avenue Easterly in Vero Beach to Indian River Boulevard in said County, as shown on a map, duly certified as provided by law, on file in the office of the Department in Tallahassee, Florida, and on file in the Office of the Clerk of the Circuit Court of said County, and in the judgment of the Department said location and survey have been found to be practicable, necessary and to the best interest of the State, and WHEREAS, the Department has requested and authorized said County to secure by donation, purchase, or condemnation, the lands and property necessary for such right of way, borrow pits and drainage easements for said portion of said Section, and such as may hereafter be found necessary by the Department for said portion of said Section, and WHEREAS, the County is financially unable at this time to provide the necessary funds from local sources to acquire the right of way, borrow pits and drainage easements, and WHEREAS, the Board of County Commissioners of said County, at a meeting duly called and held on the 8THday of PARCH A.D. 19 72 , adopted a resolution (copy being hereto attached as a part hereof, marked "Exhibit A") signifying its agreement to comply with the Department's said request, requesting the Department to pay for acquir- ing said lands forrights of way, borrow pits and drainage easements from funds which have been or may be remitted to the Department under provisions of Article X11, Section 9(4), of the Florida Constitution, and Section 335.041, Florida Statutes, as amended, for expenditure solely within the County, or from proceeds of the STATE OF FLORIDA DEPAR`FrIENT OF GL';:; P.:.I. ^T]"I"J"CB:, bon `.^ .<'.. . for Lill.: pU1'jiV3c' vi 7 - Boot 15 t -A1 495