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1:J GI IT.. Ur 14AY <br />VROVID31M. FOR USI -OP SECONIDARY GA!;01JtJL TAX FUEDS <br />011 <br />STNIT,' OF FLOIc111A DEVA16-111:14T 01- GLURPAL Sl-,IRVICES BOND FW4,DS <br />THIS AGREEMLNT wade and entered into this 19th day of April <br />A. D. 1972 , by and between. the STATE OF FLORIDA DEPARTMENT Or <br />TRANSPORTATION, an agency of the State of Florida, hereinafter <br />called the "Department", and the COUNTY OF INDIAN RIVER a <br />Political Subdivision of the State of Florida, hereinafter called <br />the "County", witnesseth, that <br />WHEREAS, the Legislature of Florida has designated and established <br />un -numbered <br />State Road XXK/ and the Department has located and surveyed <br />a part of said Road designated as Section 88501 and has prepared <br />.a Map of Survey and Location covering that portion of said Section <br />extending from a point in Sectio ' n 30, Township 33 South, Range 40 East <br />Northerly along Indian River Boulevard to a point in Section 34, Town- <br />ship 31 South, Range 39 East <br />in said County, as shown on a map, duly certified as provided by law, <br />• on file in the office of the Departm6nt in Tallahassee, Florida, and <br />on file in the office of the Clerk of the Circuit Court of said County, <br />and in the judgment of the Department said location and survey have <br />been found to be practicable, necessary and to the best interest of <br />the State, and <br />WHEREAS, the . Department has requested and authorized said County <br />to secure by donation, purchase, or condemnation, the lands and property <br />necessary for such right of way,* borrow pits and drainage easements <br />for said portion of said Section, and such as may hereafter be found* <br />necessary by the Departmpnt for said. portion of said Section, and <br />WHEREAS, the County is financially unable at this time to provide <br />the necessary funds from local sources to acquire the right of way, <br />borrow pits and drainage easements, and <br />WHEREAS, the Board of County Commissioners of said County, at a <br />meeting duly called and held on the 19th day of April ,A.D. 1972 <br />adopted a resolution (copy being hereto attached as a part -hereof, <br />marked "Exhibit A") signifying its agreement to comply with the <br />Department's said request, requesting the Department to pay for acquir <br />1D9 said lands for rights of way, borrow pits and drainage easements <br />from funds which have been'or may be remitted to the Department under <br />provisions of Article XII, Section. 9(4), of the Florida Constitution, <br />and Section 335.041, Florida Statutes, as amended, for expenditure <br />solely within the County, or from proceeds of the STATE OF FLORIDA <br />DEPANTPIENT OF GENERAL 5E11,VIC]"s bonds isss.ucd-for the purpose of <br />APR 9 19M <br />wK <br />15 <br />PAGE266 <br />