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t <br />Financial Project No.: <br />40469218401 <br />(item -segment -phase -sequence) <br />Contract No.: <br />Catalog of Federal Domestic Assistan <br />STATE OF FLORIDA DEPARTMENT OF TRANSPORTATION <br />PUBLIC TRANSPORTATION <br />JOINT PARTICIPATION AGREEMENT <br />Fund: DDR <br />Function: 680 <br />Federal No.: N/A <br />ce Number: N/A Catalog of State Fi <br />725-030-06 <br />PUBLIC TRANSPORTATION <br />06/03 <br />Page 1 of 12 <br />FLAIR Approp.: 088774 <br />FLAIR Obj.: 750010 <br />Org. Code: 55042010429 <br />Vendor No.: VF -596000674007 <br />nancial Assistance Number: 55010 <br />THIS AGREEMENT, made and entered into this day of <br />1 <br />by and between the STATE OF FLORIDA DEPARTMENT OF TRANSPORTATION, an agency of the State of Florida, <br />hereinafter referred to as the Department, and <br />1840 - 25th Street, Vero Beach, FL 32960 <br />INDIAN RIVER COUNTY BOARD OF COUNTY COMMISSIONERS <br />hereinafter referred to as Agency. <br />WITNESSETH: <br />WHEREAS, the Agency has the authority to enter into said Agreement and to undertake the project hereinafter <br />described, and the Department has been granted the authority to function adequately in all areas of appropriate <br />jurisdiction including the implementation of an integrated and balanced transportation system and is authorized <br />under 341 <br />1 <br />Florida Statutes, to enter into this Agreement <br />NOW, THEREFORE, in consideration of the mutual covenants, promises and representations herein, the parties <br />agree as follows: <br />1.00 Purpose of Agreement: The purpose of this Agreement is <br />to provide Transit Block Grant funding assistance to the Indian River County Board of County <br />Commissioners to offset the operating expenses of the public transportation system in Indian River <br />County, <br />and as further described in Exhibit(s) A, B, & C attached hereto and by this reference made a part <br />hereof hereinafter referred to as the project, and to provide Departmental financial assistance to the Agency and <br />state the terms and conditions upon which such assistance will be provided and the understandings as to the <br />manner in which the project will be undertaken and completed. <br />• <br />• <br />