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Form FmHA 1942-31
<br />(1-29.79) UNITED STATES DEPARTMENT OF AGRICULTURE
<br />FARMERS HOME ADMINISTRATION
<br />ASSOCIATION WATER OR SEWER SYSTEM GRANT AGREEMENT
<br />THIS AGREEMENT dated ..-._ Ju Y ��...._...... ._.__.____------- _._._._....... ,1gig-, between THE -COUNTY OF____
<br />INDIAN RIVER - STATE OF FLORIDA
<br />a public corporation organized and operating under Chapter 10148, -Laws of Fl or i da wand Chapters
<br />125 S 159, Florida Statutes.
<br />(Authorizing Statute)
<br />herein called "Grantee," and the United States of Amegca acting through the Farmers Home Administration, Department of
<br />Agriculture, herein called ";grantor," WITNESSETH: • •
<br />WHEREAS
<br />Grantee has determined to undertake 'a project of -acquisition, construction, enlargement, or capital improvement of a
<br />(water) (sewer) system to serve the area under its jurisdiction at an estimated cost of $ 7 p 047, 548.81 - and has duly
<br />authorized the undertaking of such project. —
<br />Grantee is able to finance not more than $ 5, $?_5, 840. oo ' of the development costs through revenues, charges,
<br />taxes or assessments, or funds otherwise available to Grantee resulting in a reasonable user charge.
<br />Said sum of $ S825�840 , 00 has been committed to and by Grantee for such project development costs.
<br />Grantor has agreed to grant the Grantee a sum not to exceed $ _ 796, 900, 00 or percent of
<br />said development costs, whichever is the lesser, subject to the terms and conditions established by the Grantor. Provided,
<br />however, that the proportionate share of any grant funds actually advanced and not needed for grant purposes shall be re-
<br />turned immediately to the Grantor. The Grantor may terminate the grant in whole, or in part, at any time before the date of
<br />completion, whenever it is determined that the Grantee has failed to comply with the conditions of the grant.
<br />NOW, THEREFORE, In consideration of said grant by Grantor t6 Grantee, to be made pursuant to Section 306 (a) of
<br />the Consolidated Farm and Rural Development Act for the purpose only of defraying a part not to exceed ..M __-------- _
<br />percent of the development costs, as defined by applicable Farmers Home Administration instructions.
<br />GRANTEE AGREES THAT GRANTEE WILL:
<br />A. Cause_ said project to be constructed within the total sums available to it, including said grant, in accordance with the
<br />project plans and specifications and any modifications thereof prepared by Grantee and approved by Grantor.
<br />B. Permit periodic inspection of the construction by a representative of Grantor during construction.
<br />C. Manage, operate and maintain the system, including this project if less than the whole of said system, continuously in
<br />an efficient and economical manner.
<br />D. Make the services of said system available within its capacity to all persons in Grantee's service area without
<br />discrimination as to race, color, religion, sex, national origin, age, marital status, or physical or mental handicap (possess
<br />capacity to enter into legal contract for services) at reasonable charges, including assessments, taxes, or fees in accordance
<br />Ordinance 80 -13 -
<br />with a schedule of such charges, whether for one or more classes of service'. adopted by iMli:Z'ii 6 date June.] -,
<br />19 80, as may be modified from time to time by Grantee. The initial rate schedule must be approved by Grantor. There-
<br />after, Grantee may make such modifications to the rate system as long as the rate schedule remains reasonable and
<br />nondiscriminatory. ^ See attached Ordinance 81-62
<br />AUG 41992 �--
<br />W( 50 �Au 761
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