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STATE OF FLORIDA DEPARTMENT OF TRANSPORTATION �__ <br />PUBLIC TRANSPORTATION �% 0 <br />JOINT PARTICIPATION AGREEMENT ` i <br />ITEM -SEGMENT -PHASE -SEQUENCE Fund: 010 Function: 690 SAMAS . <br />e�e�ta_�.Ra-et Federal No: NIS SAMAS Obj.: 790004 <br />Contract No: Catalog of Federal Domestic Assistance Org. ,Code: 55042010429 <br />__.. .. _ __ __ .1 LALMA97IM7 <br />THIS AGREEMENT, made and entered into this day of <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 INDIAN RIVER COUNT' ROARD OF MUNTY COMMISSIONERS <br />hereinafter referred to as the AGENCY. <br />WITNESETH: <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 under <br />Section 341 , Florida Statutes, to enter into this Agreement; <br />NOW, THEREFORE, in consideration of the mutual covenants, promises and representations herein, the parties agree <br />as follows: <br />1.00 Purpose of Agreement: The purpose of this Agreement is to provide Transit Block Grant funding to the Indian <br />River County Board of County Commissioners to offset the operating expenses of the public transportation system in Indian <br />River County, <br />and as further described in Exhibit(s) A R & C attached hereto and by this reference made a part <br />hereof, hereinatier referred to as the project, and to provide Departmental financial assistance to the Agency and state the terms <br />and conditions upon which such assistance will be provided and the understandings as to the manner in which the project will <br />be undertaken and completed. <br />