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1998-120
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1998-120
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3/3/2016 9:40:51 PM
Creation date
1/8/2016 2:51:45 PM
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Resolutions
Resolution Number
1998-120
Approved Date
10/27/1998
Resolution Type
Authorizing participation with Florida Dept. of Transportation
Subject
Certain road improvements
Area
CR 510 east of US#1
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behalf of the DOT upon receipt of this Memorandum of Agreement. Such account will be <br /> opened and shall be deemed an asset of DOT. <br /> 2 . Other deposits will be made by the Participant as necessary to cover the cost of additional <br /> work prior to the execution of any Supplemental Agreements, <br /> 3. All deposits shall be clearly identified as: FDOT FM Number 230875/1/52/61/01, made <br /> payable to;the Department of Insurance,Revenue Processing; and, mailed to the DOT Office <br /> of Comptroller for appropriate processing at the following address: <br /> Florida Department of Transportation <br /> Office of Comptroller <br /> 3717 Apalachee Parkway, Suite E <br /> Mail Station 24 <br /> Tallahassee, Florida 32311 <br /> AWN:JPA Coordinator <br /> A copy of this Agreement shall accompany the deposits. When the check is mailed to <br /> Tallahassee, the Participant should mail a copy of the check to the District FDOT office. <br /> 4.The DOT's Comptroller and/or his designees shall be the sole signatories on the escrow account <br /> with Department of Insurance and shall have sole authority to authorize withdrawals from said <br /> account. <br /> S. Unless instructed otherwise by the parties hereto, all interest accumulated in the escrow <br /> account shall remain in the account for the purposes of the project as defined in the JPA. <br /> 6. The Treasurer agrees to provide written confirmation of receipt of funds to the DOT. <br /> 7. The Treasurer's Office further agrees to provide periodic reports to the DOT. <br /> 2 <br />
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