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VATa OF 17ARIDA OVAPoam 7043M <br /> Cf TRAIq�OATAi10N I <br /> i PUBLIC TRANSPORTATION 7 K)SUCTRAWAMN <br /> JOINT PARTICIPATION AGREEMENT °OC'OWN <br /> srr�.f u <br /> WPI No: 4815799 Fund: 010 SAMAS Approp: ORM4 <br /> Function: 680 SAMAS Obj.: 790004 <br /> FM No: 235253.1-84-01 Federal No: Org. Code: 55042010429 <br /> Contract No: Vendor No.: VF.S96000674007 <br /> THIS AGREEMENT,nude and entered into this day of ,19 , <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 COUNTY RO Rn OF rQUNTY 0M 4lcelONERc <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 /> Chapter 341 ASI ,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 Agroamt: 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,Florida, <br /> and as further described in Exhlbit(s) A,B,ant C attached hereto and by this reference made a pan <br /> hereof,hereinafter referred to as the project,and q provide Depmwnrrl 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 />