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Contract#28730 <br /> COST-SHARE AGR4EMENT <br /> BETWEEN THE <br /> ST.JOHNS RIVER WATER MANAGEMENT DISTRICT <br /> AND INDIAN RIVER COUNTY <br /> THIS AGREEMENT("Agreement")is entered into by and between the GOVERNING BOARD of the <br /> ST. JOHNS RIVER WATER MANAGEMENT DISTRICT(the"District"),whose address is 4049 Reid Street, Palatka, <br /> Florida 32177,and INDIAN RIVER COUNTY("Recipient"), 1801 2711 Street, Building A,Vero Beach, Florida <br /> 32960-3388.All references to the parties hereto include the parties,their officers,employees,agents, <br /> successors,and assigns. <br /> RECITALS <br /> The waters of the state of Florida are among its basic resources, and it has been declared to <br /> be the policy of the legislature to promote the conservation,development,and proper <br /> utilization of surface and ground water. Pursuant to chapter 373, Fla.Stat.,the District is <br /> responsible for the management of the water resources within its geographical area. <br /> The District 2016-2017 cost-share funding program is designed to fund the construction of local <br /> stormwater management and alternative water supply projects as well as conservation <br /> implementation projects. Its goals are to contribute to: 1)reduction in water demand through <br /> indoor and outdoor conservation measures; 2)development of alternative or non-traditional water <br /> supply sources;such as reclaimed water,surface water,or seawater;3)water quality <br /> improvements(for example, nutrient-loading reduction in springsheds or other surface-water <br /> systems); and 4)water resource development opportunities(for instance, increasing available <br /> source water through expansion or development of surface-water storage). The current cost-share <br /> funding program also recognizes the importance of providing funding opportunities for <br /> construction of flood protection and natural-systems restoration projects,which are important <br /> components of the District's core mission focus. <br /> The District has determined that providing cost-share funding to Recipient for the purposes <br /> provided for herein will benefit the water resources and one or more of the District's <br /> missions and initiatives. <br /> At its June 2016 meeting,the Governing Board selected Recipient's proposal for cost-share <br /> funding. The parties have agreed to jointly fund the following project in accordance with <br /> the funding formula further described in the Statement of Work,Attachment A(hereafter <br /> the"Project"): <br /> Osprey Acres Stormwater Park Project <br /> In consideration of the above recitals,and the funding assistance described below,Recipient agrees <br /> to perform and complete the activities provided for in the Statement of Work,Attachment A. Recipient shall <br /> complete the Project in conformity with the contract documents and all attachments and other items <br /> incorporated by reference herein,This Agreement consists of all of the following documents: (1)Agreement, <br /> (2)Attachment A-Statement of Work;and(3)all other attachments,if any.The parties hereby agree to the <br /> following terms and conditions. <br /> Page 1 of 14 <br />