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2017-181
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2017-181
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Last modified
5/16/2018 4:29:55 PM
Creation date
10/25/2017 11:47:36 AM
Metadata
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Template:
Official Documents
Official Document Type
Grant
Approved Date
10/24/2017
Control Number
2017-181
Agenda Item Number
12.A.2.
Entity Name
Florida Communities Trust
Subject
Grant Agreement for cost-share reimbursement of County purchase
Area
Sebastian Harbor Preserve Conservation Area
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A TRUE COPY <br />CERTIFICATION ON LAST PAGE <br />J -R, SMITH, CLERK <br />than one original document, the Recipient shall photocopy the number of additional copies needed <br />and then execute each as an original document. Upon receipt of the signed Agreements, FCT shall <br />execute the Agreements, retain one original copy and return all other copies that have been <br />executed to the Recipient. <br />2. The Recipient and/or its representatives shall know and adhere to all Project <br />deadlines and devise a method of monitoring the Project. Deadlines stated in this Agreement, as <br />well as deadlines associated with any FCT activity relating to the Project, shall be strictly enforced. <br />Recipient's failure to adhere to or timely monitor the Project deadlines may result in FCT's <br />allocation of time and/or resources to other grant recipients. Recipient's failure to comply <br />with Project deadlines is cause for termination of this Agreement by FCT. <br />3. The Recipient shall submit the documentation required by this Agreement to FCT <br />as soon as possible so that the Project Costs may be reimbursed in an expeditious manner. <br />4. Upon FCT's request, the Recipient shall provide a status report of its progress <br />towards reimbursement of the Project Costs. <br />5. The Recipient shall provide the appraisal(s) required by Rule 62-819.007, F.A.C. <br />to FCT for review by a date not to exceed ninety (90) days after the execution of this Agreement. <br />The appraisals shall be reviewed and, upon approval, the maximum reimbursement amount, as <br />provided in Rules 62-818 and 62-819, F.A.C., shall be determined. <br />6. The Recipient shall develop the Project Site in accordance with the FCT Grant <br />Award conditions and open the developed Project Site to the public within 3 years from the date <br />of final disbursement of the FCT Award. <br />IV. FUNDING PROVISIONS <br />1. The FCT Florida Forever Award granted to the Recipient ("FCT Award") will in <br />no event exceed the balance of the legislative appropriation in the Florida Forever Trust Fund <br />for 2011 (account: 348104-FY11) for the Florida Communities Trust Parks and Open Space <br />Program as of the execution date (currently One Million One Hundred Sixty -Seven <br />Thousand Four Hundred Five dollars and Eighty -Two Cents ($1,167,405.82), unless FCT <br />approves a different amount, which shall be reflected in an addendum to this Agreement, if <br />applicable. The Recipient shall be reimbursed as outlined herein, up to the maximum amount <br />identified herein, for eligible costs as defined in Rule 62-818.002(33), F.A.C., and identified in the <br />Project Plan referenced herein. <br />The FCT Award is based on the Recipient's estimate of final Project Costs in its <br />application, as well as the Limitation of Award provided in Rule 62-818.003(7), F.A.C. and <br />advertised in the Notice of Application. When disbursing the FCT Award, FCT shall recognize <br />only those Project Costs consistent with the definition in Rule 62-818.002(33), F.A.C. FCT shall <br />DEP Agreement No. 50958, Page 3 of 24 <br />FCT Project No. 11-050-FFI l <br />Pre -Acquired Project Site <br />
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