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M ® M ALTERNATIVES & ANALYSIS The agreements consist largely of standard language and conditions pursuant to Rule 9R-4, Florida Administrative Code, which sets forth Florida Communities Trust program procedures. The agreements consist of seven main sections, as follows (paraphrased): I. General Conditions II. Requirements Prior to Initiation of Negotiations III. County Obligations Relating to Project Plan Approval IV. Project Site Acquisition Requirements V. Obligations as a Condition of Project Funding VI. Obligations Relating to Use of Bond Proceeds VII. Site Specific Nanagement Plan Conditions The General Conditions section of the agreements contains standard language pertaining to timing and coordination of steps between the County and FCT. Requirements Prior to Initiation of Negotiations outlines a number of steps and time frames including the requirement that the County provide resolutions to FCT, with information confirming such things as the property owners being willing sellers, and the County's ability to provide the local match. Under this section of the agreements, the County has the opportunity to choose whether the County or FCT will be the responsible party for all negotiation and acquisition activities. These activities include overseeing appraisals, surveys, title reports, and environmental audits. The execution of a multi-party agreement is required only if the*County opts to be the responsible party for negotiation and acquisition activities. If the County opts for FCT to be the responsible negotiating party, then the land acquisition consultant contracted to assist with the overall county environmental land acquisition program will not be involved with acquisition activities relating to these projects. It is staff's position that the County should opt to have FCT conduct negotiation and acquisition activities for the Prang and Lost Tree Islands projects. Under this option, the need for FCT sufficiency review of County acquisition activities would be eliminated, since FCT would be overseeing the activities directly. Also, County CCNA procedures for selecting firms (such as surveyors) would not apply, and therefore such activities would occur more expeditiously. Under the FCT negotiation option, the County would be kept apprised along each step of the acquisition process, and the Board would still have the final say regarding County approval or denial of an acquisition. County Obligations as a Condition of Project Plan Approval outlines County documents required prior to FCT disbursement of State funds, including a statement of total project costs, a signed agreement for acquisition, and a management plan consistent with the criteria and conditions within the Conceptual Approval Agreements. Acquisition Requirements relates to State requirements regarding transfer of title procedures. — Obligations as a Condition of Project Funding ensures that any use of the islands once acquired will be consistent with the adopted management plan, or, if changes are proposed, that FCT approval is first obtained. 101 92 PAGE 192 APR 121994 I