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'-... This instrument was prepared by or under the <br /> supervision of(and after recording should be returned to): <br /> Joseph B. Stanton, Esq. <br /> Broad and Cassel <br /> 390 N. Orange Ave. <br /> Suite 1400 (Space reserved for Clerk of Court) <br /> Orlando,Florida 32801 <br /> INTERLOCAL AGREEMENT <br /> THIS INTERLOCAL AGREEMENT ("Agreement") dated this_ day of November, 2013, <br /> is made by and between INDIAN RIVER COUNTY,FLORIDA (the"County") and the FLORIDA <br /> DEVELOPMENT FINANCE CORPORATION(the"FDFC"). <br /> WHEREAS, the Legislature of the State of Florida (the "Legislature") adopted the Florida <br /> Development Finance Corporation Act of 1993 (the"Act"); and <br /> WHEREAS, the Legislature determined that it was necessary, in order to achieve the <br /> purposes of the Act, as amended,to create a special development finance authority to cooperate and <br /> act in conjunction with public agencies of Florida's state and local governments through interlocal <br /> agreements pursuant to the Florida Interlocal Cooperation Act of 1969, as amended (the "Interlocal <br /> Act"), in the promotion and advancement of projects related to economic development throughout <br /> the State of Florida(the"State"); and <br /> WHEREAS, the County and the FDFC wish to achieve the purposes set forth in Section <br /> 288.9602, Florida Statutes; and <br /> WHEREAS, pursuant to the Act the FDFC was created, with the power to function for any <br /> purposes of the Act within the corporate limits of any public agency once it has entered into an <br /> interlocal agreement with that public agency; and <br /> WHEREAS, the County desires to enter into an interlocal agreement with the FDFC to <br /> allow the FDFC to act within the corporate limits of the County. <br /> NOW,THEREFORE,the County and the FDFC agree as follows: <br /> Section 1. Authorization to Act <br /> The County and the FDFC agree that the FDFC will have the full right, power and authority <br /> to exercise all powers set forth in the Act within the County's corporate limits; provided, however, <br /> that the Board of County Commissioners of Indian River County reserves the right to consent to <br /> each project to be financed within the jurisdictional limits of the County, and to adopt and amend <br /> policies applicable to obtaining the consent required herein. The County hereby consents to the <br /> 48145009-5638.3 <br /> 39753/0092 RMA <br /> 228 <br />