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40 <br />RESOLUTION NO. 72 - ' 6 <br />® RESOLUTION APPROVING MEMORANDUM OF <br />AGREEMENT WITH NATIONAL CITY MANAGE- <br />MENT COMPANY AND STATE OF FLORIDA <br />DEPARTMENT OF TRANSPORTATION FOR <br />FEASIBILITY STUDY AND FOR A FIFTY <br />PER CENT GRANT FOR A TRANSPORTATION <br />STUDY IN THE VERO BEACH, INDIAN <br />RIVER COUNTY AREA <br />WHEREAS, the joint Bus Study Committee of the City of <br />Vero Beach and Indian River County has recommended to the Board <br />of County Commissioners of Indian River County that a feasibility <br />study be undertaken by National City Manacgement,Company of <br />transportation problems in Indian River County, and <br />WHF.RP;AS, Indian River County has agreed with National <br />City Management Company to provide there services for a total <br />cost not to exceed Ten Thousand Dollars ($10,000.00), and <br />WHEREAS, the State of. Florida Department of Trans- <br />portation has agreed to grant Indian River County up to the <br />sum of Five Thousand Dollars ($5,000.00) or an amount equal <br />to fifty per cent (50'x) of the total cost of the study and <br />services rendered, whichever i.s 1e5;s, and <br />WHEREAS, this Board authorized such a study, <br />NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF <br />COUNTY COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA, that. <br />the Memorandum of Agreement between the State of Florida <br />Department of: Transportation, National city Management <br />Company, and Indian River County, Florida .is hereby approved <br />and the Chairman and Clerk of the Boarrl are: authorized to <br />execute said agreement on behalf. of. Indian River County. <br />The foregoing Resolution was offered by Commi_;::;ioner <br />Alma Lee Loy, who moved to adopt the motion, was seconded by <br />