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FF_ b00K 97 PAGF 64 negotiated price are less than the estimate submitted in the FCT application, a request for additional FCT funds to satisfy the 40% match of the actual purchase cost is not necessary. • Management Costs Besides cost share, management cost is always an issue with environmental lands acquisition. The FCT program, which is highly competitive state-wide, awards points for projects based on the provision of resource-based public access and.use facilities. In order to qualify for FCT cost -share funding, the County obligated itself in its, FCT application to provide limited access and resource-based facilities on the subject property. Specifically, conditions of the Conceptual Approval Agreement include County provision of a limited boat dock (one or two slips), nature trial, picnic area, and informational display. The County is also obligated in the FCT Agreement to remove invasive exotic vegetation, as applicable, and implement a resource management plan in coordination with forestry and wildlife agencies. A number of initial site improvements, including exotic plant removal, and resource management (e.g., native plant revegetation), can be paid for with bond referendum funds as part of.. -the property acquisition. Improvements such as a limited boat dock will need to be funded by a source other than referendum monies. Potential funding sources include park development grants, county mitigation funds, and tree removal violation funds. Also, staff has become aware of Army Corps of Engineers and U.S. Fish and Wildlife Service funding opportunities relating to exotic plant removal and native plant restoration, which funding will be pursued. Relating to long term management, the property will be incorporated into the county -wide park system and managed by the County Parks Division in coordination with county environmental planning staff. Volunteer groups will be asked to assist the County with certain aspects of property management such as nature trail up -keep, Brazilian pepper control, and litter patrol. County staff has initiated discussions with City of Vero Beach staff regarding City assistance in management and related costs. As reflected in the draft management plan, county staff plan to bring this matter to the City Council to determine the extent of City contribution. For the Prang Island property, county staff has opted to have a management plan (see attached) drafted by the county's acquisition/management consultants, an option which is specified in the County's contract with FloridAffinity, Inc. Page 21 of the draft plan summarizes estimated management and development costs. *Appraisals In accordance with County Land Acquisition Guide and FCT procedures, two independent appraisals were obtained (by -the FCT) to determine an approved appraised value for the subject property. The two appraisal firms selected were J.T. Namie & Associates, and Aucamp, Dellenback, & Whitney. The appraisals were subsequently certified by a review appraiser (Boyle Appraisal Service), as required by the FCT. The results of the two appraisals are summarized as follows. March 19, 1996 24