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from the PROJECT SPONSOR. Each reimbursement request shall in- clude all documentation required by the DEPARTMENT as set forth in paragraph 18 of this project agreement. The DEPARTMENT shall be notified forthwith of any change in the person or authority of the duly authorized agent. 6 The PROJECT SPONSOR agrees to expend the sum of $ 92500 00 in cash or utilize the fair market value, or a portion thereof, of donated or purchased, private real property, previously approved by ,the DEPARTMENT for such purposes, as its required program matching contribution. The PROJECT SPONSOR further agrees to submit, at the request of the DEPARTMENT, any .:and all required accounting records of documentation pertaining to said contributions. 7. The PROJECT SPONSOR shall commence construction of the project in accordance: with Exhibit "B" on or before .June 30, 198.'. and agrees to complete said construction on or before ,lune 30, 1984 Failure by the PROJECT SPONSOR to commence or complete development of the project by the aforementioned dates, unless amended, shall be cause for the DEPARTMENT to Germinate the project agreement and demand refund of any contribution made from the Florida Recreation Development Assistance Program. 8. The PROJECT SPONSOR, through its duly authorized agent, shall submit to the DF.PARTMENIT signed project status reports every sixty (60) days summarizing th` work accomplished, problems encountered, percentage of completion and other appropriate in- formation. Photographs shall be submitted when appropriate to reflect the work accomplished unless waived in writing by the i DEPARTMENT'S project administrator. 9. Should the PROJECT SPONSOR own the land described in Exhibit "A", the PROJECT SPONSOR agrees to dedicate said land to the public for recreational purposes in perpetuity. The PROJECT SPONSOR further agrees that the execution of this agreement -by the Executive Director of the Department of Natural Resources shall constitute an acceptance of the dedication on behalf of the general public of the State. Page 3 of 6 DNR For; 42-058 - - - --, ,.