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<br />Form FmHA 1942-31
<br />(1.29-79) UNITED STATES DEPARTMENT OF AGRICULTURE
<br />FARMERS 110ME ADMINISTRATION
<br />ASSOCIATION WATER OR SEWER SYSTEM GRANT AGREEMENT
<br />THIS AGREEMENT dated ........Ju l.y_..21--------- ------
<br />INDIAN RiVER - STATE OF FLORIDA
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<br />8? THE COUNTY__OF .......
<br />......................... . 19 ._..:. ,between --•--••--•--•- - - - -
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<br />a public corporation organized and gunoperating der Chapter 10148, Laws of ...................................... Chapters
<br />125 & 159, Florida Statutes.
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<br />(Audrorizing .Statute)
<br />herein called "Grantee," and the United States of America acting through the Farmers Home Administration, Department of
<br />Agriculture, herein called "Grantor," WITNESSETH:
<br />WHEREAS
<br />Grantee has determined to undertake a project of acquisition, construction, enlargement, or capital improvement of a
<br />(water) (sewer) system to serve the area tinder its jurisdiction at an estimated cost of S -7 . ...........
<br />,047, 548.81 * and has duly
<br />authorized the undertaking of such project.
<br />Grantee is able to finance not more than $ 5,825,840.00 of the development costs through revenues, charges,
<br />taxes or assessments, or funds otherwise available to Grantee resulting in a reasonable user charge.
<br />Said sum of $ S, H25, $1+Q . 00__.._ has been committed to and by Grantee for such project development costs
<br />Grantor has agreed to grant the Grantee a sum not to exceed $_ 796 , 900.00 orpercent of
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<br />said development costs, whichever is the lesser, subject to the terms and conditions established by the Grantor. Provided,
<br />however, that the proportionate share of any grant funds actually advanced and not needed for grant purposes shall be re-
<br />turned immediately to the Grantor. The Grantor may terminate the grant in whole, or in part, at any time before the date of
<br />completion, whenever it is determined that the Grantee has failed to comply with the conditions of the grant.
<br />NOW, THEREFORE, In consideration of said grant by Grantor t6 Grantee, to be made pursuant to Section 306 (a) of
<br />the Consolidated Farm and Rural Development Act for the purpose only of defraying a part not to exceed ... 7.x---------------
<br />percent of the development costs, as defined by applicable Fanners Home Administration instructions.
<br />GRANTEE AGREES THAT GRANTEE WILL:
<br />A. Cause said project to be constructed within the total sums available to it, including said grant, in accordance with the
<br />project plans and specifications and any modifications thereof prepared by Grantee and approved by Grantor.
<br />B. Permit periodic inspection of the construction by a representative of Grantor during construction.
<br />C. Manage, operate and maintain the system, including this project if less than the whole of said system, continuously in
<br />an efficient and economical manner.
<br />D. Make the services of said system available within its capacity to all persons in Grantee's service area without
<br />discrimination as to race, color, religion, sex, national origin, age, marital status, or physical or mental handicap (possess
<br />capacity to enter into legal contract for services) at reasonable charges, including assessments, taxes, or fees in accordance
<br />Ordinance 80-13'
<br />with a schedule of such charges, whether for one or more classes of service, adopted by M6%4' k dateJune i
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<br />19 --- ou ', as may be modified from tirne to time by Grantee. The initial rate schedule must be approved by Grantor. There-
<br />after, Grantee may make such modifications to the rate system as long as the rate schedule remains reasonable and
<br />nondiscriminatory. " See attached Ordinance 81-62
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