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1999-333
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1999-333
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Last modified
1/29/2024 1:02:22 PM
Creation date
1/29/2024 1:01:46 PM
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Template:
Official Documents
Official Document Type
Agreement
Approved Date
12/21/1999
Control Number
1999-333
Entity Name
Florida Communities Trust
Subject
Confidentially Agreement for Conceptual Approval Agreement
for Cost-Share Acquisition of Oslo Riverfront So
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410 <br />s <br />11. The Recipient's local match, if any is required, shall be delivered either in the <br />form of eligible project costs prepaid to vendors by the Recipient; cash; eligible documented <br />donation by Seller of land value; or Recipient's warrant at the closing of the project site. If the <br />project site is comprised of multiple parcels, the Recipient shall deliver at the closing of each <br />parcel the share of the local match, if any is required, that corresponds to the parcel being closed. <br />The cash expended by the Recipient for eligible project costs incurred by the Recipient <br />conducting acquisition activities will be recognized as part of the local match, if any is required, <br />on the reconciliation statement prepared pursuant to paragraph 10 above. In the event Recipient's <br />application number 99-055-P9A represents that land value is the source of local match, if any is <br />required, the value attributed to the land local match, if any is required, shall be determined after <br />an appraisal report that complies with the procedures and requirements set forth in Rule <br />9K-6.007, F.A.C. Such appraisal report shall be subject to review and approval by FCT prior to <br />FCT funds being delivered for the project. <br />12. The FCT Governing Body adopted the Preservation 2000 Program Approved List <br />of Complete Applications for Series P9A Funding Cycle on June 11, 1999, at which time the <br />project site became part of a list of lands that were approved for consideration for land <br />acquisition. If action initiated by the Recipient that is the local government having jurisdiction <br />over the project site, subsequent to June 11, 1999, results in a governmentally -derived higher <br />value due to an enhanced highest and best use, the FCT acquisition activities will be terminated <br />unless the Seller agrees that the appraisal will be done at the highest and best use of the project <br />site on or before June 11, 1999. <br />13. Recipient hereby notifies the FCT that the following local government <br />employee or official is the authorized key contact, or project manager, on behalf of the <br />Recipient for purposes of coordinating project activities for the duration of the project: <br />Name: ROLAND M. DEBLOIS, AICP <br />Title: CHIEF, ENVIRONMENTAL PLANNING <br />Address: INDIAN RIVER CO., 1840 25TH STREET, VERO BEACH, FL 32960 <br />Phone: 561/567-8000, X. 125B <br />Fax: 561/978-1806 <br />The Recipient must notify the FCT as to any change in the authorization of the key <br />contact on behalf of the Recipient named above. This notification must be made in writing to the <br />Executive Director and signed by the appropriate local government employee, official or <br />authorized representative named in paragraph 1I.5.d. below. <br />14. This Agreement may be amended at any time prior to FCT giving project plan <br />approval to the Recipient. Any amendment must be set forth in a written instrument and agreed <br />to by both the Recipient and FCT. Such amendments shall become a pan of this Agreement. <br />Funded/Joint Acquisition/99-055-P9A <br />11/30/1999 <br />FINAL <br />
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