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1999-334
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1999-334
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Last modified
1/29/2024 1:06:47 PM
Creation date
1/29/2024 1:06:20 PM
Metadata
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Template:
Official Documents
Official Document Type
Agreement
Approved Date
12/21/1999
Control Number
1999-334
Entity Name
Florida Communities Trust
Subject
Confidentially Agreement for Conce[tual Approval Agreement for
Cost-Share Acquisition of North Sebastian C.A. Addition
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WHEREAS, Rule Chapter 9K4, Florida Administrative Code (F.A.C.), describes the <br />procedures for evaluation and selection of lands proposed for acquisition using funds allocated to <br />the FCT through the Department from the Preservation 2000 Trust Fund; <br />WHEREAS, the FCT Governing Body met on September 23, 1999, to score, rank and <br />select projects that were to receive conceptual approval for funding; <br />WHEREAS, the Recipient's project, described in an application submitted for evaluation, <br />was selected for funding and in accordance with Rule Chapter 9K-4, F.A.C., and more <br />particularly described within this Agreement; <br />WHEREAS, Rule 9K4.010(2)(f), F.A.C., authorizes FCT to impose conditions for <br />funding on those FCT applicants whose projects have been selected for funding; and <br />WHEREAS, Rule 9K-4.0031(9) F.A.C., recognizes real property owned by the Recipient <br />and included in the application as part of the project site as an eligible source of local match, <br />provided that real property owned by the Recipient has been acquired by the Recipient within one <br />year prior to the application deadline or within 180 days after the application deadline for which <br />the application was made. The date of this application deadline was June 02, 1999; <br />WHEREAS, the Recipient acquired the fee simple title to the entire project site on <br />MARCH 24, 1999 <br />(Insert dare[s]) <br />from AMTSTAr) ANSTALT, A r.TFCHTF.NSTFTN ORP!„ C/O R. MASON BLAKE <br />(Insert Seller name[s]); <br />WHEREAS, the Recipient has requested disbursement of FCT Preservation 2000 Series <br />Bond proceeds from FCT subsequent to the closing on the acquisition of the project site for the <br />project costs expended for the acquisition of the project site by the Recipient; and <br />WHEREAS, the purpose of this Agreement is to set forth the conditions of conceptual <br />approval that must be satisfied by Recipient prior to the disbursement of any FCT Preservation <br />2000 funds awarded, as well as the restrictions that are imposed on the project site subsequent to <br />its acquisition with the FCT Preservation 2000 Series Bond proceeds. <br />NOW THEREFORE, FCT and Recipient mutually agree as follows: <br />I. GENERAL CONDITIONS <br />1. At least two original copies of this Agreement shall be executed by Recipient and <br />returned to the FCT office at 2555 Shumard Oak Boulevard, Tallahassee, FL 32399-2100 as soon <br />as possible and before January 14, 2000. If the Recipient requires more than one original <br />document, the Recipient should photocopy the number of additional copies needed, and then <br />Funded/Preacguired/99-056-P9A <br />11/30/1999 <br />FINAL <br />
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