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71 <br />0 <br />recipients that responded timely, and may result in this Agreement being voidable. It is the <br />responsibility of the Recipient to know all project deadlines, to devise a method of monitoring <br />the project, and to adhere to all deadlines. <br />7. The FCT Preservation 2000 award granted to the Recipient will in no event <br />exceed the lesser of Fifty Percent (50.00%) of the final total project costs, as defined in Rule <br />9K-4.002(30), F.A.C., or Thirty -Four Thousand Dollars And No Cents( $34,000.00), unless <br />the FCT Governing Body approves a different amount, which shall be reflected in an addendum <br />to this Agreement. <br />8. The grant amount stated in paragraph 7 above is based on the Recipient's estimate <br />of total project costs in application number 99-074-P9A, as well as limits on awards in the Notice <br />of Application period announcing the application cycle. When disbursing funds for the project, <br />the FCT will recognize the actual total project costs, defined in Rule 9K-4.002(30), F.A.C., for <br />acquisition of the project site. The total project costs will be reflected on a grant reconciliation <br />statement prepared pursuant to paragraph 10 below. The FCT will participate in the land cost at <br />either the actual purchase price, or the Maximum Approved Purchase Price based on appraisal <br />reports that comply with requirements set forth in Rule 9K-6.007, F.A.C., whichever is less, and <br />multiplied by the percent stated in paragraph 7 above. <br />9. The FCT Governing Body has given conceptual approval for funding to acquire <br />the entire project site identified in the Recipient's application number 99-074-P9A. The FCT <br />Governing Body reserves the right to withdraw the FCT award if the acreage that comprises the <br />project site is reduced so that the objectives of the acquisition cannot be achieved. Request for <br />modification of the boundary of the project site identified in the Recipient's application number <br />99-074-P9A may be considered by the FCT Governing Body following the procedures for <br />submission and review of boundary modification requests set forth in Rule 9K-4.0105, F.A.C. <br />If the project site is comprised of multiple parcels, an acquisition plan was required in the <br />application. The FCT Governing Body reserves the right to withdraw the FCT award if the <br />priority parcel(s), identified in the acquisition plan prepared pursuant to Rule 9K -4.004(5)(g), <br />F.A.C., included in application number 99-074-P9A incorporated by reference herein and <br />attached as Exhibit "A," cannot be acquired. Approval of the Conceptual Approval Agreement <br />shall constitute approval of the acquisition plan by FCT. <br />10. The FCT funds shall be delivered either in the form of eligible project costs <br />prepaid by FCT to vendors or in the form of a State of Florida warrant at the closing of the <br />project site, payable to the Seller or the Seller's designated agent authorized by law to receive <br />such payment, provided the Comptroller determines that such disbursement is consistent with <br />good business practices and can be completed in a manner minimizing costs and risks to the State <br />of Florida. If the project site is comprised of multiple parcels, FCT shall deliver at the closing of <br />each parcel only the share of the FCT award that corresponds to the parcel being closed. FCT <br />will prepare a grant reconciliation statement prior to the closing of the project site parcel that will <br />Contingent/Joint Acquisition/99-074-P9A <br />11/30/1999 <br />FINAL 4 <br />