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40 evidence the amount of local match, if any is required., provided by the Recipient and the portion of the FCT award that corresponds to the parcel being closed. Cash expended by the FCT for eligible project costs incurred by the FCT will be recognized as part of the FCT grant award amount on the grant reconciliation statement. 11. The Recipient's local match, if any is required, shall be delivered either in the form of eligible project costs prepaid to vendors by the Recipient; cash; or eligible documented donation by Seller of land value; or Recipient's warrant at the closing of the project site. If the project site is comprised of multiple parcels, the Recipient shall deliver at the closing of each parcel the share of the local match, if any is required, that corresponds to the panel being closed. The cash expended by the Recipient for eligible project costs incurred by the Recipient conducting acquisition activities will be recognized as pan of the local match, if any is required, on the grant reconciliation statement prepared pursuant to paragraph 10 above. In the event Recipient's application number 99-074-P9A represents that land value is the source of local match, if any is required, the value attributed to the land local match, if any is required, shall be determined after an appraisal report that complies with the procedures and requirements set forth in Rule 9K-6.007, F.A.C. Such appraisal report shall be subject to review and approval by FCT prior to FCT funds being delivered for the project. 12. The FCT Governing Body adopted the Preservation 2000 Program Approved List of Complete Applications for Series P9A Funding Cycle on June 11, 1999, at which time the project site became pan of a list of lands that were approved for consideration for land acquisition. If action initiated by the Recipient that is the local government having jurisdiction over the project site, subsequent to June 11, 1999, results in a governmentally -derived higher value due to an enhanced highest and best use, the FCT acquisition activities will be terminated unless the Seller agrees that the appraisal will be done at the highest and best use of the project site on or before June H, , 1999. 13. Recipient hereby notifies the FCT that the following local governmmt employee or official is the authorized key contact, or project manager, on behalf of the Recipient for purposes of coordinating project activities for the duration of the project: Name: ROLAND M. DEBLOIS, AICP 'fie. CHIEF, ENVIRONMENTAL PLANNING /Address: INDIAN RIVER CO., 1840 25TH STREET, VERO BEACH, FL 32960 Phone: 561/567-8000 X. 1258 Fax: 561/978-1806 The Recipient must notify the FCT as to any change in the authorization of the key contact on behalf of the Recipient named above. This notification must be made in writing to'the Contingent/Joint Acquisition/99-074-P9A 11/30/1999 FINAL 5