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2024-017
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2024-017
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Last modified
2/8/2024 12:11:05 PM
Creation date
2/8/2024 11:05:00 AM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
01/09/2024
Control Number
2024-017
Agenda Item Number
13.B.
Entity Name
Indian River County Habitat for Humanity, Inc. (HFH
Subject
Agreement to Purchase and Sell Real Estate Donation of Former Gifford Gardens
4730 40th Avenue
Warranty Deed
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Exhibit "B" <br />INDIAN RIVER COUNTY AMERICAN RESCUE PLAN AGREEMENT <br />THIS INDIAN RIVER COUNTY AMERICAN RESCUE PLAN AGREEMENT <br />("Agreement") is entered into as of the 9th day of January 12024 by and between Indian <br />River County, a political subdivision of the State of Florida, whose address is 1801 270' Street, <br />Vero Beach, Florida, 32960 ("Recipient"), and Indian River County Habitat for Humanity, Inc., a <br />non-profit organization, whose address is 4568 US Highway 1, Vero Beach, FL, 32967 (the <br />"Subrecipient"). <br />RECITALS <br />WHEREAS, Recipient has received funds as part of the American Rescue Plan; and <br />WHEREAS, Recipient is required to comply with the requirements set forth in the <br />attached U.S. Department of the Treasury Coronavirus Local Fiscal Recovery Fund Award Terms <br />and Conditions (the "Conditions"); and <br />WHEREAS, Recipient is proposing to provide $500,000 to Subrecipient to be used for the <br />development of Gifford Gardens; and <br />WHEREAS, Subrecipient as part of the acceptance of this assistance agrees to comply <br />with the Conditions. <br />NOW THEREFORE, in consideration of the mutual undertakings herein and other good <br />and valuable consideration, the receipt and adequacy of which is hereby acknowledged, the parties <br />agree, as follows: <br />1. Recitals. The above recitals are true and correct and are incorporated herein. <br />2. Payments. The Recipient will make a total disbursement to Subrecipient of up to $500,000 <br />upon submittal of proof of invoices and payment to Recipient. <br />3. Compliance Requirements. Subrecipient agrees to comply with the U.S. Department of <br />the Treasury Coronavirus Local Fiscal Recovery Fund Award Terms and Conditions <br />attached as Exhibit "A". In addition, Subrecipient must provide Recipient all invoices, <br />proof of payment, proof of System for Award Management registration for all vendors, and <br />any other executed required Federal disclosures according to the schedule below: <br />Expense Period Report Deadline <br />October 1, 2023 through September 30, 2024 October 15, 2024 <br />October 1, 2024 through December 31, 2024 January 15, 2024 <br />4. Scope of Work. Subrecipient shall perform the tasks as identified and set forth in the Scope <br />of Work, which is attached as Exhibit `B". <br />Page I of 2 <br />
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