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4 <br />a <br />40 <br />1 <br />Contract No: 99 -CT -8K -98 -8A -A 1-058 <br />FCT Project No: 98-058-P8A <br />FCT Project Name: Oyster Bar Salt Marsh <br />ADDENDUM 2 TO CONCEPTUAL APPROVAL AGREEMENT <br />This ADDENDUM 2 to the Conceptual Approval Agreement is entered into by and <br />between the FLORIDA COMMUNITIES TRUST (FCT), a nonregulatory agency within the <br />State of Florida Department of Community Affairs, and INDIAN RIVER COUNTY(Recipient), <br />this 15th dayof February ,2000. <br />WHEREAS, the parties hereto entered into a Conceptual Approval Agreement setting <br />forth the conditions of conceptual approval that must be satisfied by Recipient prior to the <br />disbursement of the FCT Preservation 2000 award and the restrictions that are imposed on the <br />project site subsequent to its acquisition: <br />WHEREAS, the term of the Conceptual Approval Agreement expires January 27, 2000; <br />WHEREAS, the Recipient in accordance with GENERAL CONDITIONS paragraph 3 of <br />the Conceptual Approval Agreement and in compliance with Rule 9K-4.010(2)0), F.A.C., has <br />timely submitted to FCT a written request for extension of the January 27. 2000 expiration date. <br />WHEREAS. GENERAL CONDITIONS paragraph 14 of the Conceptual Approval <br />Agreement states that the agreement may be amended at any time prior to FCT giving final <br />project plan approval to the Recipient. Any agreement must be set forth in a written instrument <br />and agreed to by both the Recipient and FCT: <br />WHEREAS, the parties hereto desire to extend the term of the Conceptual Approval <br />Agreement as provided by Rule 9K -4.010(2)(j), F.A.C.: <br />NOW THEREFORE, the FCT and RECIPIENT mutually agree as follows: <br />L Notwithstanding the language of Section I. GENERAL CONDITIONS, par:.-raph <br />3. and paragraph 4-. the parties hers by agree to rcviti _ it nuns° pro tune as though it had not lap•t!. <br />in accordance with paragraph 3. <br />2. In every respect, this amendment is to be construed and applied as though the <br />parties had both signed it before January 27, 2000. <br />3. The Conceptual Approval Agreement by and between FCTand Recipient is <br />hereby extended until July 27, 2000. <br />AQD 2/98 -058 -PRA <br />01/26/2000 <br />Page 1 <br />