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2000-092
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2000-092
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Last modified
3/12/2024 11:02:08 AM
Creation date
3/12/2024 11:01:43 AM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
04/04/2000
Control Number
2000-092
Agenda Item Number
7.G.
Entity Name
State of Florida Florida Communities Trust
Subject
Cost-Share Purchase, Closing Documents
Casey Parcels - Round Island South and
Salama & Emerson Parcels Oslo Riverfront South
Document Relationships
2000-093
(Cover Page)
Path:
\Official Documents\2000's\2000
2000-094
(Cover Page)
Path:
\Official Documents\2000's\2000
2000-095
(Cover Page)
Path:
\Official Documents\2000's\2000
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4b <br />40 <br />40 <br />FCT Recipient: Indian River County <br />Board of County Commissioners <br />1990 25'h Street <br />Vero Beach, FL 32550-3365 <br />ATTN: County Administrator <br />7. If any provision of the Agreement shall be invalid, <br />illegal or unenforceable, the validity, legality and enforceability <br />of the remaining provisions shall not in any way be affected or <br />impaired. <br />II. PROJECT SITE REQUIREMENTS IMPOSED BY CHAPTER 259, CHAPTER <br />375, AND CHAPTER 380, PART III, FLORIDA STATUTES. <br />1. If any essential term or condition of this grant <br />agreement is violated by the FCT Recipient or by some third party <br />with the knowledge of the FCT Recipient and the FCT Recipient does <br />not correct the violation within 30 days of notice of the <br />violation, fee simple title to all interest in the Project Site <br />shall be conveyed to the Board of Trustees of the Internal <br />Improvement Trust Fund. The FCT shall treat such property in <br />accordance with Section 380.508(4)(e), Florida Statutes. <br />2. Any transfer of the Project Site shall be subject to the <br />approval of FCT and FCT shall enter into a new agreement with the <br />transferee, containing such covenants, clauses, or other <br />restrictions as are sufficient to protect the interest of the <br />people of Florida, <br />3. The interest, if any, acquired by the FCT Recipient in <br />the Project Site will not serve as security for any debt of the FCT <br />Recipient unless FCT approves the transaction. <br />4, If the existence of the FCT Recipient terminates for any <br />reason, title to all interest in real property it has acquired with <br />the FCT award shall be conveyed to the Board of Trustees of the <br />Internal Improvement Trust Fund, unless FCT negotiates an agreement <br />with another local government or nonprofit organization whiAi <br />agrees to accept title to all interest in and to manage the Project <br />site. <br />99-055-P9A <br />GAA/3-20-00 4 <br />
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