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INTERLOCAL AGREEMENT between INDIAN RIVER COUNTY, FLORIDA and CITY OF SEBASTIAN, FLORIDA This Interlocal Agreement, enterer{ into this 23rd day ____Ny_ , 2000, by and between INDIAN RIVER COUNTY, FLORIDA, a political subdivision of the State of Florida, hereinafter referred to as COUN'T'Y, and the CITY OF SEBASTIAN, FLORIDA, a municipal corporation of the State of Florida, hereinafter referred to as CITY, for Elie purpose of constructing a boat dock/viewing area along Indian Diver Drive, WITNESSETH: WHEREAS, the Florida Interlocal Cooperation Act of 1969 (Chapter 163, F.S.) grants the COUNTY and CITY the authority to enter into interlocal agreements; and WHEREAS, the COUNTY and CITY recognize that each entity has certain responsibilities with respect to the citizens of the County and the City and their recreation needs; and WHEREAS, the CITY requested a 520,000 allocation front the Florida Boating Improvement Hund for a boat dock/viewing area along Indian River Drive, and WHEREAS, the COUNTY at its April 18, 2000 regular meeting approved the City's request; and WHEREAS, it is in the public interest to set forth, by way of agreement, each entities responsibilities, NOW, THEREFORE, in consideration of tite mutual terns, conditions, promises, covenants and premises hereinafter set forth and pursuant to Elie statutory authority contained in Chapter 163, F.S., the COUNTY and CI'T'Y agree as follows: 1. The COUNTY will provide CITY with $20,000 from the Florida Boating Improvement Fund for tate construction of a boat dock/viewing area along Indian River Drive in Sebastian. 2. The CITY upon receipt of the $20,040 allocation and upon issuance of all necessary permits will begin construction of the project. `rite allocation of these funds by the COUNTY is the limit of participation by the COUNTY in the prOjCCt.