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4b 40 40 /V ®0_371 INTERLOCAL AGENCY AGREEMENT BETWEEN THE COUNTY OF INDIAN RIVER, FLORIDA AND THE SCHOOL BOARD OF INDIAN RIVER COUNTY, FLORIDA IN RE: PELICAN ISLAND ELEMENTARY SCHOOL SCRUB JAY LOT ACQUISITION WHEREAS, the City of Sebastian and County of Indian River, Florida (hereafter "County") created a Habitat Conservation Plan which identifies significant parcels of xeric upland habitat that will perpetually be protected and managed for the benefit of the threatened Florida Scrub -.lay in northern Indian River County; and WHEREAS, the School Board of Indian River County, Florida (hereafter "Board"), through Pelican Island Elementary School (hereafter "School"), by the ECO Troop, initiated a campaign to raise funds to buy up to eighteen (18) lots surrounding the School so as to enlarge the existing outdoor environmental classroom of School, since the School is included in the Habitat. Conservation Plan; and WHEREAS, the School obtained a Grant in the amount of $218,000.00 from the U.S. Fish and Wildlife Service for the purpose of acquiring land to be included in the Habitat Conservation Pian; and WHEREAS, the School has been advised by the U.S. Fish and Wildlife Service that the issuance of the funds will take approximately 180 days; and WHEREAS, the School is desirous of negotiating with the owners of the designated 18 lots for purchase through an option agreement; and WHEREAS, the County has agreed through its Commissioners to loan to the Board the sum of $50,000.00 (hereafter "Loan") for the purpose of making available option money for the negotiation of contracts with the potential sellers of the designated 18 lots; and WHEREAS, the Board is in agreement to reimburse County for the Loan from the proceeds of the Grant from the U.S. f=ish and Wildlife Service; and WHEREAS, the Board has adopted a resolution authorizing a loan under the provision of Florida Statute 237.161; NOW, THEREFORE, for and consideration of the sum of One Dollar ($1.00) in hand paid by the Board to the County, receipt whereof is hereby acknowledged, and in further consideration of the covenants and agreements herein contained, the County and the Board agree as follows: