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A TRUE COPY <br />CERTIFICATION ON LAST PAGE <br />RYAN L. BUTLER, CLERK <br />Contract# IRL2024N-08 <br />Encumbrance# GLO1-2309 <br />AGENCY COST -SHARE AGREEMENT BY AND BETWEEN THE <br />IRL COUNCIL AND INDIAN RIVER COUNTY FOR THE <br />TRANSFORMATIONAL HABITAT RESTORATION AT BIG SLOUGH AND <br />PREACHERS HOLE <br />THIS AGREEMENT ("Agreement") is entered into between the IRL COUNCIL ("Council"), <br />whose address is 1235 Main Street, Sebastian, Florida 32958, and MIAN RIVER COUNTY ("Recipient'), <br />whose address is 1801 271 Street, Vero Beach, Florida 32960. All references to the parties hereto include <br />the parties, their officers, employees, agents, successors, and assigns. <br />The waters of the state of Florida are among its basic resources, and the Council has been <br />authorized by the United States Environmental Protection Agency to be the local sponsor <br />for the Indian River Lagoon National Estuary Program. <br />Pursuant to the IRL Council Interlocal Agreement, the Council is responsible for <br />managing the Indian River Lagoon National Estuary Program. <br />The Council has determined that providing cost -share funding to Recipient for the <br />purposes provided for herein will benefit the management of the water resources of the <br />Indian River Lagoon. <br />The parties have agreed to jointly fund the following project to benefit the water resources <br />in accordance with the funding formula further described in the Statement of Work, <br />Attachment A (hereafter "the Project"): <br />Project description: The objective of this project is to restore 12.8 acres of seagrass at <br />Big Slough and 10 acres of seagrass at Preachers Hole. <br />In consideration of the above recitals, and the funding assistance described below, Recipient agrees <br />to perform and complete the activities provided for in the Statement of Work, Attachment A. Recipient <br />shall complete the Project in conformity with the contract documents and all attachments and other items <br />incorporated by reference herein. This Agreement consists of all the following documents: (1) this <br />Agreement; (2) Attachment A- Statement of Work; (3) Exhibit A - Department of Commerce (DOC) NOAA <br />Notice of NOAA Award Cover Letter ("NOAA Notice of Award") and all DOC and NOAA Standard Terms and <br />Conditions and Specific Award Conditions referenced therein and otherwise applicable to the Project, (4) Exhibit <br />B — NOAA Performance Progress Report (5) 2 C.F.R. 200.327 and Appendix 11 (contract provisions); and (6) <br />other attachments, if any. All such documents are hereby incorporated herein as if set forth in full. The parties <br />hereby agree to the following terms and conditions. <br />1. TERM; WITHDRAWAL OF OFFER <br />(a) The term of this Agreement is from the date upon which the last party has dated and <br />executed the same ("Effective Date") until September 30, 2027 ("Completion Date"). <br />Recipient shall not commence the Project until any required submittals are received and <br />approved. Recipient shall commence performance on October 1, 2024 and shall complete <br />performance in accordance with the time for completion stated in the Statement of Work. <br />Time is of the essence for every aspect of this Agreement, including any time extensions. <br />Notwithstanding specific mention that certain provisions survive termination or expiration <br />of this Agreement, all provisions of this Agreement that by their nature extend beyond the <br />Page 1 <br />