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2024-307
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2024-307
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Last modified
12/30/2024 12:28:49 PM
Creation date
12/30/2024 12:26:55 PM
Metadata
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Template:
Official Documents
Official Document Type
Agreement
Approved Date
12/03/2024
Control Number
2024-307
Agenda Item Number
9.S.
Entity Name
State of Florida Department of Transportation (FDOT
Subject
Assignment and Amendment of License Agreement for Tracking Station Beach Park
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STATE OF FLORIDA DEPARTMENT OF TRANSPORTATION Form 725-000-01 <br />PUBLIC TRANSPORTATION STRATEGIC <br />DEVELOPMENT <br />GRANT AGREEMENT OGc10124 <br />and subcontractors shall not discriminate on the basis of race, color, national origin or sex in <br />the award and performance of contracts, entered pursuant to this Agreement. <br />13. Maintenance Obligations. In the event the Project includes construction or the acquisition of commodities <br />then the following provisions are incorporated into this Agreement: <br />a. The Agency agrees to accept all future maintenance and other attendant costs occurring after <br />completion of the Project for all improvements constructed or commodities acquired as part of <br />the Project. The terms of this provision shall survive the termination of this Agreement. <br />14. Sale, Transfer, or Disposal of Department -funded Property: <br />a. The Agency will not sell or otherwise transfer or dispose of any part of its title or other <br />interests in real property, facilities, or equipment funded in any part by the Department under <br />this Agreement without prior written approval by the Department. <br />b. If a sale, transfer, or disposal by the Agency of all or a portion of Department -funded real <br />property, facilities, or equipment is approved by the Department, the following provisions will <br />apply: <br />The Agency shall reimburse the Department a proportional amount of the proceeds <br />of the sale of any Department -funded property. <br />The proportional amount shall be determined on the basis of the ratio of the <br />Department funding of the development or acquisition of the property multiplied <br />against the sale amount, and shall be remitted to the Department within ninety (90) <br />days of closing of sale. <br />Sale of property developed or acquired with Department funds shall be at market <br />value as determined by appraisal or public bidding process, and the contract and <br />process for sale must be approved in advance by the Department. <br />iv. If any portion of the proceeds from the sale to the Agency are non-cash <br />considerations, reimbursement to the Department shall include a proportional <br />amount based on the value of the non-cash considerations. <br />c. The terms of provisions "a" and "b" above shall survive the termination of this Agreement. <br />i. The terms shall remain in full force and effect throughout the useful life of facilities <br />developed, equipment acquired, or Project items installed within a facility, but shall <br />not exceed twenty (20) years from the effective date of this Agreement. <br />ii. There shall be no limit on the duration of the terms with respect to real property <br />acquired with Department funds. <br />15. Single Audit. The administration of Federal or State resources awarded through the Department to the <br />Agency by this Agreement may be subject to audits and/or monitoring by the Department. The following <br />requirements do not limit the authority of the Department to conduct or arrange for the conduct of additional <br />audits or evaluations of Federal awards or State financial assistance or limit the authority of any state <br />agency inspector general, the State of Florida Auditor General, or any other state official. The Agency shall <br />comply with all audit and audit reporting requirements as specified below. <br />Federal Funded: <br />a. In addition to reviews of audits conducted in accordance with 2 CFR Part 200, Subpart F — <br />Audit Requirements, monitoring procedures may include but not be limited to on-site visits by <br />Page 8 of 26 <br />
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