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• <br />• <br />7. C. Round Island South LAAC Site - Florida Communities Trust <br />(FCT Cost -Share Agreement Extension <br />The Board reviewed a Memorandum of September 14, 1998: <br />TO: James E. Chandler <br />County Administrator <br />D TMENT HEAD CONCURRENCE: <br />7ortor <br />ObertM. KeatingP Community Developm t Di <br />FROM: Roland M. DeBlois CP _ <br />Chief, Environmental Planning <br />DATE: September 14,1998 -- <br />RE: Request for Board Approval of Florida Communities Trust (FCT) <br />Cost -Share Agreement Extension for the Round Island South LAAC Site <br />It is requested that the data herein presented be given formal consideration by the Board of County <br />Commissioners at its regular meeting of September 22, 1998. <br />Staff requests that the Board of County Commissioners authorize the Board Chairman to execute <br />the attached "Addendum III to Conceptual Approval Agreement" relating to the Round Island South/ <br />Florida Communities Trust (FCT) environmental land acquisition cost -share project. <br />On September 8, 1998, the Board of County Commissioners approved purchase of six of nine <br />parcels in the overall project, under the 50% cost -share funding agreement with the FCT. Closing <br />on those parcels is expected to occur in October, 1998. The referenced Addendum extends the FCT <br />grant award expiration date to April 30, 1999, to allow for on-going staff negotiations to acquire the <br />remaining southern three parcels in the project. <br />Staff recommends that the Board of County Commissioners authorize the Board Chairman to <br />execute the attached agreement addendum. <br />Round Island South "Addendum III to the FCT Conceptual Approval Agreement" <br />September 22, 1998 <br />11 <br />BOOK 10 7 PAGE 78 <br />