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,7 .7 TO: James E. Chandler County Administrator -Robert M "Keating, AICP Community Development Dire, —VW;1 FROM: Roland M. DeBlois, Chief, Environmental Planning DATE: October 13, 1998 SUBJECT: Board Approval of Grant Award Agreement and Cost -Share Calculation Statements Relating to Purchase of Six of Nine Parcels in the "Round Island South" LAAC Project It is requested that the information herein presented be given formal consideration by the Board of County Commissioners at its regular meeting of October 20, 1998. The Board of County Commissioners, at a public hearing on September 8, 1998, approved county purchase of six of nine parcels in the Round Island South LAAC project using environmental land bond funds (see attached minutes). The property is located south of and contiguous to Round Island Park (riverside), on the barrier island near the south county line. The County is purchasing the six parcels (four separate ownerships) with an approved grant award from the Florida Communities Trust (FCT) for 50% funding. Attached, for the Board's approval consideration, are documents required by the FCT for cost -share at closing: a Grant Award Agreement, and Statements of Grant Award (Cost -Share) Calculations. Grant Award Agreement The Grant Award Agreement is a standard document that the FCT requires be recorded in the public records. Generally, the Agreement explains the County's obligations to manage the property for conservation with compatible public access, as agreed to in the grant application. The obligations in the Grant Award Agreement are consistent with proposed management activities described in detail in the conceptual management plan, which was approved by the Board on September 8, 1998. Calculation Statements The Grant Award Calculation Statements provide a break -down of acquisition costs, and details concerning the cost - share amount that the County will receive from the FCT. There are four statements, one for each of the four separate ownerships and sale closings. As calculated, the total amount of the FCT grant award for purchase of the six parcels is $314,855.50. Staff recommends that the Board of County Commissioners approve the attached documents, and authorize the Board Chairman to execute the Grant Award Agreement and Grant Award Calculation Statements. Moreover, staff recommends that the Board authorize county staff to take actions as necessary to finalize closing of the purchase in coordination with the FCT. • Map of the Round Island South project • Grant Award Calculation Statements • Grant Award Agreement • BCC minutes excerpt of 09/08/98 October 20, 1998 25 BOOK 107 PAGE394