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r � <br />BOOK fAvE 103 <br />TO: James E. Chandler, County Administrator <br />DATE: October 20, 1999 <br />SUBJECT: Interlocal Agreement — City of Sebastian and Indian River County <br />Riverview Park Property <br />FROM: James Davis, P.E., Public Works Dept.C)JVO— <br />Ref. Letter: Terrence Moore, City Manager, to Kim Massung dated 10/11/99 <br />Description and Conditions <br />On August 24, 1999, the Board approved fimding $200,000 from Local Option Sales Tax <br />revenue for additional property acquisition at Riverview Park, conditioned upon the City of <br />Sebastian fimding the remaining approximately $500,000. At this time, the City has committed <br />the necessary fiords. To formally proceed with the acquisition, the City is requesting execution <br />of an Interlocal Agreement between the County and City. The County Attorney's office has <br />prepared the attached agreement. The draft agreement was sent to the City for their staff <br />review. It is in acceptable form. <br />Recommendation and Fundine <br />Staff recommends approval of the attached Interlocal Agreement. Funding in the amount <br />of $200,000 shall be from Local Option Sales Tax Revenue — Fund 315. <br />ON MOTION by Commissioner Adams, <br />SECONDED by Commissioner Stanbridge, the <br />Board, by a 4-0 vote (Commissioner Grin absent) <br />unanimously approvedtheInterlocalAgreementwith <br />the City of Sebastian, as recommended by staff. <br />PARTIALLY EXECUTED AGREEMENT IS ON FILE <br />IN THE OFFICE OF THE CLERK TO THE BOARD <br />OCTOBER 26, 1999 <br />• -82- • <br />