12/21/1999 - Laserfiche WebLink

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BOOK i II FFjuG G'D3 on the County Land Acquisition Advisory Committee's (LAAC) site list. The three LAAC sites submitted for FCT cost -share funding were: North Sebastian C.A. Addition (Anstalt) (after -the -fact reimbursement) Oslo Riverfront South Wabasso Scrub Addition Funding Approval At a public hearing on September 23, 1999, the FCT finalized its ranking of 92 projects submitted statewide asking for —$88 million in grant funds, whereby —$33 million in funds are available. As a result of FCT's ranking, the Oslo Riverfront South project faired the best out of the County's three applications, ranking 7" out of the 92 projects, safely qualifying for 50% cost -share funding. The North Sebastian C.A. Addition (ranked 40" ) also qualified for 50% cost -share fimding. The Wabasso Scrub Addition, ranked 44", qualified as first on a list for contingency funding, whereby cost -share finding will be granted as it becomes available. Conceptual Approval Agreements Since the September FCT hearing, FCT staff has visited the three approved project sites with county staff to verify site conditions as represented in the project applications. In accordance with State procedures, the next step is for the FCT Governing Body and the County Commission to execute a "Conceptual Approval Agreement" for each of the three approved cost -share finding projects. The agreements consist largely of standard language and conditions pursuant to Rule 9K-4, Florida Administrative Code, the rule which sets forth Florida Communities Trust program procedures. Each agreement consists of eight main sections, as follows (paraphrased): I. General Conditions II. Requirements Prior to Initiation of Negotiations (Oslo Riverfront South & Wabasso Scrub Addition) M. Project Plan Approval IV. Project Site Acquisition Requirements V. Obligations as a Condition of Project Funding VI. Obligations Relating to theUse of Bond Proceeds VII. Disallowable Activities/Remedies VIII. Site Specific Management Plan Conditions The General Conditions section of the agreements contains standard language pertaining to tarring and coordination of steps between the County and FCT, and among other things identifies the key contact from the County for purposes of coordinating project activities. Requirements Prior to Initiation of Negotiations pertains to the Oslo Riverfront South and Wabasso Scrub Addition sites. This section outlines a number of steps and time frames including the requirement that the County identify and authorize a representative of the County to execute all FCT documents relating to the acquisition. This section also includes reference to a required Confidentiality Agreement (attached), which must include the names and signatures of local representatives who will be privy to confidential appraisals during the negotiation process. The Wabasso Scrub Addition property is located within the city limits of Sebastian. Therefore, the Conceptual Approval Agreement and Confidentiality Agreement for that project will need to be approved by the City as well as the County. Under this section of the agreement, the County has the opportunity to choose whether the County or FCT will be the responsible party for all negotiation and acquisition activities. These activities include overseeing appraisals, surveys, title reports, and environmental audits. It is staffs position that the County should opt December 21, 1999 20