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STATE OF FLORIDA DEPARTMENT OF TRANSPORTATION PUBLIC TRANSPORTATION JOINT PARTICIPATION AGREEMENT 725-030-06 PUBLIC TRANSPORTATION OGC - 12J14 Page 1 of 14 Financial Project No.: 437719-1-84-01 ( item -segment -phase -sequence) Contract No.: 115 CFDA Number: NA CFDA Title: Fund: DPTO Function: 215 Federal No.: DUNS No.: 80-939-7102 Agency DUNS No.: FLAIR Approp.: 088774 FLAIR Obj.: 751000 Org.Code: 55042010429 Vendor No.: VF596000674007 CSFA Number: 55.007 CSFA Title: Commuter Assistance THIS AGREEMENT, made and entered into this 2-3 cc) day of >`nC_ Z O LS by and between the STATE OF FLORIDA DEPARTMENT OF TRANSPORTATION, an agency of the State of Florida, hereinafter referred to as the Department, and Indian River County 1801 27th Street, Vero Beach, FL 32960 hereinafter referred to as Agency. The Department and Agency agree that all terms of this Agreement will be completed on or before 6/30/20 and this Agreement will expire unless a time extension is provided in accordance with Section 16.00. WITNESSETH WHEREAS, the Agency has the authority to enter into said Agreement and to undertake the project hereinafter described, and the Department has been granted the authority to function adequately in all areas of appropriate jurisdiction including the implementation of an integrated and balanced transportation system and is authorized under 341 , Florida Statutes, to enter into this Agreement. NOW, THEREFORE, in consideration of the mutual covenants, promises and representations herein, the parties agree as follows: 1.00 Purpose of Agreement: The purpose of this Agreement is to grant operating funds for the Beachside Circulator, a public -privately funded transit route. The new service will circulate among employment, tourist, business, and leisure destinations in the beachside business area. The route will also provide park-and-ride service from a remote parking lot owned by the City of Vero Beach. The new route will connect with GoLine Route #1 at two locations (the City Marina and Humiston Beach Park). Total amount may be supplemented for additional years of operations, contingent upon project performance and availability of funds; and as further described in Exhibit(s) A,B,C,D attached hereto and by this reference made a part hereof, hereinafter referred to as the project, and to provide Departmental financial assistance to the Agency and state the terms and conditions upon which such assistance will be provided and the understandings as to the manner in which the project will be undertaken and completed. Page 1 0114