3/5/2002 - Laserfiche WebLink

Home Browse Search

6646 site conditions as represented in the project application. The County is also in the process ofobtaining two independent appraisals of the islands. In accordance with State procedures, the next step is for the FCT Goveming Body and the County, City and Town to execute a "Conceptual Approval Agreement" (CAA) for the cost -share funding project. Attached is the CAA for the Board's approval consideration. ANALYSIS The CAA consists of standard language and conditions pursuant to Rule 9K 4, Florida Administrative Code, which is the rule that sets forth FCT program procedures. Since the Board, at its meeting of February 5, 2002, opted to take a "pre-acquisition" approach to purchasing the Lost Tree Islands, the CAA is structured as a reimbursement grant. In accordance with FCT requirements, the acquisition can be considered a 'pre- acquisition" if the project is purchased within 18 months of the grant approval (i.e., on or before February 13, 2003). The Agreement consists of ten main sections, as follows: I General Conditions u Audit Requirements Iu Affirmations, Annual Stewardship Report, Authorized Executor and Federal Identification Number IV. Management Plan Approval V. Project Plan Approval VI. Project Site Acquisition Requirements Imposed by Chapter 259 and Chapter 380, Part III, F.S. 'VII. VIII Obligations of the FCT Recipient as a Condition of Project Funding Obligations of the Recipient Relating to the Use of Bond Proceeds IX. Disallowable Activities/Remedies Y. Conditions Particular to the Project Site Plan that Must be Addressed in the Management Plan The General Conditions section of the agreements contains standard language pertaining to timing 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. The Audit Requirements section specifies audit requirements under Section 215.97, F.S., the Florida Single Audit Act. Affirmations, Annual Stewardship Report, Authorized Executor and Federal Identification Number: this section identifies the representatives of the County, City and Town authorized to execute documents associated with the project. (Consistent with past FCT projects, the Board Chairman is proposed as the County's representative, subject to full Board authonzation). This section also specifies the F(.21 requirement of an annual stewardship report to be provided by the County The Management Plan Approval section outlines required elements of a conceptual management plan that must be completed prior to FCT funding reimbursement. Project Plan Approval outlines County documents required prior to FCT disbursement of State funds, including a statement of total project costs, a signed agreement for acquisition, a certified survey, title insurance and an environmental assessment. Project Site Acquisition Requirements Imposed by Chapter 259 and Chapter 380, Part III, F.S. specifies that the local recipient (the County) will have title to the project, and that State will have a reversionary interest. A Grant Award Agreement, which spells out conditions of the grant award, is required to be recorded upon closing with the FCT for cost -share funding reimbursement. Obligations of the FCT Recipient as a Condition of Project Funding ensures that any use of project property once acquired will be consistent with the adopted management plan, or, if changes are proposed, that FCT approval is first obtained. March 5, 2002 106 70]