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DESCRIPTION AND CONDITIOVS <br /> The Board of County Commissioners , at a public hearing on November 10 . 1998 , approved county purchase <br /> of the = 19 acre North Sebastian Conservation Area (NSCA) Addition ( a. k.a . . the "Amistad Anstalt" parcel ) <br /> for a negotiated price of 576,000 ( see attached map ) . In March 1999 , the County closed the purchase . The <br /> property was acquired under the premise that the County would apply for an "after-the- fact" 50% cost-share <br /> reimbursement grant from the Florida Communities Trust (FCT) . The County applied for the grant. which <br /> was approved by the FCT for funding . County staff is now working with the FCT to close the 50% cost - <br /> share reimbursement. <br /> Attached, for the Board ' s approval consideration, are two documents required by the FCT for the cost-share <br /> reimbursement : a "Grant Award Calculation " statement, and a Grant Award Agreement . <br /> ANAi . Y <br /> Grant Award Calculation Statement <br /> The Grant Award Calculation statement provides a breakdown of acquisition costs . and details conceming <br /> the cost-share amount that the County will receive from the FCT for the purchase . As calculated, the total <br /> amount of the FCT grant award that the County will receive for NSCA Addition is 541 . 440 . 90 . <br /> Grant Award Agreement <br /> The Grant Award Agreement for the NSCA Addition is a standard document that the FCT requires be <br /> recorded in the public records . The Agreement explains the County ' s obligations to manage the property , <br /> as agreed to in the grant application . The obligations in the Grant Award Agreement are consistent with <br /> proposed management activities described in detail in the conceptual management plan for the overall —407 <br /> NSCA that the Board has previously approved . <br /> Summary <br /> The County ' s obligations under the FCT cost-share grant are consistent with the objectives of the County ' s <br /> environmental lands program . Since the County has committed, under its own objectives , to managing the <br /> property for conservation with limited public access, it is staffs position that the Board should approve the <br /> herein described documents and proceed to obtain 541 .440 . 90 from the FCT for the purchase . <br /> RECOMMENDATION : <br /> Staff recommends that the Board of County Commissioners approve the attached documents, and authorize <br /> the Board Chairman to execute the Grant Award Agreement and Purchaser ' s Reconciliation of Total Project <br /> Costs statements for 50% cost-share reimbursement for the NSCA Addition parcel . Moreover, staff <br /> recommends that the Board authorize county staff to take actions as necessary to finalize closing of the <br /> reimbursement in coordination with the FCT. <br /> ATTACAMFNTS • <br /> 1 . Location map <br /> 2 . Grant Award Calculation statement <br /> 3 . Grant Award Agreement <br /> AUGUST 21 , 2001 0 8 <br /> - 17 - <br />