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2008-231
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2008-231
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Last modified
4/7/2016 1:14:42 PM
Creation date
10/1/2015 12:26:23 AM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
07/15/2008
Control Number
2008-231
Agenda Item Number
8.Y.
Entity Name
Absolute Marine Towing & Salvage
Subject
Removal of Derelict Vessels Privity Agreement
Project Number
4349
Supplemental fields
SmeadsoftID
7498
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EXHIBIT A <br /> ( 1 ) Funding Assistance Availability: In as much as the District has other fiscal <br /> responsibilities and operational needs, financial assistance to eligible government <br /> agencies shall not exceed an amount equal to eighty (80) percent of the proportional share <br /> of the District's ad valorem tax collections from each county in which such agencies are <br /> located. The District may make an exception to this funding limitation, if funds are <br /> determined to be available based upon the District's overall goals, management policies, <br /> fiscal responsibilities and operational needs , or in counties that are recovering from a <br /> state of emergency declared under Chapter 252 , F . S . <br /> (2) Project Funding Ratio : All financial assistance and support to eligible <br /> governmental agencies shall require, at a minimum, equal matching funds from the <br /> project sponsor with the exception of public navigation projects that meet the provisions <br /> of subsection 66B -2 . 005 (7), F . A. C . , and small-scale spoil island restoration and <br /> enhancement projects that meet the provisions of Rule 66B-2 . 013 , F .A. C . Applicant's in- <br /> house costs are limited pursuant to paragraph 66B -2 . 008 ( 1 )(c), F .A. C . All financial <br /> assistance to seaports shall require equal matching funds . The District shall contribute no <br /> more than fifty percent (50%) of the local share of the cost of an inlet management or <br /> beach renourishment project. The District shall not contribute funding to both the state <br /> and local shares of an inlet management or beach renourishment project . <br /> (3) Pre-agreement Expenses : The project sponsor shall not commence work on an <br /> approved project element prior to the execution of the project agreement unless <br /> authorized by the Board during the review and funding approval process . Board <br /> authorization of pre-agreement expenses will be given for the commencement of work <br /> prior to the execution of a project agreement if the Board determines that there is a <br /> benefit to the District, its waterways or its constituents . All project costs must be incurred <br /> and work performed within the project period as stipulated in the project agreement <br /> unless pre-agreement costs are approved by the Board. Pre- agreement expenses will be <br /> approved if they are consistent with the provisions of Rule 66B -2 . 008 , F . A. C . , and occur <br /> within the fiscal year of the grant application submission (October 1st to September <br /> 30th) . Pre-agreement expenses, except for projects approved by the Board as multi-year <br /> projects, will be limited to fifty (50) percent of the project's total cost and if the expenses <br /> are eligible project expenses in accordance with this rule. Only one-half ( 1 /2) or less of <br /> the approved pre-agreement expenses will be eligible for reimbursement funding from <br /> the District, except for projects approved by the Board as multi-year projects. The Board <br /> shall consider a waiver of the limitation on pre-agreement expenses for Small-Scale <br /> Derelict Vessel grants when the applicant demonstrates a direct need and benefit and the <br /> project is in accordance with the applicable provisions of Chapter 66B -2, F .A. C . <br /> (4) Multi-Year Funding : The construction phase of projects that are large scale, <br /> involve multiple phases , have a construction time line of one year or longer, or are <br /> requesting a significant amount of assistance funding in relation to the total assistance <br /> available for the county where the project is located, will be reviewed and approved by <br /> the District Board for a multiple year period subject to budgeting and allocation pursuant <br /> to the provisions of Chapter 200 , F . S . The determination by the Board to provide <br /> assistance funding on a multi-year basis can be made at any time during the application <br /> review process . <br /> (5 ) Seaport Funding Eligibility: Financial assistance to seaports may exceed the <br /> proportional share of the District's ad valorem tax collections as set forth in subsection <br />
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