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2006-400
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2006-400
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Last modified
9/1/2016 3:43:10 PM
Creation date
9/30/2015 10:18:58 PM
Metadata
Fields
Template:
Official Documents
Official Document Type
Contract
Approved Date
11/21/2006
Control Number
2006-400
Agenda Item Number
7.G.
Entity Name
State of Florida Department of Community Affairs
Subject
Grant contract with FCT-Leona Diamond Trust
Archived Roll/Disk#
4007
Supplemental fields
SmeadsoftID
5963
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C. If any reports or documents required by this Agreement have not been timely <br /> submitted to FCT or have been submitted with incorrect, incomplete or <br /> insufficient information; or <br /> d . If tate Recipient fails to perform and complete in timely fashion any of its <br /> obligations under this Agreement. <br /> 2. Upon the happening of an Event of Default, FCT may, at its option, upon thirty (30) <br /> calendar days from the date written notice is sent to the Recipient by FCT and upon the Recipient's <br /> failure to timely cure, exercise any one or more of the following remedies, either concurrently or <br /> consecutively, and the pursuit of any one of the following remedies shall not preclude FCT from <br /> pursuing any other remedies contained herein or otherwise provided at law or in equity: <br /> a. Terminate this Agreement, provided the Recipient is given at leastthirty (30) <br /> days prior written notice of such termination. The notice shall be effective <br /> when placed in the United States mail, first class mail, postage prepaid, by <br /> registered or certified mail-return receipt requested, to the address set forth in <br /> paragraph V. 2. herein; <br /> b . Continence an appropriate legal or equitable action to enforce performance of <br /> this Agreement; <br /> C. Withhold or suspend payment of all or any part of the FCT Award; <br /> d . Exercise any corrective or remedial actions, including, but not limited to, <br /> requesting additional information from the Recipient to determine the reasons <br /> for or the extent of non-compliance or lack of performance or issuing a <br /> written warning to advise that more serious measures may be taken if the <br /> situation is not corrected; or <br /> e. Exercise any other rights or remedies which may be otherwise available under <br /> law, including, but not limited to, those described in paragraph IX. 3. <br /> 3 . FCT may terminate this Agreement for cause upon written notice to the Recipient. <br /> Cause shall include, but is not limited to : fraud; lack of compliance with applicable Hiles, laws and <br /> regulations ; failure to perform in a timely manner; failure to make significant progress toward <br /> Project Plan and Management Plan approval; and refusal by the Recipientto permit public access to <br /> any document, paper, letter, or other material subject to disclosure under Chapter 119, F1a. Stat. , as <br /> amended. Appraisals, and any other reports relating to value, offers and counteroffers are not <br /> available for public disclosure or inspection and are exempt from the provisions of Section <br /> 119. 07( 1 ), Fla. Stat. until a Purchase Agreement is executed by the Owner(s) and Recipient and <br /> conditionally accepted by FCT, or if no Purchase Agreement is executed, then as provided for in <br /> Sections 125 .355(1)(a) and 166. 045( 1 )(a), Fla. Stat. <br /> 06-037-FF6 <br /> Oct. 259 2006 <br /> Preacquisition <br /> - 16- <br />
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