Laserfiche WebLink
COST SHARE GRANT CONTRACT <br /> This Cost Share Grant Contract ("Contract") entered into as of l <br /> 2007 by <br /> and between Indian River County, a political subdivision of the State of Florida, " aCodunt reS") <br /> and Pad ett Creek LLC having an"Reci ient" <br /> of 4776 Old Dixie Hi hwa Vero Beach, FL 32967 ( p ) ' <br /> BACKGROUND RECITALS <br /> A. The County has entered into a Contractual Services Agreement with the Florida Department of <br /> Agriculture and Consumer Services ("Department") for the Indian River Citrus Area Water <br /> Quality/Quantity Protection Program, [Contract FDACS 0120891 ("Cost Share Agreement") <br /> attached hereto as Exhibit A and incorporated herein in its entirety by this reference. <br /> B. Pursuant to the terms of the Cost Share Agreement, the County may enter into contracts with <br /> eligible applicants/recipients for the purpose of partially funding and fully implementing the <br /> agricultural water quality best management practices ("BMP") contemplated in the Cost Share <br /> Agreement and more specifically set forth in the Operation and Maintenance Plan and the <br /> Applicant Evaluation Review Sheet, each of which is attached hereto, collectively referenced as <br /> Exhibit B, and incorporated herein in their entirety by this reference. <br /> C. Recipient has applied to the County for a cost share grant of money ("Grant") to fund, at the <br /> designated "program reimbursement rate" set forth in Exhibit A. and fully implement the BMP <br /> on the terms and conditions set forth herein. <br /> D . The County has agreed to provide the Grant funds to the Recipient to fund, at the designated <br /> "program reimbursement rate" set forth in Exhibit A, and fully implement the BMP on the terms <br /> and conditions set forth herein. <br /> NOW, THEREFORE, in accordance with the mutual covenants hereinafter contained and other <br /> good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, the <br /> parties agree as follows: <br /> 1 .0 Background Recitals. The background recitals are true and correct and form a material part of <br /> this Contract. <br /> 2.0 Cost Share Agreement Requirements. By signing this Contract, the Recipient acknowledges <br /> and agrees that: <br /> (i) the funding source of this Contract is the Cost Share Agreement; <br /> (ii) the Grant pays for only that portion of the cost of the BMP that is set forth on <br /> Exhibit B as the "Cost Share" ; <br /> (iii) the Recipient is solely responsible for the portion of the cost of the BMP that is set <br /> forth on Exhibit B as the "Applicant Cost"; <br /> (iv) certain obligations of the County under the Cost Share Agreement will be <br /> performed by the Recipient and the County, respectively; <br /> 1 <br />