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2005-356 (2)
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2005-356 (2)
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Last modified
8/12/2016 12:05:19 PM
Creation date
9/30/2015 9:24:20 PM
Metadata
Fields
Template:
Official Documents
Official Document Type
Contract
Approved Date
11/01/2005
Control Number
2005-356A
Agenda Item Number
7.M.
Entity Name
Grant Contract - Florida Communities Trust part 2
Richard and Mary Jones
Subject
Jones Pier
Supplemental fields
SmeadsoftID
5262
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C . any sales contract or option to buy or sell things attached to the Project <br /> Site to be severed from the Project Site with a non- governmental person or <br /> organization ; <br /> d . any use of the Project Site by a non-governmental person other than in <br /> such person ' s capacity as a member of the general public ; <br /> e , any change in the character or use of the Project Site from that use <br /> expected at the date of the issuance of any series of Bonds from which the <br /> disbursement is to be made; <br /> f. a management contract for the Project Site with a non- governmental <br /> person or organization ; or <br /> g . such other activity or interest as may be specified from time to time in <br /> writing by FCT to the Recipient. <br /> 3 . If the Project Site , after its acquisition by the Recipient and/or the Trustees , is to <br /> remain subject to any of the disallowable activities, the Recipient shall provide notice to FCT, as <br /> provided for in paragraph V . I . , at least sixty (60) calendar days in advance of any <br /> such <br /> transactions , events or circumstances , and shall provide FCT such information as FCT <br /> reasonably requests in order to evaluate for approval the legal and tax consequences of such <br /> disallowable activities . <br /> 4 . In the event that FCT determines at any time that the Recipient is engaging, or <br /> allowing others to engage , in disallowable activities on the Project Site , the Recipient shall <br /> immediately cease or cause the cessation of the disallowable activities upon receipt of written <br /> notice from FCT . In addition to all other rights and remedies at law or in equity, FCT shall have <br /> the right to seek temporary and permanent injunctions against the Recipient for any disallowable <br /> activities on the Project Site . <br /> DELEGATIONS AND CONTRACTUAL ARRANGEMENTS BETWEEN THE RECIPIENT <br /> AND OTHER GOVERNMENTAL BODIES , NONPROFIT ENTITIES OR NON <br /> GOVERNMENTAL PERSONS FOR USE OR MANAGEMENT OF THE PROJECT SITE <br /> WILL IN NO WAY RELIEVE THE RECIPIENT OF THE RESPONSIBILITY TO ENSURE <br /> THAT THE CONDITIONS IMPOSED HEREIN ON THE PROJECT SITE AS A RESULT OF <br /> UTILIZING BOND PROCEEDS TO ACQUIRE THE PROJECT SITE ARE FULLY <br /> COMPLIED WITH BY THE CONTRACTING PARTY . <br /> XII. RECORDKEEPING ; AUDIT REQUIREMENTS <br /> 1 , The Recipient shall maintain financial procedures and support documents, in <br /> accordance with generally accepted accounting principles , to account for the receipt and <br /> expenditure of funds under this Agreement . These records shall be available at all reasonable <br /> 05-039-FF5 <br /> October 13 , 2005 <br /> Reimbursement <br /> - 14- <br />
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