2005-356 (2) - Laserfiche WebLink

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land cost at either the actual purchase price or the MAPP , whichever is less , multiplied by the percent stated in the above paragraph . 2 . The FCT Governing Board selected the Recipient ' s application for funding in order to acquire the entire Project Site identified in the application . FCT reserves the right to withdraw or adjust the FCT Award if the acreage that comprises the Project Site is reduced or the project design is changed so that the objectives of the acquisition cannot be achieved . FCT shall consider any request for Project Site boundary modification in accordance with the procedures set forth in Rule 9K- 7 . 010 , F . A . C . If the Project Site is comprised of multiple parcels and multiple owners , an Acquisition Plan, as defined in 9K-7 . 002 (2) , F . A . C . , was required in the application . FCT reserves the right to withdraw or adjust the FCT Award if the priority parcel(s) or a significant portion of the Project Site identified in the Acquisition Plan cannot be acquired . 3 . The FCT Award shall be delivered either in the form of Project Costs prepaid by FCT to vendors or in the form of a State of Florida warrant to the Recipient . The FCT Award shall only be delivered after FCT approval of the Project Plan and Project Site acquisition terms . FCT shall prepare a grant reconciliation statement prior to the reimbursement that evidences the amount of Match provided by the Recipient, if any is required, and the amount of the FCT Award . Funds expended by FCT for Project Costs shall be recognized as part of the FCT Award on the grant reconciliation statement . 4 . If a Match is required, it shall be delivered in an approved form as provided in Rule 9K-7 . 002 (22) , F . A . C . If the value of Pre-acquired land, as defined by Rule 9K- 7 . 002 (28 ) , F . A . C . , or donated land is the source of the Match, the MAPP shall determine the value of the Match . Funds expended by the Recipient for Project Costs shall be recognized as part of the Match on the grant reconciliation statement . 5 . By executing this Agreement, the Recipient affirms that it is ready, willing and able to provide a Match, if any is required . 6 . If the Recipient is the local government having jurisdiction over the Project Site , and an action by the Recipient subsequent to the FCT Governing Board selection meeting results in a governmentally derived higher Project Site land value due to an enhanced highest and best use, this Agreement shall be terminated unless the Recipient agrees that the appraisal(s) will be based on the highest and best use of the Project Site on or before the FCT Governing Board selection meeting . 7 . FCT ' s performance and obligation to pay under this Agreement is contingent upon an annual appropriation by the Florida Legislature , and is subject to any modification in accordance with Chapter 216 , Fla. Stat . or the Florida Constitution . 05-039-FF5 October 13 , 2005 Reimbursement -4-