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2003-001
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2003-001
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Last modified
10/24/2015 6:00:08 AM
Creation date
9/30/2015 7:34:53 PM
Metadata
Fields
Template:
Official Documents
Official Document Type
Grant
Approved Date
01/07/2003
Control Number
2003-001
Agenda Item Number
7.D.
Entity Name
Florida Communities Trust (FCT)
Subject
Indian River Farms Coastal Preserve
Archived Roll/Disk#
3160
Alternate Name
Department of Community Affairs
Supplemental fields
SmeadsoftID
3782
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a. any sale or lease of any interest in the Project Site to any person or organization ; <br /> b , the operation of any concession on the Project Site by any person or organization ; <br /> C , any sales contract or option to buy things attached to the Project Site to be severed <br /> from the Project Site , with any person or organization; <br /> do any use of the Project Site by any person other than in such person' s capacity as a <br /> member of the general public ; <br /> e , any change in the character or use of the Project Site from that use expected at the <br /> date of the issuance of any series of Bonds from which the disbursement is to be <br /> made ; <br /> f. a management contract of the Project Site with any person or organization; or <br /> g1 such other activity or interest as may be specified from time to time in writing by <br /> 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 to FCT at least <br /> 60 calendar days advance written notice of any such transactions , events , and circumstances , and <br /> shall provide to FCT such information as FCT reasonably requests in order to evaluate the legal <br /> and tax consequences of such activity or interest for FCT approval . <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 agrees to <br /> immediately cease or cause the cessation of the disallowable activity upon receipt of written <br /> notice from the FCT . In addition to all other rights and remedies at law or in equity, FCT shall <br /> have the right to seek temporary and permanent injunctions against Recipient for any <br /> disallowable activity 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 /> 02-059-FF2 <br /> 12/11 /2002 <br /> Joint Acquisition- <br /> - 16 - <br />
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