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o ° 4 <br /> STATE OF FLORIDA DEPARTMENT OF TRANSPORTATION 725030-06 <br /> PUBLIC TRANSPORTATION PUBLIC TRANSPORTATION <br /> 06107 <br /> JOINT PARTICIPATION AGREEMENT <br /> Financial Project No. : Fund : DPTO FLAIR Approp . : 088774 <br /> 42513818401 /9401 Function : 680 FLAIR Obj . : 750013 <br /> (item-segment-phase-sequence) Federal No. : Org , Code: 55042010429 <br /> Contract No. : DUNS No. : 80-939-7102 Vendor No. : VF596000674029 <br /> CFDA Number : CSFA Number: 55 . 013 <br /> THIS AGREEMENT , made and entered into this day of <br /> by and between the STATE OF FLORIDA DEPARTMENT OF TRANSPORTATION , an agency of the State of Florida , <br /> hereinafter referred to as the Department , and Indian River County <br /> 1801 27th Street, Vero Beach , FL 32967 <br /> hereinafter referred to as Agency . The Department and Agency agree that all terms of this Agreement will be completed <br /> on or before 09/01 /2012 and this Agreement will expire unless a time extension is provided <br /> in accordance with Section 18 . 00 . <br /> WITNESSETH : <br /> WHEREAS , the11 Agency has the authority to enter into said Agreement and to undertake the project hereinafter <br /> described , <br /> and the Department has been granted the authority to function adequately in all areas of appropriate jurisdiction including <br /> the implementation of an integrated and balanced transportation system and is authorized under <br /> 341 . 051 , <br /> Florida Statutes , to enter into this Agreement . <br /> NOW, THEREFORE , in consideration of the mutual covenants , promises and representations herein , the parties agree <br /> as follows : <br /> 1 .00 Purpose of Agreement: The purpose of this Agreement is <br /> To provide transit corridor funds to support a new transit route between Indian River and St . Lucie Counties . <br /> and as further described in Exhibit( s ) A. B. C , D attached hereto and by this reference made a part <br /> hereof, hereinafter referred to as the project, and to provide Departmental financial assistance to the Agency and state the <br /> terms and conditions upon which such assistance will be provided and the understandings as to the manner in which the <br /> project will be undertaken and completed . <br /> Page 1 of 14 <br />