2005-379 - Laserfiche WebLink

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, selection , site access and location , exterior signage , landscape and parking plans of the Library and any and all value engineering associated with any of the foregoing ( hereinafter collectively referenced as " Library Facility Planning ") . Access , location and parking for the Library will be consistent with the general schematic design plan/architectural master plan for the Mueller Campus , updated January 17 , 2005 , with the site of the Library building and Library Facility indicated thereon (" Master Plan ") . 3 . 1 . 9 . To cooperate with the County in connection with any Library construction grant funding that the County may seek to obtain for the Library . 3 . 1 . 10 . To acquire , with Operating Funds for New Facilities , 100 % ( one hundred percent) replacement value insurance on the Library , including all Library furnishings , equipment , fixtures , and contents owned by the Trustees . The parties acknowledge and agree that the required 100 % (one hundred percent) replacement value insurance coverage is valued annually based on an average building cost provided by the Florida Department of Education for all Florida community colleges or any other Florida - based standard for valuing public education buildings . The Trustees agree to provide a copy of the annual valuation statement from the Florida Community Colleges Risk Management Consortium that shows the required 100 % (one hundred percent) replacement coverage to the County promptly upon receipt during each year of the term of this Interlocal Agreement . The parties acknowledge and agree that the 100 % (one hundred percent) replacement value insurance coverage on the Library and the furnishings , contents , equipment , and fixtures therein owned by the Trustees are insured through the Florida Community Colleges Risk Management Consortium , and the coverages , deductibles , and cancellation provisions dated March 1 , 2005 are acceptable to the County' s Risk Manager. The Trustees further agree to notify the County within five ( 5 ) calendar days if there is any reduction in the amount or types of insurance coverage for the Library and the furnishings , contents , equipment , and fixtures ; and if the reductions are not satisfactory to the County , the Trustees shall promptly acquire additional insurance coverage so that the insurance coverage during the term of this Interlocal Agreement remains at 100 % (one hundred percent) replacement value insurance coverage . 3 . 1 . 11 . To require that all payment and performance bonds in connection with the Library Facility be dual obligee bonds in favor of the County , in the name of " Indian River County" with a surety acceptable to the County ' s Risk Manager. 3 . 1 . 12 . To require that a one ( 1 ) year maintenance bond for the Library Facility be provided , in the form of a dual obligee bond in favor of the COUNTY , in the name of " Indian River County" with a surety acceptable to the COUNTY Is Risk Manager, 3 . 1 . 13 . To contribute funds from the Florida Legislature in the minimum amount of $ 5 . 62 per square foot to be applied toward operation and maintenance for the completed Library (" Operating Funds for New Facilities ") . If in any legislative funding cycle , the Trustees do not receive such legislative appropriations of Operating Funds for New Facilities , the County and the Trustees acknowledge and agree that the County has no obligation to fund such shortfall . In the unlikely event that Legislative funding for Indian River Community College is reduced across-the- board , the County and the Trustees agree that the percentage of reduction in funds contributed by the Trustees shall not exceed the percentage reduction applied to Indian River Community College by the Legislature . In connection with the Library , the Trustees acknowledge and agree that the Trustees will use their best efforts to obtain all 5