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I A (} <br /> V .. f' •Pf A' <br /> INTERLOCAL AGREEMENT <br /> for 2005 SECTORS 1 & 2 RENOURISHMENT COST-SHARING <br /> THIS INTERLOCAL AGREEMENT for 2005 SECTORS 1 & 2 RENOURISHMENT <br /> COST- SHARING ( "Agreement") entered into effective this 15th day of November , 2005 <br /> (" Effective Date " ) by and between INDIAN RIVER COUNTY , a political subdivision of the <br /> State of Florida ( " County") ; and Sebastian Inlet Tax District (" District") an independent <br /> special taxing district established under a charter set forth in Special Act Chapter 2003 -373 <br /> enacted by the Florida Legislature to maintain the navigability of the Sebastian Inlet. <br /> BACKGROUND RECITALS <br /> A . Indian River County maintains beach dune systems along the 22 miles of Indian <br /> River County Atlantic Ocean shoreline . As a result of the historic 2004 hurricane season , <br /> Indian River County received direct impacts from Hurricanes Frances and Jeanne causing <br /> severe beach erosion countywide . <br /> B . Indian River County currently has a permitted Sectors 1 &2 beach restoration <br /> project that extends from DNR monuments R-4 through and including R- 17 and <br /> encompasses parts of the Sebastian Inlet State Recreation Area and the Ambersand <br /> subdivision (" Project") . The beach and dune system of Indian River County located within <br /> the limits of the Project experienced a documented volumetric loss of approximately <br /> 290 , 000 cubic yards of sand attributable to the 2004 hurricanes and are in need of sand <br /> restoration . <br /> C . Indian River County has received a commitment from the Federal Emergency <br /> Management Agency ( FEMA) to fund the replacement of 241 , 650 cubic yards of sand to <br /> replace the documented storm losses to the Project ( FEMA Project Worksheet IRC- 002 - <br /> BG , Declaration No . 1545 DR- FL) . The estimated cost of the Project in the FEMA Project <br /> Worksheet is $6 , 080 , 308 . 75 . The actual cost of the Project is to be determined by <br /> competitive bid . Project costs are to be divided as follows : FEMA ( 90 % ) ; the State of <br /> Florida ( 5 % ) ; and the local entity ; that is , Indian River County , ( 5 % ) . <br /> D . The District is authorized by Chapter 2003- 373 , a Special Act of the Florida <br /> Legislature to construct , improve , widen or deepen , and maintain the Sebastian Inlet . <br /> Specifically , the District obtains a portion of the beach compatible material from dredging <br /> of the " sand trap " located within the Sebastian Inlet . In addition , the District is mandated <br /> by Florida Statutes section 161 . 042 to place all beach compatible materials derived from <br /> dredging the Sebastian Inlet on the downdrift beaches of Indian River County , including <br /> the area of the Project . <br /> E . The District has conducted surveys that show that the sand trap area requires <br /> dredging at this time and that approximately 100 , 000 cubic yards of beach compatible <br /> materials are available and recoverable . <br /> 1 <br />