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the Sebastian Inlet sand trap divided by the total Project beach volume placed , times 5 % , <br /> The foregoing percentage will be applied to the total Project cost . Volumes will be <br /> calculated from beach surveys as set forth in the construction contract between the County <br /> and the duly awarded dredging contractor. The County and the District acknowledge and <br /> agree that , within fourteen ( 14 ) calendar days after receipt by the County of final certified <br /> survey data establishing the final pay volume , the County shall prepare and send an <br /> invoice to the District ; and , thereafter , and within the time limits of the Local Government <br /> Prompt Payment Act , Florida Statutes section 218 . 70 et . seq . (2005 ) the District shall pay <br /> the invoice amount to the County , <br /> 5 . Monitoring. The County will undertake all required physical and biological <br /> monitoring required as permit conditions of the Project . The foregoing monitoring is <br /> subject to a 50/50 cost sharing with the Florida Department of Environmental Protection <br /> under Grant Agreement 981R1 . The District agrees to reimburse the County for a portion <br /> of the 50 % (fifty percent) local share of Project monitoring costs . The District' s portion of <br /> the 50 % (fifty percent) local share of Project monitoring costs , and payment thereof, shall <br /> be calculated in accordance with the provisions of paragraph 4 of this Agreement . Any <br /> biological and geotechnical monitoring , and surveys conducted by the District , as required <br /> for Project permitting , will be credited to District ' s portion of the 50 % (fifty percent) local <br /> share . <br /> 6 . Mitigation . The County will undertake any mitigation required by state or federal <br /> agencies for impacts resulting from the Project . The mitigation activities are subject to a <br /> 75 % state/25 % local cost sharing with the Florida Department of Environmental Protection <br /> under Grant Agreement 981R1 . District agrees to cooperate with the County as a joint <br /> partner in the implementation of legislatively appropriated funds for reef mitigation garden <br /> creation and monitoring . Any mitigation credits derived from the reef mitigation garden <br /> creation and monitoring may be applied to the Project if necessary . <br /> 7 . Notices. Any notice , request , demand , consent , approval or other <br /> communication required or permitted by this Agreement shall be given or made in writing <br /> and shall be served , as elected by the party giving such notice , by any of the following <br /> methods : ( 1 ) Hand delivery to the other party ; or (2 ) Delivery by commercial overnight <br /> courier service ; or ( 3 ) Mailed by registered or certified mail (postage prepaid ) , return <br /> receipt requested at the addresses of the parties shown below : <br /> Indian River County : <br /> Indian River County Public Works Department <br /> Attn : Jonathan C . Gorham <br /> 184025 th Street <br /> Vero Beach , Florida 32960 <br /> Fax : (772 ) 778-9391 <br /> Sebastian Inlet Tax District . <br /> Attn : Martin Smithson <br /> 114 Sixth Avenue <br /> Indialantic , Florida 32903 <br /> 3 <br />