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2004-289
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2004-289
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Last modified
9/30/2016 1:58:48 PM
Creation date
9/30/2015 8:25:56 PM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
11/16/2004
Control Number
2004-289
Agenda Item Number
7.G.
Entity Name
Florida Communities Trust
Subject
Grant Award Agreement Kroegel Homestead
Area
Kroegel Homestead
Archived Roll/Disk#
3224
Supplemental fields
SmeadsoftID
4734
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r <br /> Indian River County <br /> Kroegel Homestead <br /> FCT Project # 02 - 058 - FF2 <br /> Page 2 <br /> INDIAN RIVER COUNTY <br /> County Prepaid Project Costs <br /> Land Purchase Price $ 350 , 000 . 00 <br /> Appraisal 21260 . 00 <br /> Title Insurance Costs 11580 . 00 <br /> Total Prepaid Costs $ 353 , 840 . 00 <br /> County Amount Due <br /> Share of Total Project Costs $ 88 , 921 . 25 <br /> Less Total Prepaid Costs 353 , 840 . 00 <br /> Total Amount Due To County $ 264 , 918 . 75 <br /> County Additional Costs <br /> Record Grant Award Agreement $ 95 . 00 ( 3 ) <br /> Total Additional Costs $ 95 . 00 <br /> Notes : <br /> ( 1 ) Pursuant to memorandum dated October 14 , 2004 , from Caroline Sutton to Kelly <br /> Martinson , the Maximum Approved Purchase Price is $ 350 , 000 . 00 . Indian River County <br /> acquired the property on June 5 , 2002 , at a price of $ 350 , 000 . 00 . The FCT share <br /> of <br /> the purchase price to be reimbursed is based on the purchase price as it is equal to <br /> the Maximum Approved Purchase Price . <br /> ( 2 ) Pursuant to the terms of the Grant Contract , the amount of the grant shall be <br /> the lesser of $ 926 , 250 . 00 or 750 of the total project costs . <br /> ( 3 ) Disbursed to Clerk of the Court , Indian River County , at time of reimbursement <br /> from FCT . <br /> The foregoing calculation of grant award and total project costs is hereby approved <br /> by the undersigned . <br /> 130AR-D ofCPU cdt ' LprN �'R-s <br /> INDIAN. Rty&R ` OUNT*yt ?Comm <br /> ITIES TRUST <br /> - t <br /> By : P <br /> Title : & , +_ � RhIAtJughman McLeo <br /> y Program P anager <br /> Date : NOV etA .6. , . PON <br /> s. 4 <br /> APPROVED AS TO FORM <br /> AND LEGAL. SUFFICIENCY <br /> ti <br /> ov <br /> WILLIAM Q . COLLINS 11 <br /> COUNTY ATTORNEY <br />
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