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A TRUE COPY CERTIFICATION ON LAST PAGE RYAN L. BUTLER, CLERK LOCAL FUNDING AGREEMENT THIS IS AN AGREEMENT, entered into this day of May 20, 2025, by and between: INDIAN RIVER COUNTY BOARD OF COUNTY COMMISSIONERS, a subdivision of the State of Florida and a declared Constitutional County, with its mailing address at 1801 27th Street, Vero Beach, FL. 32960-3388, hereinafter "COUNTY" and COASTAL CONSERVATION ASSOCIATION, INC., a Florida not for profit corporation, with its principal address at 4061 Forrestal Avenue, St. 8, Orlando, FL 32806, hereinafter, "CCA". RECITALS; WHEREAS, CCA desires to contribute to County's artificial reef program the sum of One Hundred Ten Thousand Dollars ( $110,000.00), such payment to be made to COUNTY by July 11, 2025, to offset the $219,000 stated cost to fund an artificial reef deployment outlined in the State of Florida Department of Transportation Locally Funded Agreement FM Number 445618-1-52-01 which is incorporated hereto as Exhibit A, and consisting of the following: • Approximately 3,500 tons of concrete and steel from the demolition of the Sebastian Inlet bridge and, • To be deployed in up to 5 locations on the nearby permitted Orchid Island Artificial Reef Complex (see Exhibit A), Therefore the County and CCA agree: The County and CCA that in exchange for CCA's contribution and the mutual promises made herein, the County agrees to grant to CCA naming rights to 50% of the deployment sites within the Orchid Island Artificial Reef Complex (anticipated deployment of up to 5 locations, in which case CCA would have naming rights of 3 of the 5). The Sebastian Inlet Bridge artificial reef project's deployment of the artificial reef material shall be referred to as the "Project". The Florida Department of Transportation ("FDOT") or other, shall have complete authority to design, construct, deploy (in accordance with Indian River County's artificial reef permit conditions) and manage the Project as well as its means and methods. FDOT in its sole discretion may contract to others the Project's construction, deployment or completion. The County and CCA agree that CCA will have no further or additional responsibility or obligation to the County or the Project.