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FM No: 405606-3-43-02 <br />405606-3-45-02 <br />FEID No: VF- 596-000-679-003 <br />STATE OF FLORIDA DEPARTMENT OF TRANSPORTATION <br />LOCALLY FUNDED AGREEMENT <br />THIS Locally Funded Agreement ("Agreement"), entered into this 13th , day of January 20 26 <br />by and between the State of Florida Department of Transportation hereinafter called the DEPARTMENT, <br />and Indian River County located at 1801 27th Street, Vero Beach, FL 32960 hereinafter called the <br />PARTICIPANT. <br />WITNESSETH <br />WHEREAS, the PARTICIPANT is willing to provide the DEPARTMENT with financial assistance with <br />right of way remediation services for the PARTICIPANT'S acquired parcels for roadway widening along <br />CR -510/ 85' Street From West of 82nd Avenue To 5811 Avenue in Indian River County, Florida. (Financial <br />Management (FM) Number 405606-3-43-02 and 405606-3-45-02, Funded in Fiscal Year 2025/2026); <br />and <br />WHEREAS, for the purpose of this Agreement, the right of way remediation services for the <br />PARTCIPANT'S acquired parcels for the roadway widening along CR -510/ 85th Avenue to 58th Avenue, <br />as set forth in Exhibit A, which is attached hereto and made a part hereof and hereinafter referred to as <br />the "Project"; and <br />WHEREAS, the Project is in the interest of both the PARTICIPANT and the DEPARTMENT and it would <br />be more practical, expeditious, and economical for the PARTICIPANT to perform such activities; and <br />WHEREAS, the PARTICIPANT by Resolution Item No. 003 dated the 13th day of Jam 20 2-6, a <br />copy of which is attached hereto and made a part hereof, authorizes Director, or designee to enter into <br />this Agreement. <br />NOW, THEREFORE, in consideration of the mutual benefits to be derived from joint participation on the <br />Project, the parties agree to the following: <br />1. The recitals set forth above are true and correct and are deemed incorporated herein. <br />2. The DEPARTMENT shall be responsible for assuring that the Project complies with all <br />applicable Federal, State and Local laws, rules, regulations, guidelines, and standards. <br />3. The PARTICIPANT agrees to make all previous studies, maps, drawings, surveys and <br />other information pertaining to the Project available to the DEPARTMENT at no cost to the <br />DEPARTMENT. <br />4. The DEPARTMENT shall have the sole responsibility for resolving claims and requests for <br />additional work for the Project. The DEPARTMENT will make reasonable efforts to obtain <br />the PARTICIPANT'S input in its decisions. <br />