HomeMy WebLinkAbout2003-141 FCT Contract Number 02-CT-5P-O1 -F1 -A1 - 154
FLORIDA COMMUNITIES TRUST
FF 1 Award Number O 1 - 154-FF 1
LOST TREE ISLANDS
ADDENDUM III TO CONCEPTUAL APPROVAL AGREEMENT
THIS ADDENDUM III is entered into by and between the FLORIDA COMMUNITIES
TRUST (FCT), a nonregulatory agency within the State of Florida Department of Community
Affairs, and INDIAN RIVER COUNTY, CITY OF VERO BEACH, and TOWN OF INDIAN
RIVER SHORES , local governments of the State of Florida (Recipient), this qday of
_ AG /_ 14i , , 2003 .
NOW THEREFORE, FCT and Recipient mutually agree as follows :
WHEREAS , the parties hereto entered into a Conceptual Approval Agreement which sets
forth the conditions of conceptual approval that must be satisfied by Recipient prior to the receipt
of the FCT Florida Forever award and the restrictions that are imposed on the Project Site
subsequent to its acquisition with the FCT Florida Forever award;
WHEREAS , the initial term of the Conceptual Approval Agreement expires May 30, 2003 ;
WHEREAS , the FCT Recipient in accordance with GENERAL CONDITIONS paragraph 2 of
the Conceptual Approval Agreement and in compliance with Rule 9K-7 . 009(5 ), F. A. C . , has timely
submitted to FCT a written request for extension of the May 30, 2003 , deadline;
WHEREAS , GENERAL CONDITIONS paragraph 14 ofthe Conceptual Approval Agreement
states that the agreement may be amended at any time prior to FCT giving final project plan approval
to the FCT Recipient . Any agreement must be set forth in a written instrument and agreed to by both
the FCT Recipient and FCT;
WHEREAS , the parties hereto desire to extend the term of the Conceptual Approval
Agreement as provided by Rule 9K4 . 009(5 ), F . A. C . ;
NOW THEREFORE, the FCT and FCT RECIPIENT mutually agree as follows :
1 . Notwithstanding the language of Section 1 . GENERAL CONDITIONS, paragraph 3 . ,
the parties hereby agree to revive it nunc pro tunc as though it had not lapsed
in
accordance with paragraph 2 .
i
O 1 - 154-FF 1
5/30/03
CAAAMD . 3 1
2 . In every respect, this amendment is to be construed and applied as though the parties
had both signed it before May 30, 2003 .
3 , The Conceptual Approval Agreement by and between FCT and FCT Recipient is
hereby extended until August 30, 2003 .
This Addendum III, Addendum II, Addendum I, and the Conceptual Approval Agreement
embody the entire agreement between the parties. All other terms and conditions not specifically
referenced in this agreement remain the same and unchanged .
IN WITNESS WHEREOF, the parties hereto have duly executed this Addendum III .
INDIAN VER CO FLORIDA CO T S TRUST
By :
t Name : Kenneth Macht J c Browning
Title : Chairman E �e tiv Director
Date : June 24 , 2003 Date : (o a
Approved as tic Fo an Legality : Approved as to F Vrql and Legality :
Print Name : Cb ;/ >ert-t gyp / i ' sr_ S' By -"eft ,' 9* Trust Counsel
IDWM
"GFTY OF IAN RIVER SHORES
By :
Print Name : ?; fm .vs Al
Title : /y>>•gvajQ
Date : I b :3
Approved as to Form Legality :
By :_�o �..,._.
Print Name : e r m
CITY OF VERO BEACH
Byr c 2
Prin Name :
Title : M c,, v u 2
Date : S - a i - E) 3
Appro d as to Form and Legality :
By (Ixz 2w
Print Name : 6 c
01454-17F1
5/30/03
CAAAIVID . 3 2