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SAND KEY 1 6/01/1973- 12/31/1974 ,fIJ . r . .":: , I ,. FLORIDA DEPARTMENT OF NATURAL RESOURCES DIVISION OF RECREATION AND PARKS Land and Water Conser~ation Fund Project Agreement Local Body City of Clearwater project No. l2-00076 Project Title Sznd Key (I) Period Covered by this Agreement June 1, 1973 to December 31, 1974 Project Period June 1, 1973 to December 3l, 1974 Project Scope (Description of Project) Proposed acquisition by City of Clearwater of Gulf of Mexico and Bay-front property in pinellas County, Florida. Subject tract for phase I purchase consists of 260 feet of beach frontage on the Gulf with total area comprising approximately 15.50 acres of the northern extremity of Sand Key. City will ultimately acquire 54.51 acres at this site. Gulf side contains prime beach for multi-purpose water-oriented recre- ational activities with special emphasis on swimming, fishing and picnicking. property will be acquired in fee simple title with no rights or interests reserved except as described in the project proposal. Project stage Covered by this Agreement Entire project period project Cost Attachments Total Cost $ 1,340,000.00 1. General Provisions (Dated December, 1965 ) Fund Support 50 % 2. Fund Amount $ 670,000.00 3. cost of this stage $ 1, 340,000.00 4. Assistance this stage $ 670,000.00 The state of Florida, represented by the state Liaison Officer, and City of Clearwater hereinafter referred to as the City mutually agree to perform this agreement in accordance with the Land and Water Conser~ation Fund Act of 1965, 78 stat. 897 (1964) as amended (1968) and with the terms, promises, conditions, plans, specifications, estimates, project proposals, maps, and assurances attached hereto and hereby made a part hereof. The State hereby promises, in consideration of the promises /' made by the City herein, to obligate to the I ~; 01 ~... 00' 0"/ .,.... , .."- ... ,.. I I -- City the amount of money referred to above, and to tender to the City that portion of the obligation which is required to pay the United states' share of the costs of the above project stage, based upon the above percentage of assistance. The City hereby promises, in consideration of the promises made by the state herein, to execute the project or project stage described above in accordance with the terms of this agreement. The following special project terms and conditions were added to this agreement before it was signed by the parties hereto: The state shall transfer to the City of Clearwater all funds granted hereunder. This agreement is not subject to the prov~s~ons of Section B.2(d} of the attached General Provisions dated December, 1965. If, for any reason, this project fails to be completed by December 31, 1974, the state of Florida reserves the right to deobligate its financial commitment of $670,000.00 to City of Clearwater on behalf of the United states in order to prevent the State of Florida from forfeiting this part of its Fiscal Year 1973 apportionment. In witness whereof, the parties hereto have executed this agreement entered below. LOCAL BODY B Date 10. 1973 Attest: APP~;;<:= ~ttorney -2-