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1977-05 (Cost Sharing on Grant)RESOLUTION WHEREAS, the City of Okeechobee, Florida has agreed to participate with the County of Okeechobee in seeking Federal Assistance to defray the cost of Step 2 Project in accordance with the 11201 Facilities Plan". WHEREAS, the City of Okeechobee by Resolution No. 402 agreed to participate with Okeechobee County in a 11201 Facilities Program" and WHEREAS, the preparation of the 11201 Facilities Plan" (Step 1) has been completed and accepted by the State of Florida, and WHEREAS, the 11201 Facilities Plan" is in accordance with the future requirements for City of Okeechobee, and WHEREAS, Federal Assistance is needed to pursue Step 2 in the development of the "201 Facilities Program", and WHEREAS, it is necessary that the City and County of Okee- chobee be mutually involved in the future development of the_.__'12.01 Facilities Program", and WHEREAS, the City of Okeechobee desires to continue the develop- ment of said program: NOW, THEREFORE BE IT RESOLVED: 1) That the City of Okeechobee agrees to participate with Okeechobee County in sharing the cost of the Grantee's share of 25% of the total Step 2 Project cost provided that the Federal Grant will be 75% of the total cost. 2) That the City of Okeechobee will pay its fair share of the said costs, currently estimated at $39,000 to Okeechobee County in periodical payments as required to reimburse the Project Engineer for his services, and said payments to be made within 30 days after request for payment by said County. 3) That the City of Okeechobee's final fair share of the costs will be adjusted on the basis of the Project Engineer's final estimates of Phase I construction costs and flow data and his recommendations for cost sharing as determined from the Step 2 Project documentation. 4) That this Resolution shall become effective on July 26th, 1977, if not revoked prior to this date. PASSED AND ADOPTED by the City Council of the City of Okeechobee, This1VI day of 1977, Russell V. Domer President City Council City of Okeechobee ATTEST: Sandra Bennett City Clerk City of Okeechobee Approved by me this �+� day of , 1977, Z Audley Dunham Mayor City of Okeechobee