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<br />, \ <br /> <br />STP 2002(147)TE <br />CSJ: 0912-71-795 <br />Project: Date Palms and Oleanders for SH 225 at Sens Road Exit <br /> <br />e <br /> <br />e <br /> <br />provide easements and any needed rights of entry over any other land needed to <br />develop the Project according to the approved Project plans. The Local <br />Government shall be responsible for securing any additional real property <br />required for completion of the Project. <br />B. In the event real property is donated to the Local Government after the date of <br />the State's authorization, the Local Government will provide all documentation to <br />the State regarding fair market value of the acquired property. The State will <br />review the Local Government's appraisal, determine the fair market value and <br />credit that amount towards the Local Government's financial share. If donated <br />property is to be used as a funding match, it must be provided by a non- <br />governmental entity and cannot be donated by a federal, state or local <br />government. The State will not reimburse the Local Government for any real <br />property acquired before execution of this agreement and the State's issuance of <br />a letter of funding authority. <br />C. The Local Government shall prepare real property maps, property descriptions, <br />and other data as needed to properly describe the real property and submit them <br />to the State for approval prior to the Local Government acquiring the real <br />property. Tracings of the maps shall be retained by the Local Government for a <br />permanent record. <br />D. The Local Government agrees to make a determination of property values for <br />each real property parcel by methods acceptable to the State and to submit to <br />the State a tabulation of the values so determined, signed by the appropriate <br />Local Government representative. The tabulations shall list the parcel numbers, <br />ownership, acreage and recommended compensation. Compensation shall be <br />shown in the component parts of land acquired, itemization of improvements <br />acquired, damages (if any) and the amounts by which the total compensation will <br />be reduced if the owner retains improvements. This tabulation shall be <br />accompanied by an explanation to support the determined values, together with <br />a copy of information or reports used in calculating all determined values. <br />Expenses incurred by the Local Government in performing this work may be <br />eligible for reimbursement after the Local Government has received written <br />authorization by the State to proceed with determination of real property values. <br />The State will review the data submitted and may base its reimbursement for <br />parcel acquisitions on these values. <br />E. Condemnation shall not be used to acquire real property for this enhancement <br />Project. <br />F. Reimbursement for real property costs will be made to the Local Government for <br />real property purchased in an amount not to exceed eighty percent (80%) of the <br />cost of the real property purchased in accordance with the terms and provisions <br />of this Agreement. Reimbursement will be in an amount not to exceed eighty <br />percent (80%) of the State's predetermined value of each parcel, or the net cost <br />thereof, whichever is less. In addition, reimbursement will be made to the Local <br />Government for necessary payments to appraisers, expenses incurred in order <br />to assure good title, and costs associated with the relocation of displaced <br />persons and personal property as well as incidental expenses. <br /> <br />Page 4 of 32 <br />