Fla. Admin. Code Ann. R. 62-817.013 - Trust Governing Body Action
(1)
Pursuant to Section 380.510(3),
F.S., the Trust shall approve the terms under which the interest in land is
acquired. Such approval shall be evidenced by the Trust execution of the
purchase agreement.
(2) The Trust
shall consider and approve the terms of the acquisition, together with all
other requirements associated with the grant award to the recipient and the
release of funds for the grants.
(3) Notice of this approval shall be
published in the Florida Administrative Weekly, according to the subsection
62-815.011(3)
or 62-816.007(6),
F.A.C., which notify the public that any person with substantial interests that
are or may be determined by the approval or denial of funds for projects by the
Trust may request an administrative proceeding pursuant to Section
120.57, F.S., and Rule 9K-1.008,
F.A.C., within 21 days from publication of the Notice of Approval for
Preservation 2000 Funds.
(4) After
the expiration of the 21-day notification period and provided that all purchase
agreement and grant terms have been met, the Trust shall execute a letter
notifying the seller of exercise of option, if an option agreement was used.
The recipient shall likewise execute a letter notifying the seller of exercise
of option when all purchase agreement and grant requirements have been
met.
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