Common use of Match Requirements Clause in Contracts

Match Requirements. This Agreement requires at least a fifty percent (50%) non-federal match from the Grantee towards the work funded under this Agreement. Therefore, the Grantee is responsible for providing $246,500.00 towards the Project funded under this Agreement. It is understood that any additional funds necessary for the completion of this project are the responsibility of the Grantee. All required matching funds shall meet the federal requirements established in 2 CFR § 200.306 and other federal statutory requirements, as applicable. Xxxxxxx acknowledges and agrees to provide eligible match types as set forth in the LWCF Federal Financial Assistance Manual xxxxx://xxx.xxx.xxx/subjects/lwcf/lwcf-manual.htm). Xxxxxxx acknowledges and agrees not to provide ineligible match sources, including real property acquired or funds obtained from any of the following sources: a. Florida Recreation Development Assistance Program (FRDAP), Recreation Trails Program (RTP), and LWCF; b. Donated value of real property acquired prior to Department approval or through Land and Water Conservation Fund; and c. Other state or federal grant or land acquisition programs such as: legislative special interest projects, Save Our Coast Program, Preservation 2000, Florida Forever, Conservation and Recreation Lands Program, Save Our Rivers Program, and Land Acquisition Trust Fund. Real property donated as all, or part of the Grantee’s required match must be appraised prior to commencement of the Project. Pursuant to subsection 62D-5.071(9), F.A.C., the Grantee shall submit appraisal(s), obtained at its own expense and prepared in accordance with the Uniform Appraisal Standards for Federal Land Acquisitions (“UASFLA”). The appraisal must establish the fair market value of the Project site. Property appraised at $500,000 or less requires one (1) appraisal. Property exceeding $500,000 in appraised value requires a second appraisal. The appraisal(s) shall be dated no earlier than six (6) months prior to the closing date of the LWCF application submission period. The appraisal must be prepared by an appraiser on the list of approved appraisers maintained by the Department’s Division of State Lands under the provisions of Sections 253.025(6)(b), 259.041(7)(c), F.S., and Rule 18-1.007, F.A.C. Property value is based on the purchase price or appraised value, whichever is lower; if two

Match Requirements. This Agreement requires at least a fifty percent (50%) non-federal match from the Grantee towards the work funded under this Agreement. Therefore, the Grantee is responsible for providing $246,500.00 400,000.00 towards the Project funded under this Agreement. It is understood that any additional funds necessary for the completion of this project are the responsibility of the Grantee. All required matching funds shall meet the federal requirements established in 2 CFR § 200.306 and other federal statutory requirements, as applicable. Xxxxxxx Grantee acknowledges and agrees to provide eligible match types as set forth in the LWCF Federal Financial Assistance Manual xxxxx://xxx.xxx.xxx/subjects/lwcf/lwcf-manual.htm). Xxxxxxx Grantee acknowledges and agrees not to provide ineligible match sources, including real property acquired or funds obtained from any of the following sources: a. Florida Recreation Development Assistance Program (FRDAP), Recreation Trails Program (RTP), and LWCF; b. Donated value of real property acquired prior to Department approval or through Land and Water Conservation Fund; and c. Other state or federal grant or land acquisition programs such as: legislative special interest projects, Save Our Coast Program, Preservation 2000, Florida Forever, Conservation and Recreation Lands Program, Save Our Rivers Program, and Land Acquisition Trust Fund. Real property donated as all, or part of the Grantee’s required match must be appraised prior to commencement of the Project. Pursuant to subsection 62D-5.071(9), F.A.C., the Grantee shall submit appraisal(s), obtained at its own expense and prepared in accordance with the Uniform Appraisal Standards for Federal Land Acquisitions (“UASFLA”). The appraisal must establish the fair market value of the Project site. Property appraised at $500,000 or less requires one (1) appraisal. Property exceeding $500,000 in appraised value requires a second appraisal. The appraisal(s) shall be dated no earlier than six (6) months prior to the closing date of the LWCF application submission period. The appraisal must be prepared by an appraiser on the list of approved appraisers maintained by the Department’s Division of State Lands under the provisions of Sections 253.025(6)(b), 259.041(7)(c), F.S., and Rule 18-1.007, F.A.C. Property value is based on the purchase price or appraised value, whichever is lower; if two

Match Requirements. This Agreement requires at least a fifty percent (50%) non-federal match from the Grantee towards the work funded under this Agreement. Therefore, the Grantee is responsible for providing $246,500.00 200,000.00 towards the Project funded under this Agreement. It is understood that any additional funds necessary for the completion of this project are the responsibility of the Grantee. All required matching funds shall meet the federal requirements established in 2 CFR § 200.306 and other federal statutory requirements, as applicable. Xxxxxxx Grantee acknowledges and agrees to provide eligible match types as set forth in the LWCF Federal Financial Assistance Manual xxxxx://xxx.xxx.xxx/subjects/lwcf/lwcf-manual.htm). Xxxxxxx Grantee acknowledges and agrees not to provide ineligible match sources, including real property acquired or funds obtained from any of the following sources: a. Florida Recreation Development Assistance Program (FRDAP), Recreation Trails Program (RTP), and LWCF; b. Donated value of real property acquired prior to Department approval or through Land and Water Conservation Fund; and c. Other state or federal grant or land acquisition programs such as: legislative special interest projects, Save Our Coast Program, Preservation 2000, Florida Forever, Conservation and Recreation Lands Program, Save Our Rivers Program, and Land Acquisition Trust Fund. Real property donated as all, or part of the Grantee’s required match must be appraised prior to commencement of the Project. Pursuant to subsection 62D-5.071(9), F.A.C., the Grantee shall submit appraisal(s), obtained at its own expense and prepared in accordance with the Uniform Appraisal Standards for Federal Land Acquisitions (“UASFLA”). The appraisal must establish the fair market value of the Project site. Property appraised at $500,000 or less requires one (1) appraisal. Property exceeding $500,000 in appraised value requires a second appraisal. The appraisal(s) shall be dated no earlier than six (6) months prior to the closing date of the LWCF application submission period. The appraisal must be prepared by an appraiser on the list of approved appraisers maintained by the Department’s Division of State Lands under the provisions of Sections 253.025(6)(b), 259.041(7)(c), F.S., and Rule 18-1.007, F.A.C. Property value is based on the purchase price or appraised value, whichever is lower; if twotwo (2) appraisals are required, the property value is lowest of the two appraisals or the purchase price. Appraisal costs shall not be reimbursed under the terms and conditions of this Agreement. If the negotiated purchase price or approved appraised value is greater than the annual appropriation by USDOI, NPS and the Florida Legislature, the Grantee must pay the additional cost.

Match Requirements. This Agreement requires at least a fifty percent (50%) non-federal match from the Grantee towards the work funded under this Agreement. Therefore, the Grantee is responsible for providing $246,500.00 850,000.00 towards the Project funded under this Agreement. It is understood that any additional funds necessary for the completion of this project are the responsibility of the Grantee. All required matching funds shall meet the federal requirements established in 2 CFR § 200.306 and other federal statutory requirements, as applicable. Xxxxxxx acknowledges and agrees to provide eligible match types as set forth in the LWCF Federal Financial Assistance Manual xxxxx://xxx.xxx.xxx/subjects/lwcf/lwcf-manual.htm). Xxxxxxx acknowledges and agrees not to provide ineligible match sources, including real property acquired or funds obtained from any of the following sources: a. Florida Recreation Development Assistance Program (FRDAP), Recreation Trails Program (RTP), and LWCF; b. Donated value of real property acquired prior to Department approval or through Land and Water Conservation Fund; and c. Other state or federal grant or land acquisition programs such as: legislative special interest projects, Save Our Coast Program, Preservation 2000, Florida Forever, Conservation and Recreation Lands Program, Save Our Rivers Program, and Land Acquisition Trust Fund. Real property donated as all, or part of the Grantee’s required match must be appraised prior to commencement of the Project. Pursuant to subsection 62D-5.071(9), F.A.C., the Grantee shall submit appraisal(s), obtained at its own expense and prepared in accordance with the Uniform Appraisal Standards for Federal Land Acquisitions (“UASFLA”). The appraisal must establish the fair market value of the Project site. Property appraised at $500,000 or less requires one (1) appraisal. Property exceeding $500,000 in appraised value requires a second appraisal. The appraisal(s) shall be dated no earlier than six (6) months prior to the closing date of the LWCF application submission period. The appraisal must be prepared by an appraiser on the list of approved appraisers maintained by the Department’s Division of State Lands under the provisions of Sections 253.025(6)(b), 259.041(7)(c), F.S., and Rule 18-1.007, F.A.C. Property value is based on the purchase price or appraised value, whichever is lower; if two