FP-1R Floodplain restricted

This property was purchased under the Hazard Mitigation Grant Program, authorized by Section 404 of the Robert T. Stafford Disaster Relief and Emergency Assistance Act of 1988, PL 93-288 as amended; and the state has entered into a cooperative agreement with the city to use the property as described hereafter under the terms and conditions there under:

• The premises shall only be used for purpose consistent with open space, recreational, or wetlands management purposes (as defined in Title 44, Code of Federal Regulations part 206.434, as it appears now or may hereafter be amended).

• No future disaster assistance for any purpose from any federal source will be sought or provided with respect to the property.

• There shall not be erected on the premises any new structures or other improvements other than rest rooms, or public facility that is open on all sided and functionally related to open space uses.

• The city agrees that it shall convey the property only to another public entity and only with prior approval from GEMA and the Regional Director of FEMA.   Such conveyance shall be made expressly subject to the above-referenced conditions and restrictions which shall run with the property in perpetuity.  In addition, for property that is transferred to another public entity;  that public entity must obtain approval from GEMA and the Regional Director of FEMA to convey the property to another public entity.