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Senator Saunders moved the following amendment:

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     Senate Amendment (with directory and title amendments)

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     Between line(s) 2472 and 2473

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insert:

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     Section 14.  Paragraph (a) of subsection (4) of section

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342.201, Florida Statutes, is amended to read:

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     342.201  Waterfronts Florida Program.--

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     (4)  The program is responsible for:

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     (a)  Implementing the Waterfronts Florida Partnership

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Program. The department, in coordination with the Department of

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Environmental Protection, shall develop, by rule, procedures and

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requirements governing program eligibility, application

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procedures, and application review. The department may provide

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financial assistance to eligible local governments to develop

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local plans to further the purpose of the program. In recognition

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of limited funding, the department may limit the number of local

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governments assisted by the program based on the amount of

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funding appropriated to the department for the purpose of the

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program.

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     Section 15.  Section 342.2015, Florida Statutes, is created

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to read:

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     342.2015 Waterfronts Florida Program; Florida Forever.-

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(1) A local government may submit no more than one grant

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application to the Florida Communities Trust in the Department of

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Community Affairs during each application period announced by the

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department for recreational and commercial working waterfronts as

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defined in s. 342.201(2)(b). The project grant to waterfront

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communities shall be for the acquisition of lands and capital

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project expenditures necessary to implement the projects

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identified in the community-designed vision plan and which meet

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the criteria of by s. 342.201. All acquisitions pursuant to this

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section shall be titled in the name of the local government. The

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trust shall annually compile and submit a list of eligible

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projects to the Board of Trustees of the Internal Improvement

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Trust Fund for approval.

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(3) The Board of Trustees shall review applications and

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approve grant funds to eligible projects identified pursuant to

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s. 342.201. For projects that will require more than the grant

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amount awarded for completion, the applicant must identify

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funding sources that will provide the difference between the

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grant award and the estimated project completion cost.

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(4) Waterfront communities that receive grant awards must

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submit semiannual progress reports to the department identifying

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how funds are expended, project activities which are completed,

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and the progress achieved in meeting the goals of the community-

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designed vision plan. The department must implement a process to

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monitor and evaluate the performance of grant recipients in

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completing projects that are funded through the Waterfronts

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Florida Program.

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(5) Grant proceeds shall be used solely for the purposes

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authorized pursuant to s. 215.618.

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(6) There shall be no sale, disposition, lease, easement,

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license, or other use of any land, water areas, or related

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property interests acquired or improved with grant proceeds which

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would cause all or any portion of the interest paid on Florida

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Forever bonds to lose the exclusion from gross income for federal

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income tax purposes.

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(7) All deeds or leases with respect to any real property

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acquired with funds received by the department from the Florida

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Forever Trust Fund shall contain such covenants and restrictions

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as are sufficient to ensure that the use of such real property at

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all times complies with s. 11(e), Art. VII of the State

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Constitution. Each deed or lease shall contain a reversion,

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conveyance, or termination clause that will vest title in the

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Board of Trustees of the Internal Improvement Trust Fund if any

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of the covenants or restrictions are violated by the titleholder

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or leaseholder or by some third party with the knowledge of the

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titleholder or leaseholder.

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     Section 16.  Section 342.20155, Florida Statutes, is created

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to read:

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     342.20155 Rulemaking.-- The Department of Community Affairs

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is authorized to adopt rules pursuant to the provisions of ss.

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120.536(1) and 120.54 to implement the provisions of the ss.

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342.201 and 342.2015.

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(renumber subsequent sections)

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================ T I T L E  A M E N D M E N T ================

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And the title is amended as follows:

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     Delete line(s) 89

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and insert:

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increasing bonding authority; amending s. 342.201, F.S.;

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providing that the Department of Community Affairs adopt

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criteria by rule; creating s. 342.2015, F.S.; establishing

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a funding mechanism for the Waterfronts Florida Program

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through Florida Forever; providing eligible projects meet

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certain conditions; amending s. 373.089,

4/15/2008  8:27:00 PM     EP.37.07748