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<br />Example Minnesota Management and Budget <br />Certification- Waiver from Filing Requirements <br />State of Minnesota <br />General Obligation Bond Financed Property <br /> <br /> The undersigned has a fee simple, leasehold and/or easement interest in the real property <br />located in the County(ies) of _____________, State of Minnesota that is generally described or <br />illustrated graphically in Exhibit A attached and all facilities situated thereon (the “Restricted <br />Property”) and acknowledges that the Restricted Property is or may become State bond-financed <br />property. To the extent that the Restricted Property is or becomes State bond-financed property, <br />the undersigned acknowledges that: <br /> <br />A. The Restricted Property is state bond financed property within the meaning <br />of Minn. Stat. Sec. 16A.695, is subject to the encumbrance created and <br />requirements imposed by such statute, and cannot be sold, mortgaged, <br />encumbered or otherwise disposed of without the approval of the <br />Commissioner of Minnesota Management and Budget; <br /> <br />B. The Restricted Property is subject to the provisions of the <br />_________________________________________________________ [title of <br />grant or loan agreement] between ________________________________ <br />[State agency providing the grant or loan] and <br />_____________________________________ [name of undersigned grantee or <br />borrower], dated ________________, 20___; and <br /> <br />C. The Restricted Property shall continue to be deemed state bond <br />financed property for 125% of the useful life of the Restricted Property or until <br />the Restricted Property is sold with the written approval of the Commissioner <br />of Minnesota Management and Budget. <br /> <br />Date: __________________, 20____ <br /> <br />_____________________________________, a <br />________________________________ [name <br />and description of the grantee or borrower] <br /> <br />By: ________________________________ <br />Name: _______________________________ <br />Title: _______________________________ <br /> <br /> <br />By: ________________________________ <br />Name: _______________________________ <br />Title: _______________________________