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<br />. <br /> <br />STATE OF MINNESOTA <br />DEPARTMENT OF EMPLOYMENT AND ECONOMIC DEVELOPMENT <br />BUSINESS AND COMMUNITY DEVELOPMENT DNISION <br /> <br />Contamination Cleanup Program Grant Agreement <br />CCGP-06-0019-Z-FY06 <br /> <br />This Agreement is made on June 23, 2006, between the State of Minnesota, acting through the Department of <br />Employment and Economic Development (hereinafter the Grantor) and the City of Arden Hills (hereinafter the <br />Grantee). <br /> <br />The Grantor has been allocated funds by the Minnesota Legislature to the contaminated site cleanup and <br />development account in the general fund (M.S. 116J.551) and from the Petro fund account to make grants <br />pursuant to M.S. 116J.554. <br /> <br />The Grantee has made application to the Grantor for a Contamination Cleanup Grant described in Grantee's <br />"APPLICATION" for the Gateway Business Center Site, which is incorporated into this agreement by reference. <br /> <br />In consideration of mutual promises set forth below, the parties agree as follows: <br /> <br />The Grantor shall grant to the Grantee the total sum of SIX HUNDRED THOUSAND DOLLARS ($600,000), <br />which are state funds appropriated by the legislature of the State of Minnesota. The breakdown of the total <br />.grant amount is as follows: <br /> <br />$279,777: Remediation Fund, Fund 331, Org 1404, App 101. <br />$320,223: General Fund, Fund 100, Org 1404, App I G6. <br /> <br />Funds made available pursuant to the Agreement shall be used as "PROJECT COSTS" defined in <br />M.S. I 16J.552, subd. 7, for purposes speeified therein and incorporated into the Agreement as "PROJECT" and <br />specified under "SPECIAL CONDITIONS". <br /> <br />Grantee agrees to complete the Project in accordance with the approved budgct and within the time frames <br />specified in the Application and Agreement. Any material change in the seope of the Project, the Budget or the <br />Completion Date must be approved in writing by the Grantor. <br /> <br />Funds made available pursuant to this agreement shall be used only for expenses incurred in performing and <br />accomplishing such purposes and activities during the grant period described above. Notwithstanding all other <br />provisions of this agreement, it is undcrstood that any reduction or termination of state funds provided to the <br />Grantor may result in a like reduction to the Grantee. <br /> <br />Wherc provisions of the Grantee's application are inconsistent with other provisions of this Agreement, the <br />other provisions of this Agreement shall take precedence over the provisions of the Application. <br /> <br />. <br /> <br />current version, 06/2006 <br /> <br />1 <br />