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<br />. <br /> <br />. <br /> <br />. <br /> <br />TAX BASE REVITALIZATION ACCOUNT <br /> <br />GRANTEE: City of Arden Hills I GRANT NO. SG006-0n <br /> ---- -- - ! <br />PROJECT: Gateway Ccntcr <br />~-- --- -- <br />GRANT AMOUNT: $200,000.00 FUNDING CYCLE: Spring 2006 <br />-~--- ---- <br />COUNCIL ACTION: June 28, 2006 END DATE: June 30, 2008 <br /> <br />METROPOLIT AN LIVABLE COMMUNITIES ACT <br />GRANT AGREEMENT <br /> <br />THIS GRANT AGREEMENT ("Agrccmcnt") is made and cntcred into by the Metropolitan <br />Council ("Council") and thc Municipality or Development Authority idcntified above as "Grantee." <br /> <br />WHEREAS, Minnesota Statutes scction 473.251 creates the Metropolitan Livable Communities <br />Fund, the uses of which fund must be consistent with and promotc the purposes of the Metropolitan <br />Livable Communities Act and the policies of the Council's Metropolitan Developmcnt Guide; and <br /> <br />\VlIEREAS, Minnesota Statutes sections 473.251 and 473.252 establish within the Metropolitan <br />Livable Communities Fund a Tax Base Revitalization Account and require thc Council to use the <br />funds in the account to make grants to Municipalitics or Dcvelopmcnt Authorities for the eleanup of <br />polluted land in thc seven-county mctropolilan area; and <br /> <br />WHEREAS, the Grantcc is a Municipality or a Dcvclopment Authority as defined in Minnesota <br />Statutes section 473.252, subdivisions I and 1 a; and <br /> <br />WHEREAS, the Grantcc seeks funding in connection with an application I(Jr Tax Base <br />Revitalization Account funds submitted in rcsponse to the Council's notice of availability of grant <br />nmds for the "Funding Cycle" identified abovc and will use thc grant funds made available under <br />this Agrccment to help nmd the project identified in the application; and <br /> <br />\VHEREAS, thc Council a\varded Tax Base Revitalization Account grant funds to thc Grantcc <br />subject to any terms, conditions or clarifications statcd in its Council Action, and witb the under- <br />standing that the project identified iu the application will proceed to completion in a timely manner <br />and all grant funds will be expended prior to the "End Date" identified above. <br /> <br />NO\V THEREFORE, in reliance on the above statemcnts and in consideration of the mutual <br />promises and covenants contained in this Agreement, the Grantee and thc Council agree as 1()lIows: <br /> <br />1. DEFINITIONS <br /> <br />1.01 Definition of Terms. The terms defined in this paragraph havc the meanings given them in <br />this paragraph unless othcrwise provided or indicated by the context. <br /> <br />Page J of9 Pages <br /> <br />Ilt'f <br />