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<br />TABLE OF CONTENTS <br /> <br />RECITALS 1 <br /> <br />ARTICLE I - DEFINITIONS <br />Section 1.01- Defined Terms 1 <br /> <br />ARTICLE n - GRANT <br />Section 2.01 -:- Grant of Monies 4 <br />Section 2.02 - Use of Grant Proceeds 4 <br />Section 2.03 - Operation of the Real Property and Facility 4 <br />Section 2.04 - PUblic Entity Representations and Warranties 5 <br />Section ~.05 - Evetl.t{s) of Default 8 <br />Section 2.06 - Remedies 8 <br />Section 2.07 - Notification of Event of Default 9 <br />Section 2.08 - TerminationIModification of Grant 9 <br />Section 2.09 - Effect of Event of Default 10 <br /> <br />ARTICLE ill - USE CONTRACT AND SALE <br />Section 3.01- Use Contracts 10 <br />Section 3.02 - Receipt of Monies Under a Use Contract 11 <br />Section 3.03 - Sale 12 <br />Section 3.04 - Proceeds of a Sale 12 . <br /> <br />ARTICLE N - COMPLIANCE WITH G.O. COMPLIANCE LEGISLA.TION <br />AND TIIE COMMISSIONER'S ORDER <br />Sectio,n 4.01 - State Bond Financed Property 13 <br />Se<;:tion 4.02 - Preservation of Tax Exempt Status 13 <br />Section 4.03 - Changes to G.O. Compliance Legislation or the <br />Commissioner's Order 14 <br /> <br />ARTICLE V- -DISBURSEMENT OF GRANT PROCEEDS <br />Section 5.01 - Payment Requests 14 <br />Section 5.02 - Additional Funds from Borrower 14 <br />Section 5.03 - Condition Precedent to Any Disbursement 14 <br />Section 5.04 - Construction Inspections 17 <br /> <br />ARTICLE VI - MISCELLANEOUS <br />Section 6.01 - Insurance 17 <br />Section 6.02 - Condemnation 18 <br />Section 6.03 - Use, Maintenance, Repair and Alterations 18 <br />Section 6.04 - Records Keeping and Reporting 19 <br />Section 6.05 - Inspection of Facility After Completion 20 <br />Section 6.06 - Data Practices 20 <br />Section 6.07 - Non-Discrimination 20 <br /> <br />Generic GO Bond Proceeds <br />Grant Agreement for Construction Grants <br /> <br />ii <br />RDGP-07-0004-o-FY07 <br /> <br />Ver-1212006 <br />(Gnrc GO GA-Cnstrctn Gmt) <br />