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2007-05-23 CC Set Agenda & Handouts
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2007-05-23 CC Set Agenda & Handouts
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<br />''Usee'' - means any entity with which the Public Entity contracts Under a Use <br />Contract. <br /> <br />Article n <br />GRANT <br /> <br />Section 2.01 Gran~ of Monies. The State Entity shall issue the Grant -to. the Public <br />Entity based on the Application submitted to the State Entity and incorporated into this <br />Agreement, and disburse the proceeds in accordance with the provisions of this Agreement The <br />Grant is not intended to be a loan. <br /> <br />Section 2.02 Use of Grant Proceeds. The Public Entity shall use the Grant solely to <br />reimburse itself for expenditures it has already made, or will make, in the performance of the <br />following activities: <br /> <br />(Check all appropriate boxes.) <br />o Acquisition of fee simple title to the Real Property; <br />o Acquisition of a leasehold interest in the Real Property; <br /> <br />o Acquisition of an easement on the Real Property; <br /> <br /> <br />lEI Improvement ~fthe Real Property, <br /> <br /> <br />o Acquisition of the Facility, <br /> <br /> <br />o Improvement of the Facility, <br /> <br /> <br />D Renovation or rehabilitation of the Facility, <br /> <br /> <br />D Construction of the publicly-owned Facility, or <br /> <br />IKJ Other: Demolition of structures. <br /> <br />Section 2.03 Operation of the Real Property and Facility. The Public Entity shall <br />operate the Real Property and, if applicable, the Facility, or cause it to be operated, as public <br />infrastructure. or for such o1:l:1er use as the Minnesota legislature may from time to time designate, <br />and may enter into Use Contracts with Usees to so operate the Real Property and, if applicable, <br />the Facility; provided that such Use Contracts must have been .approved, in writing, by the State <br />Entity and the Commissioner of Finance and fully comply with all of the provisions contained in <br />Section 3.01. The Public Entity shall also annually determine that" the Real Property and, if <br />applicable, the Facility are being so used, and shall annually supply a statement, sworn to before <br />a notary public, to such effect to both the State Entity and the Commissioner of Finance. <br /> <br />Generic GO Bond Proceeds <br />Grant Agreement for Construction Grants <br /> <br />4 <br />RDGP-07-0004-0-FY07 <br /> <br />Ver- 1212006 <br />(Gnrc GO GA-Cnstrctn Gmt) <br />
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