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Item 8h: Attachment if the Public Entiry eriters into an ngr'eement tirith nnother partv urz�ler tichich such other parry will operate the Real Properry, and/or if applicnble, Facilitv. For all other circ��mstances t�lis definition is not needed and shoa�lcl be i�norecl cznd tr•ecited as if it ticere le t blcank, ancl anv re erence to this terrn in this A�r-eement slzclll be i�nored cancl treatecl �is ifthe reference dicl not exist. `'Useftil Life of the Real Property and, if applicable, Facility" — means the tertn set forth in Section 2.OS.V, which was derived as follo�vs (i) 30 �ears for Real Property that has no structure situated thereon or if any structures situated thereon will be removed, and no new structures will be constructed thereon, (ii) the remainin� useful life of the Facility as of the effective date of this A�reement for Facilities that are situated on the Real Property as of the date of this A;reement, that �vill remain on the Real Property, and that �vill not be bettered, or (iii) the useful life of the Facility after the completion of the construction or betterments for Facilities that are to be constructed or bettered. Article II GR�NT Section 2.01 Grant of �Ionies. The State Entity shall make and issue the Pro�am Grant to the Publie Entiry and disburse the proceeds in accordance with the provisions of this A�reement. The Pro�ram Grant is not intended to be a loan even thou�h the portion thereof that is disbursed may need to be returned to the State Entity or the Commissioner of 1VI��'IB under certain circumstances. Section 2.0? Public O��nership. The Public Entity ackno�vlzd�es and a�rees that the ProQram Grant is bein� funded with the proceeds of G.O. Bonds, and as a result thereof all of the Real Property and, if applicable, Facility must be o��ned by one or more public entities. Such o�vnership may be in the form of fee ownership, a Real Property�'Facility Lease, or an easement. In order to establish that this public o��'nership requirement is satis�ied, the Public Entity represents and �ti�arrants to the StaTe Entity that it has, or will acquire, the followin� ownership interests in the Real Property and, if applicable, Facility, and, in addition, that it possess, or will possess, all easements necessary for the operation, maintenance and management of the Real Property and, if applicable, Facility in the manner specified in Section 2.04: (Check the appropriate box for the Real Property and, if applicable, for the Facility.) Ownership Interest in the Real Property. � Fee simple ownership of the Real Property. � A Real Property�Facility Lease foe the Real Property that complies with the requirements contained in Section 2.06. (If the term of the Real Property/Facility Lease is for a term authorized by a Minnesota statute, rule or session law, then insert the citation: 6 Ver — 6/30/ L� Generic GO Bund Proceed� Grnnt A�reement for Pro�ram End Grant�