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Item 8h: Attachment R. It reasonably expects to possess the ownership interest in the Real Properry and, if applicable, Facility described Section 2.02 for the entire Useful Life of the Real Property and, if applicable, Facility, and it does not expect to sell such ownership interest. S. It does not reasonably expect to receive payments under a Use Contract in ercess of the amount the Public Entity needs and is authorized to use to pay the operatin� expenses of the portion of the Real Property and, if applicable, Faciliry that is the subject of the Use Contract or to pay the principal, interest, redemption premiums, and other expenses on any Approved Debt. T. It will supply, or cause to be supplied, whatever funcis are needed above and beyond the amount of the Pro�ram Grant to complete and fully pay for the Project. U. It has or will promptly record a fully executed Declaration with the appropriate governmental office and deliver a copy thereof to the State Entiry and to Minnesota Mana�ement and Bud�et (attention: Capital Projects Mana�er) that contains all of the recordin� information. V. The Useful Lifz of the Real Property and, if applicable, F�cility is years. �V. It shall fumish such satisfactory evidence regardin� the representations and warranties described herein as mav be required and requested by either the State Entity or the Commissionei- of i�iv1B. Section 2.06 Or�-nership by Leasehold or Ensement. Tlzis Se��iofz shall c��lv ��pplti� �f the Public Entitt�'s oti��nership inter�est iiz tlae Real Py�oper•ty, t{�e Facilit��, rf applicable, or� botl2 is bv ticrv of a Recll Py-operty/Fc�cilitv Lease or can euse�raent. Fo�• all otheY circumstcinces tlzis Section is not yiee�lec/ cand slzo«l�l he i�rzored �lntl t�•ecltecl as if it ti��e left hlank ancl a�iti� reference to this Section in this �=�Qreenacnt shall he i�r�orecl ancl treaf��l cis if tlie refererice dirl not exist. A. A Real Property'Facility Lease or easement must comply with the following provisions. 1. It must be in form and contents acceptable to the Commissioner of MNIB, and specifically state that it may not be modified, restated, amended, chan�ed in any way, or prematurely terminated or caneelled without the priur written consent and authorization by the Commissioner of MVIB. 2. It must be for a teim that is equal to or ;reater than 12�% of the Useful Life of the Real Property and, if applicable, Facility, or such other period of time specifically authorized by a Nlinnesota statute, rule or session law. Generic GU Bond Proceeds 1 1 Grant A_reement Yor Pro_ram End Grants Ver— 6/30i l 1