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Last modified
12/8/2016 10:19:44 AM
Creation date
10/5/2016 3:55:54 PM
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Roseville City Council
Document Type
Council Resolutions
Meeting Date
9/26/2016
Meeting Type
Regular
Resolution #
11365
Resolution Title
Approval of Grant Agreement Between Metropolitan Council and the City of Roseville for Grant Eligible Work
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Item 8h: Attachment <br />3. Any payments to be made under it by the Public Entity, whether <br />designated as rent or in any other manner, must be by way of a sin�le lump sum <br />payment that is due and payable on the date that it is first made and ent�red into. <br />4. It inust not contain any requirements or obliDations of the Public Entity <br />that if not complied with could result in a termination thereof. <br />5. It must contain a provision that provides sufficient authority to a11ow the <br />Public Entity to operate the Real Property and, if applicable, Facility in accordance <br />�vith the requirements imposed under Section 2.04. <br />6. It must not contain any provisions that would limit or impair the Public <br />Entity's operation of the Real Property and, if applicable, Facility in accordance with <br />the requirements imposed under Section 2.04. <br />7. It must contain a provision that prohibits the Lessor/Grantor from creatin� <br />or allowing, without the prior �vritten consent of the State Entity and the <br />Commissioner of MVIB, any voluntary lien or encumbrance or involuntary lien or <br />encumbrance that can be satisfied by the payment of monies and which is not being <br />actively contested against the Leased; Easement Pcemises or the Lessor's; Grantor's <br />interest in the Real Property/Facility Lease or easement, whether such lien or <br />encumbrance is superior or subordinate to the Declaration. Provided, ho�vever, the <br />State Entity and the Commissioner of NIMB will consent to any such lien or <br />encumbrance if the holder of such lien or encumbrance executes and files of record a <br />document under which such holder subordinates such lien or encumbrance to the Rea1 <br />Property;iFaciliry Lease or easement and a�ees that upon foreclosure of such lien or <br />encumbrance to be bound by and comply with all of the terms, conditions and <br />co�-enants contained in the Rzal Property�Faciliry Lease or easement as if such holder <br />had been an ori�inal Lessoi��Grantor under the Real Property,�Facility Lease or <br />easement. <br />8. It must acknowled�e the existence of this A;reement and contain a <br />provision that the terms, conditions and provisions contained in this A�reement shalt <br />control over any inconsistent or contrary terms, conditions and provisions contained <br />in the Real Property!Facility Lease or easement. <br />9. It must provide that any use restrictions contained therein only apply as <br />lon� as the Public Entity is the lessee under the Real Property/Facility Lease or <br />�rantee under the easement, and that such use restrictions will terminate and not apply <br />to any successor lessee or grantee who purchases the Public Entity's o�vnership <br />interest in the Real Property/Facility Lease or easement. Provided, however, it may <br />contain a provisions that limits the construction of any new structures on the Real <br />Property or modifications of any existing structures on the Real Property without the <br />written consent of Lessor,�Grantor, which wi11 apply to any such successor lessee or <br />grantee. <br />Generic GO Bond Proceeds l� <br />Grant Aareement for Procram End GranU <br />Ver— 6/30i l-1 <br />
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