Laserfiche WebLink
Document management portal powered by Laserfiche WebLink 9 © 1998-2015 Laserfiche. All rights reserved.
If any of the funds included under the source of funds have conditions precedent to the <br />release of such funds, then the Public Entity must provide to the State Entity and the <br />Commissioner a detailed description of such conditions and what is being done to satisfy such <br />conditions. <br />The Public Entity shall also supply whatever other information and documentation that the <br />State Entity or the Commissioner may request to support or explain any of the information <br />contained in Attachment III to this Agreement. <br />The value of the Public Entity's ownership interest in the Real Property and, if applicable, <br />Facility should only be shown in Attachment III to this Agreement if such ownership interest is <br />being acquired and paid for with funds shown in such Attachment III, and for all other <br />circumstances such value should be shown in the definition for Ownership Value in Section 1.01 <br />and not included in such Attachment III. <br />Section 7.25 Project Completion Schedule. The Public Entity represents to the State <br />Entity and the Commissioner that Attachment IV to this Agreement correctly and accurately <br />delineates the proj ected schedule for the completion of the Proj ect. <br />Section 7.26 Third-Party Beneficiary. The Governmental Program will benefit the <br />State of Minnesota and the provisions and requirements contained herein are for the benefit of <br />both the State Entity and the State of Minnesota. Therefore, the State of Minnesota, by and <br />through its Commissioner, is and shall be a third-party beneficiary of this Agreement. <br />Section 7.27 Public Entity Tasks. Any tasks that this Agreement imposes upon the <br />Public Entity may be performed by such other entity as the Public Entity may select or designate, <br />provided that the failure of such other entity to perform said tasks shall be deemed to be a failure <br />to perform by the Public Entity. <br />Section 7.28 State Entity and Commissioner Required Acts and Approvals. The <br />State Entity and the Commissioner shall not (i) perform any act herein required or authorized by <br />it in an unreasonable manner, (ii) unreasonably refuse to perform any act that it is required to <br />perform hereunder, or (iii) unreasonably refuse to provide or withhold any approval that is <br />required of it herein. <br />Section 7.29 Applicability to Real Property and Facility. This Agreement applies to <br />the Public Entity's interest in the Real Property and if a Facility exists to the Facility. The term <br />"if applicable" appearing in conjunction with the term "Facility" is meant to indicate that this <br />Agreement will apply to a Facility if one exists, and if no Facility exists then this Agreement will <br />only apply to the Public Entity's interest in the Real Property. <br />Section 7.30 Additional Requirements. The Public Entity and the State Entity agree to <br />comply with the following additional requirements. In the event of any conflict or inconsistency <br />between the following additional requirements and any other provisions or requirement <br />Generic GO Bond Proceeds 3 5 Ver — 6/26/08 <br />Grant Agreement for Construction Grants (Gnrc GO GA-Cnstrctn Grnt) <br />