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This is a sample declaration. The actual declaration should be drafted by <br />the Public Entity or the Public Entity's attorney and include the language <br />provided. The legal description in Exhibit A to this declaration should be <br />the same legal description listed in Attachment II to this grant agreement <br />and should only include the restricted, public property. The completed <br />declaration must be recorded by the county and a recorded copy must be <br />submitted to DEED prior to disbursement of funds. <br />Attachment I to Grant Agreement <br />DECLARATION <br />The undersigned has the following interest in the real property legally described in Exhibit <br />A attached and all facilities situated thereon (cumulatively referred to as the "Restricted <br />Property"): <br />❑ <br />❑ <br />❑ <br />(Check the appropriate box <br />a fee simple title, <br />a lease, or <br />an easement, <br />and as owner of such fee title, lease or easement, does hereby declare that such interest in the <br />Restricted Property is hereby made subject to the following restrictions and encumbrances: <br />A. The Restricted Property is bond financed property within the meaning of <br />Minn. Stat. § 16A.695 that exists as of the effective date of the grant <br />agreement identified in B hereinbelow, is subject to the encumbrance <br />created and requirements imposed by such statutory provision, and cannot <br />be sold or otherwise disposed of by the public officer or agency which has <br />jurisdiction over it or owns it without the approval of the commissioner of <br />the Minnesota Department of Finance, which approval must be evidenced <br />by a written statement signed by said commissioner and attached to the <br />deed or instrument used to sell or otherwise dispose of the Restricted <br />Property; and <br />B. The Restricted Property is subject to all of the terms, conditions, <br />provisions, and limitations contained in that certain «Insert the name of <br />the r� ant a�reement exactiv as it a�ears on the title pa�e of the �rant <br />a�reement» between «Name of �rant recipient» and the <br />« Department of Emplovment and Economic Development» , <br />dated « Effective date of �rant a�reement» ,« Year» . <br />Generic GO Bond Proceeds 3 c� <br />Grant Agreement for ProgramConstruction Grants <br />RDGP-08-0029-o-FY09 <br />Ver — 8/20/08 <br />(Gnrc GO GA-Prgrm Cnstrctn Grnt) <br />