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t��,:�-�c��=����:��t€�� :�c:��1€��:�� <br />�)i�.���:i.c)���li�:�r"! (31i-1���' l�ftr}(,1�.4�1 <br />i. D�FTNITIONS <br />�.Ol Definitio� af Terrr►s. "T-he ierms defined in this paragraph have the rr�eanin�s given them in <br />this paragraph unless otherwise pravided or indicated by the cantext. <br />(a) Couiicil Action. "Council Action" rneans the action or c�eeision of the gove�-ning body of the <br />Me#ropo€itar� Councii, on the nleeting date identified ai Page I of this Agreement, by which the <br />Grantee was awarded �,ivable CommUnit�es Demonsti•ation Account funds. <br />(b) Cnunty. "Coun�y" means Anoka, Caraer, Dakota, Hennepin. Rarnsey, Scott and ���ashingto�� <br />Caunties. <br />(c) De��elopnient Aut/rority, "Development A«t�arity" means a statutory or home rule charier city, <br />a ho�sing and redeve�opme�t authorit}r, a�� econc�mic developrnent autllority, or a pa3�t authoriry <br />in ihe Metrapolitan Area. <br />(d) h�etrnpnlitaa A.rer�. "Mefropoiitan Area" mear3s tlte seven-couniy meirop�litan ar-ea as def'Ened <br />by Mii�nesata Stawtes sectia�� 473.121, subdivision 2. <br />(e} Municipalit��. "Municapality" nteans a siatuEory or home rule c�arfer city or town participating <br />in the ]_.ocal 1-iousing lncentives Account Prograin �nder Mir�i�esoia Statt�tes sectic,n q73.254. <br />(n Participafin�� l��unicij�alit��. "Participating Municipality" rneans a siatuiory or home rule c�tarter <br />cit�� or town which has elecied to participate in the Local Hot�sing inceniive Accc�unt program and <br />negotiated af#`ordabi�; and tife-cycle housing g�a�s tor t]�e Municipaiiry �ursuant to 1��innesota <br />Statutes section 473.254. <br />(g} F'roject: Unless clearl} indicaied otherwise by the contexi of a speci�ic provision in this A�;reeir�ent, <br />"Project" means the de�elopn�ent or redeveloprnent prajeci identrtted in the application for <br />De���onstraiion Account funds for whicl� grani funds were requested. Grant-funded activities <br />rypically are camponents of €he Project. <br />11. GRANT FiJNDS <br />2.01 Total Gra��t Amount. Tt�e Co�ncil wi31 grar�t ro the Grante.e the "Grant Amou�t" identified at <br />Page � oiti�is Agree�nent «hich shaEl be funds from the Livable Cor€vnur3iEies De�i�o�lsffation Accaunt <br />of the Metropotitan �,ivable Corrunu�ities Fund. No�withs�anding at�y other �rovision. of this Agreement, <br />if�e Grantee �3nderstands anc� agrees that any reduction ar tertr�ination of Livable Communities <br />Den�ansiration AccoUnt grant funds made available to the Counc�l n�ay resuEi ir� a�ike reducEion in t�e <br />Gras�t Amourat nlade available to tE�e Grantee_ <br />2.02 Author•ized Use of Grani Fvnds. The Grant AmounE made availat�le to the Grantee under <br />this Agreert�e��t shal! be used only for the purposes and activities descri�ied in t�ie application for <br />Livable Con�munities Demonstration Account g�-ant �ur�ds. A Project st�mmary Ehat describe� eligibie <br />uses of the grani fi.inds as appi-oved by ihe Council is attached to a.��d incorporated intio tliis Agreement <br />as Attachr��ent A. Grant fi,nds �-r�ust be used to fi��d the initiatives specified in Minnesota Statutes <br />1'age 2 af 9 �ages <br />��3 <br />