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4.5. SR 07-09-2012
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4.5. SR 07-09-2012
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7/6/2012 4:13:19 PM
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7/9/2012
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requirements contained in Section 2.06. <br />[If the term of the Real Property/Facility Lease is for a term authorized by a <br />Minnesota statute, rule or session law, then insert the citation at this point <br />.] <br />Not applicable because there is no Facility. <br />Section 2.03 Use of Grant Proceeds. The Public Entity shall use the Program Grant <br />solely to reimburse itself for expenditures it has already made in the performance of the <br />following activities, and may not use the Program Grant for any other purpose. <br />(Check all appropriate boxes.) <br />Acquisition of fee simple title to the Real Property. <br />Acquisition of a leasehold interest in the Real Property <br />Acquisition of an easement for the Real Property. <br />X^ Improvement of the Real Property. <br />Acquisition of fee simple title to the Facility. <br />Acquisition of a leasehold interest in the Facility. <br />~X Construction of the Facility. <br />Renovation of the Facility. <br /> <br />(Describe other or additional purposes.) <br />Section 2.04 Operation of the Real Property and Facility. The Real Property and, if <br />applicable, Facility must be used by the Public Entity or the Public Entity must cause such Real <br />Property and, if applicable, Facility to be used for those purposes required by the State Program <br />and in accordance with the information contained in the Grant Application, or for such other <br />purposes and uses as the Minnesota legislature may from time to time designate, and for no other <br />purposes or uses. <br />The Public Entity may enter into Use Contracts with Counterparties for the operation of all <br />or any portion of the Real Property and, if applicable, Facility; provided that all such Use <br />Contracts must have been approved, in writing, by the Commissioner of M1VIB and fully comply <br />with all of the provisions contained in Sections 3.01, 3.02 and 3.03. <br />Section 2.05 Public Entity Representations and Warranties. The Public Entity <br />further covenants with, and represents and warrants to DEED as follows: <br />DEED Greater MN Business Development Public Infrastructure Program 7 Ver- 2/16/10 <br />Grant Agreement for Construction Grants (DEED GO GA- Cnstrctn Grnt) <br />
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