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TABLE OF CONTENTS <br />RECITALS <br />Article I -DEFINITIONS 2 <br />Section 1.01 -Defined Terms 2 <br />Article II -GRANT 6 <br />Section 2.01 - Grant of Monies 6 <br />Section 2.02 - Public Ownership 6 <br />Section 2.03 - Use of Grant Proceeds 7 <br />Section 2.04 - Operation of the Real Property and Facility 7 <br />Section 2.05 - Public Entity Representations and Warranties 8 <br />Section 2.06 - Ownership by Leasehold or Easement 10 <br />Section 2.07 - Event(s) of Default 12 <br />Section 2.08 - Remedies 13 <br />Section 2.09 - Notification of Event of Default 14 <br />Section 2.10 - Survival of Event of Default 14 <br />Section 2.11 - Term of Grant Agreement 14 <br />Section 2.12 - Modification and/or Early Teni7ination of Grant 14 <br />Section 2.12 - Excess Funds 15 <br />Article III -USE CONTRACTS 15 <br />Section 3.01 -General Provisions 15 <br />Section 3.02 -111itial Term and Renewal 17 <br />Section 3.03 -Reimbursement of Counterparty 17 <br />Section 3.04 -Receipt of Monies Under a Use Contract 18 <br />Article IV -SALE 18 <br />Section 4.01 -Sale 18 <br />Section 4.02 -Proceeds of Sale 19 <br />Article V -COMPLIANCE WITH G.O. COMPLIANCE LEGISLATION <br />AND THE COMMISSIONER'S ORDER 20 <br />Section 5.01 -State Bond Financed Property 20 <br />Section 5.02 -Preservation of Tax Exempt Status 20 <br />Section 5.03 -Changes to G.O. Compliance Legislation or the <br />Commissioner's Order 21 <br />Article VI -DISBURSEMENT OF GRANT PROCEEDS 21 <br />Section 6.01 -Draw Requisitions 21 <br />Section 6.02 -Additional Funds 22 <br />Section 6.03 -Condition Precedent to Any Advance 22 <br />Section 6.04 -Construction Inspections 24 <br />DEED Greater MN Business Development Public Infrastructure Program 1 Ver- 2/16/10 <br />Grant Agreement for Construction Grants (DEED GO GA-Cnstrcm Grnt) <br />