4.15. SR 07-06-2015 - Laserfiche WebLink

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MINNESOTA PUBLIC FACILITIES AUTHORITY PROJECT GRANT AGREEMENT POINT SOURCE IMPLEMENTATION GRANT MPFA-15-0040-R-FY15 THIS PROJECT GRANT AGREEMENT (the "Agreement"), is between the Minnesota Public Facilities Authority (the "Authority") and the City of Elk River (the "Grantee") and is dated June 30, 2015. ARTICLE I - GRANT TERMS AND CONDITIONS Section 1.1. Terms. (a) Pursuant to MN Statutes Section 446A.073 (the “Law”), the Authority hereby commits, subject to the availability of funds and the conditions hereinafter set forth, to grant the sum of TWO MILLION SIX HUNDRED NINE THOUSAND SIX HUNDRED TEN DOLLARS ($2,609,610) from the Point Source Implementation Grant program (the "Grant") to the Grantee for the purpose of funding eligible project costs as identified by the Minnesota Pollution Control Agency (the “MPCA”) project certification dated March 19, 2015 and in the Grant Application which is incorporated herein (the “Project”). The Project is further described as follows: expanding and upgrading the existing wastewater treatment facility. The term of this agreement is from June 30, 2015 to June 30, 2018. (b) Pursuant to Minnesota Statutes Section 446A.04, subdivision 5, an administrative fee equal to one- half of one percent of the grant amount must be paid to the Authority by the Grantee upon execution of this agreement. Section 1.2.Authority Source of Funds. The Project financing provided by the Authority includes funds from the Clean Water Legacy Fund. Section 1.3. Disbursements. (a) All Grantee disbursement requests will be subject to Authority approval and will be disbursed on a cost reimbursement basis, consistent with the budget presented in the Grantee’s application. The Authority may withhold or disallow all or part of the amount requested if the Authority determines the request is not in compliance with this Agreement, applicable federal and state laws, regulations or rules as then in effect. (b) The Authority will disburse funds pursuant to approved disbursement requests complying with the provisions of this Agreement and MN Statute Section 446A.073. Each disbursement request must be for eligible costs for completed work on the Project and must be submitted at such deadlines established by the Authority and on a form prescribed by the Authority. Each disbursement request must include supporting invoices and billing statements and be signed by an employee or elected official of the Grantee. (c) The Authority will reimburse the Grantee for eligible Project costs incurred prior to the execution of this Agreement only to the extent approved in connection with the Authority’s approval of the Grantee’s application. (d) Disbursements will be made by the Authority to the Grantee within 30 days of receipt of the Grantee’s request, unless the Authority determines to withhold disbursement in accordance with the provisions of this Agreement. The Authority will endeavor to pay disbursement requests submitted by thth the Grantee not later than the 15 day of the month by the 25 day of the same month. Page 1 of 5 Point Source Implementation-con PSIG_Elk River_01 (5/15)June 30, 2015