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AGREEMENT # M0005 <br />ATTACHMENTA <br />DATE 08/26/2020 <br />I. Additional Conditions and Limitations on the Use of Funds Through The AgBMP LOAN <br />PROGRAM <br />All projects funded under this contract must comply with the following restrictions: <br />A. The LOCAL GOVERNMENT UNIT shalI determine borrower eligibility, project eligibi I ity, and eligible costs related <br />to the implementation of the projects. In addition, only those costs associated with components that have a direct <br />effect of preventing, containing, collecting, abating, or treating pollution sources are eligible. <br />B. Projects maybe approved for financing anytime before the project is determined by the LOCAL GOVERNMENT <br />UNIT to be complete. A project is considered complete when all expenses related to the project's implementation <br />have been incurred, final conventional finance has been issued by traditional financial institutions, and all <br />conventional loan proceeds have been disbursed. Bridge loans, construction loans, and dealer financing are not <br />considered final conventional financing. <br />C. The LENDER certifies that they have maintained all covenants and eligibility requirements of the Agreement and <br />pledge to maintain those covenants as required in the agreement. <br />Minnesota AgBMP Loan Program 10 <br />