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date or those permits, bonds and licenses which in the ordinary course of business would <br />normally not be obtained until a later date. <br />I. The State Entity shall have received evidence, in form and substance acceptable <br />to the State Entity, that that all applicable and required permits, bonds and licenses <br />necessary ,for the operation of the Real Property and, if applicable, Facility in the manner <br />specked in Section 2.04 have been paid for, issued, and obtained, other than those permits, <br />bonds and licenses which may not lawfully be obtained until a future date or those permits, <br />bonds and licenses which in the ordinary course of business would normally not be <br />obtained until a later date. <br />J. The State Entity shall have received evidence, in form and substance acceptable <br />to the State Entity, that the Project will be completed in a manner that will allow the Real <br />Property and, if applicable, Facility to be operated in the manner specified in Section 2.04. <br />K. The State Entity shall have received evidence, in form and substance acceptable <br />to the State Entity, that the Public Entity has the ability and a plan to fund the operation of <br />the Real Property and, if applicable, Facility in the manner specified in Section 2.04. <br />L. The State Entity shall have received evidence, in form and substance acceptable <br />to the State Entity, that the insurance requirements under Section 7.01 have been satisfied. <br />• M. The State Entity shall have received evidence, in form and substance acceptable <br />to the State Entity, of compliance with the provisions and requirements specified in Section <br />7.10 and all additional applicable provisions and requirements, if any, contained in Minn. <br />Stat. § 1613.335 that exists as of the date of this Agreement and as such may subsequently <br />be amended, modified or replaced from time to time. Such evidence shall include, but not <br />be limited to, evidence that; (i) the predesign package referred to in Section 7.10.5 has, if <br />required, been reviewed by and received a favorable recommendation from the <br />Commissioner of Administration for the State of Minnesota, (ii) the program plan and cost <br />estimates referred to in Section 7.10.0 have, if required, received a recommendation by the <br />Chairs of the Minnesota State Senate Finance Committee and Minnesota House of <br />Representatives Ways and Means Committee, and (iii) the Chair of the Minnesota House of <br />Representatives Capital Investment Committee has, if required, been notified pursuant to <br />Section 7.10.G. <br />N. No Event of Default under this Agreement or event which would constitute an <br />Event of Default but for the requirement that notice be given or that a period of grace or <br />time elapse shall have occurred and be continuing. <br />O. The State Entity shall have received evidence, in form and substance acceptable <br />to the State Entity, that the Contractor will complete the Construction Items substantially in <br />conformance with the Construction Contract Documents and pay all amounts lawfully <br />owing to all laborers and materialmen who worked on the Construction Items or supplied <br />materials therefore, other than amounts being contested in good faith. Such evidence may <br />be in the form of payment and performance bonds in amounts equal to or greater than the <br />Generic Gb Bond Proceeds 24 Ver -- 6/26/08 <br />Grant Agreement for Construction Grants (Gnrc Go GA-Cnstrctn Grnt) <br />