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Facility shall be applied in accordance with the provisions contained in Section 4.02 as if the
<br />Public Entity's interest in the Real Property and, if applicable, Facility had been sold, and such
<br />amounts shall be credited against the amounts due and owing under Section 4.02 upon the
<br />ultimate sale of the Public Entity's interest in the remaining Real Property and, if applicable,
<br />Facility. if the Public Entity elects to sell its interest in the portion of the Real Property and, if
<br />applicable, Facility that remains after the condemnation, then such sale must occur within a
<br />reasonable time period from the date the condemnation occurred and the cumulative sum of the
<br />condemnation proceeds plus the proceeds of such sale must be applied in accordance with the
<br />provisions contained in Section 4.02., with the condemnation proceeds being so applied within a
<br />reasonable time period from the date they are received by the Public Entity.
<br />As recipient of any of condemnation awards or proceeds referred to herein, the State Entity
<br />agrees to and will disclaim, assign or pay over to the Public Entity all of such condemnation
<br />awards or proceeds it receives so that the Public Entity can comply with the requirements that
<br />this Section imposes upon the Public Entity as to the use of such condemnation awards or
<br />proceeds.
<br />Section 7.03 Use, Maintenance, Repair and Alterations. The Public Entity shall (i)
<br />keep the Real Property and, if applicable, Facility, in good condition and repair, subject to
<br />reasonable and ordinary wear and tear, (ii) complete promptly and in good and workmanlike
<br />manner any building or other improvement which may be constructed on the Real Property and
<br />promptly restore in like manner any portion of the Facility, if applicable, which may be damaged
<br />or destroyed thereon and pay when due all claims for labor performed and materials furnished
<br />therefore, (iii) comply with all laws, ordinances, regulations, requirements, covenants, conditions
<br />and restrictions now or hereafter affecting the Real Property or, if applicable, Facility, or any part
<br />thereof, or requiring any alterations or improvements thereto, (iv) keep and maintain abutting
<br />grounds, sidewalks, roads, parking and landscape areas in good and neat order and repair, (v)
<br />comply with the provisions of any Real Property/Facility Lease if the Public Entity's interest in
<br />the Real Property and, if applicable, Facility, is a leasehold interest, and (vi) comply with the
<br />provisions of any condominium documents and any applicable reciprocal easement or operating
<br />agreements if the Real Property and, if applicable, Facility, is part of a condominium regime or is
<br />subject to a reciprocal easement or use agreement.
<br />The Public Entity shall not, without the written consent of the State Entity and the
<br />Commissioner, (a) permit or suffer the use of any of the Real Property or, if applicable, Facility,
<br />for any purpose other than the purposes specified in Section 2.04, (b) remove, demolish or
<br />substantially alter any of the Real Property or, if applicable, Facility, except such alterations as
<br />may be required by laws, ordinances or regulations or such other alterations as may improve such
<br />Real Property or, if applicable, Facility by increasing the value thereof or improving its ability to
<br />be used to operate the Governmental Program thereon or therein, (c) do any act or thing which
<br />would unduly impair or depreciate the value of the Real Property or, if applicable, Facility, (d)
<br />abandon the Real Property or, if applicable, Facility, (e) commit or permit any waste or
<br />deterioration of the Real Property or, if applicable, Facility, (f) remove any fixtures or personal
<br />property from the Real Property or, if applicable, Facility, that was paid for with the proceeds of
<br />the Grant unless the same are immediately replaced with like property of at least equal value and
<br />Generic GO Bond Proceeds 27 Ver — 6/26/08
<br />Grant Agreement for Construction Grants (Gnrc GO GA-Cnstrctn Grnt)
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