Laserfiche WebLink
not exist. <br />Article II <br />GRANT <br />Section 2.01 Grant of Monies. The State Entity shall make and issue the Program <br />Grant to the Public Entity and disburse the proceeds in accordance with the provisions of this <br />Agreement. The Program Grant is not intended to be a loan even tho,,h the portion thereof that <br />is disbursed may need to be returned to the State Entity or the C <br />certain circumstances. „ "' sinner of Finance under <br />Section 2.02 Public Ownership. The Public Entl 'rese` <br />d warrants to the State <br />Entity that it possesses, or will possess, all easements ssary for tl?�pration, maintenance <br />and management of the Facility in the manner speci 0�jr'Section 2 04•: <br />(Check the appropriate box for the Reali` <br />and, if �icable, for thcjlity.) <br />Ownership Interest in the Real Propeog- <br />WW <br />Fee simple owner�Real Prop <br />❑ A Real Property/Faclltt Lease p;erty that complies with the <br />requuV'- on tamed <br />[Ift+ferm otte Real Pr y/Facility Lease is for a term authorized by a <br />IYiitiesota stat, rule or tion law, then insert the citation at this point <br />Ane for the erty (i) that is in form and substance <br />ptaf3� the State Entity and the Commissioner of Finance(ii) that is <br />f Arm iW70 <br />s equal to or greater than 37.5 years if there is no Facility, <br />125 the 6iW life of the Facility if there is a Facility, or for a term <br />authori by a""1Iinnesota statute, rule or session law, and (iii) which <br />F• cannot modified, restated, amended, changed in any other way, or <br />premat>Ay cancelled or terminated without the prior written consent of <br />the StpLntity and the Commissioner of Finance. <br />f t berm of the easement is for a term authorized by a Minnesota statute, <br />or session law, then insert the citation at this point <br />1 <br />Ownership Interest in, if applicable, the Facility. <br />❑X Fee simple ownership of the Facility. <br />329826v5 CLL NE136-201 <br />