2017.05.23.CC Packet - Laserfiche WebLink

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478335v2 TJG NE136-8 SUB-GRANT AGREEMENT (Metropolitan Council Grant) THIS SUB-GRANT AGREEMENT (this “Agreement”) is made as of this 23 day of May, 2017, by and between the City of New Brighton, a Minnesota municipal corporation (the “Grantee”), and Mateer Properties LLC, a limited liability company in the state of Minnesota (the “Sub-grantee”): WHEREAS, on February 9th, 2016, the Grantee entered into a grant contract with the Metropolitan Council (the “Grant Agreement”), a copy of which is attached hereto as Exhibit A and is incorporated herein and made part of this Agreement; and WHEREAS, the Grant Agreement provides that the Metropolitan Council is to grant to the Grantee a sum not to exceed $50,000.00, which funds shall be used to fund the costs of water efficiency projects specified in the Grant Agreement; and WHEREAS, the Grant Agreement provides that the Grantee is to match 25 percent of the grant amount with its own funds; and WHEREAS, eligible projects under the grant program include funding to replace toilets with a water efficient US EPA WaterSense labeled toilet; and WHEREAS, the Sub-grantee is the owner of a 11 unit multi-family housing complex that is located at 462 9th Avenue NW in the City of New Brighton, which is legally described on the attached Exhibit B (the “Property”); and WHEREAS, the toilets that are on the Property in the 11 units are not water efficient; and WHEREAS, the Sub-grantee has requested that it be able to replace the toilets by using the grant funds; and WHEREAS, the Grantee will be passing a portion of the funds provided in the Grant Agreement through to Sub-grantee to replace the toilets; and WHEREAS, the Grantee and the Sub-grantee have agreed for Sub-grantee to assume certain duties and responsibilities of the Grantee under the Grant Agreement in consideration of receiving funds provided for in the Grant Agreement and subject to the terms, conditions, and limitations set forth therein. NOW, THEREFORE, in consideration of the premises and the mutual promises set forth herein, the parties hereto covenant and agree as follows: