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Page -1- <br />AGREEMENT BETWEEN <br />RAMSEY COUNTY HRA and CITY OF NEW BRIGHTON <br />FOR ENVIRONMENTAL RESPONSE FUNDS <br />This is an Environmental Response Fund Grant Agreement made this ______ day of <br />________________, 2020, between the Ramsey County Housing and Redevelopment Authority <br />(“AUTHORITY”) and the City of New Brighton, a Minnesota municipal corporation <br />(“GRANTEE”) (sometimes referred to as the "PARTIES" or a "PARTY"). <br />WHEREAS, on January 21, 2020, based upon an application from GRANTEE dated <br />October 31, 2019, incorporated herein by reference (“APPLICATION”), the AUTHORITY <br />approved an Environmental Response Fund grant to GRANTEE in the amount of Twenty-One <br />Thousand Four Hundred Thirty-Five and 00/100 Dollars ($21,435.00) for remediation activities <br />at the Former MicomCorp/TGLDC, LLC site in the City of New Brighton. <br />NOW, THEREFORE, in consideration of the above premises and the mutual covenants <br />and agreements set forth herein, the PARTIES agree as follows: <br />1.DEFINITIONS For purposes of this agreement, the following terms shall have <br />the following meanings: <br />1.1. "GRANT AGREEMENT" means this Grant Agreement. <br />1.2. "AUTHORITY" means Ramsey County Housing and Redevelopment <br />Authority. <br />1.3. "GRANTEE" means the City of New Brighton, a Minnesota municipal <br />corporation. <br />1.4. "GRANT" means the amount of Twenty-One Thousand Four Hundred <br />Thirty-Five and 00/100 Dollars ($21,435.00) to be granted to GRANTEE <br />to finance the project. <br />1.5. "PROJECT" means the remediation activities specifically set forth in the <br />APPLICATION. <br />1.6. "PROPERTY" means the real property located in the County of Ramsey, <br />State of Minnesota that is legally described or depicted on the attached <br />Exhibit "A". <br />2.DOCUMENTS DELIVERED HEREWITH Before or contemporaneously <br />with the execution of this GRANT AGREEMENT, GRANTEE shall deliver the <br />following documents and/or instruments to AUTHORITY: <br />2.1. Resolution of GRANTEE authorizing the execution and delivery of this <br />GRANT AGREEMENT and the documents described herein.