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Attachment I to Grant Agreement <br /> State of Minnesota <br /> Greater Minnesota Business Development Public Infrastructure Program <br /> General Obligation Bond Financed <br /> DECLARATION <br /> The undersigned has the following interest in the real property located in the County of <br /> , State of Minnesota that is legally described in Exhibit A attached and all facilities <br /> situated thereon(collectively referred to as the"Restricted Property"): <br /> (Check the appropriate box.) <br /> � a fee simple title, <br /> � a lease, or <br /> � an easement, <br /> and as owner of such fee title, lease or easement, does hereby declare that such interest in the <br /> Restricted Property is hereby made subject to the following restrictions and encumbrances: <br /> A. The Restricted Property is bond financed property within the meaning of Minn. Stat. § <br /> 16A.695 that exists as of the effective date of the grant agreement identified in <br /> paragraph B below, is subject to the encumbrance created and requirements imposed <br /> by such statutory provision, and cannot be sold, mortgaged, encumbered or otherwise <br /> disposed of without the approval of the Commissioner of Minnesota Management and <br /> Budget, or its successor, which approval must be evidenced by a written statement <br /> signed by said commissioner and attached to DEED, mortgage, encumbrance or ; <br /> instrument used to sell or otherwise dispose of the Restricted Property; and <br /> B. The Restricted Property is subject to all of the terms, conditions, provisions, and ' <br /> limitations contained in that certain Project between the City of and <br /> the Minnesota Department of Employment and Economic Development(DEED),dated I <br /> (the"G.O. Grant AgreemenY'). � <br /> The Restricted Property shall remain subject to this State of Minnesota General Obligation Bond <br /> Financed Declaration for as long as the G.O. Grant Agreement is in force and effect; at which time <br /> it shall be released therefrom by way of a written release in recordable form signed by both the <br /> Commissioner of Minnesota Deparhnent of Employment and Economic Development and the <br /> il <br />