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Generic GO Bond Proceeds Contract # 242255 / PO # 3-246339 <br /> Ver – 10/26/20 <br />Grant Agreement for Program Construction Grants <br />Section 2.02 Public Ownership. The Public Entity acknowledges and agrees that the <br />Program Grant is being funded with the proceeds of G.O. Bonds, and as a result thereof all of the <br />Real Property and, if applicable, Facility must be owned by one or more public entities. Such <br />ownership may be in the form of fee ownership, a Real Property/Facility Lease, or an easement. <br />In order to establish that this public ownership requirement is satisfied, the Public Entity represents <br />and warrants to the State Entity that it has, or will acquire, the following ownership interests in the <br />Real Property and, if applicable, Facility, and, in addition, that it possess, or will possess, all <br />easements necessary for the operation, maintenance and management of the Real Property and, if <br />applicable, Facility in the manner specified in Section 2.04: <br /> <br />(Check the appropriate box for the Real Property and, if applicable, for the Facility.) <br /> <br />Ownership Interest in the Real Property. <br /> <br />X Fee simple ownership of the Real Property. <br /> <br /> A Real Property/Facility Lease for the Real Property that complies with the <br /> requirements contained in Section 2.06. <br />(If the term of the Real Property/Facility Lease is for a term authorized by a <br />Minnesota statute, rule or session law, then insert the citation: <br />________________.) <br /> <br /> An easement for the Real Property that complies with the requirements <br /> contained in Section 2.06. <br />(If the term of the easement is for a term authorized by a Minnesota statute, <br />rule or session law, then insert the citation: ________________.) <br /> <br />Ownership Interest in, if applicable, the Facility. <br /> <br /> Fee simple ownership of the Facility. <br /> <br /> A Real Property/Facility Lease for the Facility that complies with all of the <br /> requirements contained in Section 2.06. <br />(If the term of the Real Property/Facility Lease is for a term authorized by a <br />Minnesota statute, rule or session law, then insert the citation: <br />______________.) <br /> <br />X Not applicable because there is no Facility. <br /> <br /> <br />DocuSign Envelope ID: 29DBC2D4-A2F2-444E-B71D-02719EA430EB