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TABLE OF CONTENTS <br />RECITALS <br />ARTICLE I — DEFINITIONS <br />Section 1.01— Defined Terms <br />MnDOT Agreement #06820 <br />1 <br />1 <br />ARTICLE II — GRANT <br />Section 2.01— Grant of Monies 4 <br />Section 2.02 — Use of Grant Proceeds 4 <br />Section 2.03 — Operation of the Real Property and Facility 4 <br />Section 2.04 — Grant Recipient Representations and Warranties 5 <br />Section 2.05 — Event(s) of Default 8 <br />Section 2.06 — Remedies 9 <br />Section 2.07 — Notification of Event of Default 9 <br />Section 2.08 — Term of Grant Agreement 9 <br />Section 2.09 — Modification and/or Early Termination of Grant 10 <br />Section 2.10 — Effect of Event of Default 10 <br />Section 2.11— Excess Funds 11 <br />ARTICLE III — USE AND SALE <br />Section 3.01 — Use Contracts 11 <br />Section 3.02 — Sale 12 <br />Section 3.03 — Proceeds of a Sale 13 <br />ARTICLE IV — COMPLIANCE WITH THE CODE <br />Section 4.01— Preservation of Tax -Exempt Status 13 <br />ARTICLE V — DISBURSEMENT OF GRANT PROCEEDS <br />Section 5.01 — The Advances 14 <br />Section 5.02 — Draw Requisitions 15 <br />Section 5.03 — Additional Funds from Borrower 16 <br />Section 5.04 — Conditions Precedent to Any Advance 16 <br />Section 5,05 — Construction Inspections 18 <br />ARTICLE VI — MISCELLANEOUS <br />Section 6.01 — Insurance 19 <br />Section 6.02 — Condemnation 20 <br />Section 6.03 — Use, Maintenance, Repair and Alterations 20 <br />Section 6.04 — Records Keeping and Reporting 21 <br />Section 6.05 — Inspection of Facility After Completion 21 <br />Section 6.06 — Data Practices 21 <br />Section 6.07 — Non -Discrimination 21 <br />Section 6.08 — Worker's Compensation 22 <br />Section 6.09 — Antitrust Claims 22 <br />Little Canadac GO Bond Proceeds Grant Agreement Ver - 4/22/15 <br />for MnDOT Antiquated Equipment Grants 6 <br />