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08-12-2015 Council Packet
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08-12-2015 Council Packet
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MnDOT Agreement #06820 <br />operation, maintenance and management of the Real Property and, if applicable, the <br />Facility in the manner specified in Section 2.03: <br />(Check the appropriate box for the Real Property and, if applicable, for the Facility.) <br />Ownership Interest in the Real Property. <br />Fee simple ownership of the Real Property. <br />A Real Property/Facility Lease for the Real Property, in form and <br />substance <br />acceptable to the State Entity, for a term of at least 125% of the Useful Life <br />of the Real Property and, if applicable, Facility, which cannot be <br />prematurely cancelled or terminated without the prior written consent of <br />the State Entity. <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 />• An easement for the Real Property, in form and substance acceptable to the <br />State Entity, for a term of at least 125% of the Useful Life of the Real <br />Property and, if applicable, Facility, which cannot be prematurely cancelled <br />or terminated without the prior written consent of the State Entity. <br />(If the term of the easement is for a tell)" authorized by a Minnesota statute, <br />rule or session law, then insert the citation: ,) <br />Ownership Interest in, if applicable, the Facility. <br />gX Fee simple ownership of the Facility. <br />EI A Real Property/Facility Lease for the Facility, in form and substance <br />acceptable to the State Entity, for a term of at least 125% of the Useful Life <br />of the Real Property and, if applicable, Facility, which cannot be <br />prematurely cancelled or terminated without the prior written consent of <br />the State Entity. <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 />• Not applicable because there is no Facility. <br />and such interests are or will be subject only to those easements, covenants, conditions and <br />restrictions that will not materially interfere with the completion of the Project and the <br />intended operation and use of the Real Property and, if applicable, the Facility, or those <br />Little Caanda GO Bond Proceeds Grant Agreement Ver— 5/06/15 <br />for MnDOT Antiquated Equipment Grants 1 4 <br />
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