07-27-2005 Council Agenda - Laserfiche WebLink

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STATE OF MINNESOTA DEPARTMENT OF EMPLOYMENT AND ECONOMIC DEVELOPMENT BUSINESS AND COMMUNITY DEVELOPMENT DIVISION Contamination Cleanup Program Grant Agreement CCGP -05- 0004- Z-FY05 This Agreement is made on June 10, 2005 between the State of Minnesota, acting through the Department of Employment and Economic Development (hereinafter the Grantor) and the City of Little Canada (hereinafter the Grantee). The Grantor has been allocated funds by the Minnesota Legislature to the contaminated site cleanup and development account in the general fund (M.S. 116J.551) and from the Petrofund account to make grants pursuant to M.S. 116J.554. The Grantee has made application to the Grantor for a Contamination Cleanup Grant described in Grantee's "APPLICATION" for The Village Site, which is incorporated into this agreement by reference. In consideration of mutual promises set forth below, the parties agree as follows: The Grantor shall grant to the Grantee the total sum of ONE HUNDRED FORTY THOUSAND THREE HUNDRED THIRTY -FOUR DOLLARS ($140,334), which are state funds appropriated by the legislature of he State of Minnesota. The breakdown of the total grant amount is as follows: $140,334, Petro fund, Fund 150, Org 1404, App 100. Funds made available pursuant to the Agreement shall be used as "PROJECT COSTS" defined in M.S. 116J.552, subd. 7, for purposes specified therein and incorporated into the Agreement as "PROJECT" and specified under "SPECIAL CONDITIONS ". Grantee agrees to complete the Project in accordance with the approved budget and within the time frames specified in the Application and Agreement. Any material change in the scope of the Project, the Budget or the Completion Date must be approved in writing by the Grantor. Funds made available pursuant to this agreement shall be used only for expenses incurred in performing and accomplishing such purposes and activities during the grant period described above. Notwithstanding all other provisions of this agreement, it is understood that any reduction or termination of state funds provided to the Grantor may result in a like reduction to the Grantee. Where provisions of the Grantee's application are inconsistent with other provisions of this Agreement, the other provisions of this Agreement shall take precedence over the provisions of the Application. current version: 03/31/00 1