Laserfiche WebLink
(b) The sale must be made as authorized by law. <br />(c) The sale must be for fair market value as defined in Minnesota Statutes, Section 16A.695 as then in <br />effect. <br />(d) The Recipient obtains the prior written consent of the Commissioner of Minnesota Management and <br />Budget. <br />Section 4.4 Changes to Minnesota Statute 16A.695 or the Order. In the event that Minnesota Statutes <br />Section 16A.695 or the Order is amended in a manner that reduces any requirement imposed upon the <br />Recipient, or if the Recipient's interest in the State Bond Financed Property is exempt from Minnesota <br />Statutes, Section 16A.695 or the Order, then upon written request by the Recipient, the Authority will <br />enter into and execute an amendment to this Agreement to irr ent that amendment to, or exempt <br />the interest in the Project from, Minnesota Statutes, Sectigl&A.695 and thFIltler. <br />Section 4.5 Waiver. The Authority may waive t <br />determination by the Authority, and after notifying <br />Budget, that the Project has not been and will n <br />obligation bonds. <br />ARTICLE 5 — D <br />Section 5.1 Information for Disclosure Documents. (a) The Recipi <br />4rticle 4 at any time upon <br />Minnesota Management and <br />e proceeds of state general <br />fts to provide to the Authority <br />such information with respect to the Recipie sedutieg,-�operibiLns- andWctions as may be reasonably <br />requested by the Authorit hereby cons Authority's official statements) <br />used in connection wit sale or thg of it nds or continuing disclosure with <br />respect to its Bonds ctively, "Disclosurs"), whether or not all or a portion of the <br />proceeds of Bonds r will be I ed to the R <br />(b) At the request of the Authority, the Recipient will certify and represent that the information with <br />respect to the Recipient in any Disclosure Document does not contain any untrue statement of a material <br />fact or omit to state a material fact n cessaryto make the statements made, in light of the circumstances <br />under which they were made, not eading; provided, however, that in no event will the Authority <br />r the Recipient to make an sentation about any other information in the Disclosure <br />Doc s or as to any Disclosure Doc nt in its entirety. If for any reason the Recipient determines <br />that it able to make that certification and representation, it will provide to the Authority the <br />informati inclusion in the Disclosure Documents necessary for the Recipient to make the <br />certification resentation. <br />(c) If at any time rperiod ending 90 days after the date the Recipient provides information to <br />Authority for inclusio a Disclosure Document any event occurs that the Recipient believes would <br />cause the information with respect to the Recipient in the Disclosure Document to omit a material fact <br />or make the statements therein misleading, the Recipient agrees to promptly notify the Authority in <br />writing of that event and provide information for inclusion in the Disclosure Document or an amendment <br />thereof or a supplement thereto. At the request of the Authority, the Recipient will also provide the <br />certification and representation required in (b) above with respect to that information. <br />Lino Lakes DWRF 01 <br />Page 8of12 <br />