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02/14/2011 Council Packet
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02/14/2011 Council Packet
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City Council
Council Document Type
Council Packet
Meeting Date
02/14/2011
Council Meeting Type
Regular
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to or arising from any provision contained in this Agreement shall be initiated, filed and venued in the <br />State of Minnesota District Court located in the City of St. Paul, County of Ramsey, State of Minnesota. <br />Section 6.17 Severability. If any provision of this Agreement is finally judged by any court to be <br />invalid, then the remaining provisions shall remain in full force and effect and they shall be interpreted, <br />performed, and enforced as if the invalid provision did not appear herein. <br />Section 6.18 Time of Essence. Time is of the essence with respect to all of the matters contained <br />in this Agreement. <br />Section 6.19 Counterparts. This Agreement may be executed in any number of counterparts, <br />each of which when so executed and delivered shall be an original, but such counterparts shall together <br />constitute one and the same instrument. <br />Section 6.20 Matching Funds. The Public Entity must obtain and supply the following matching <br />funds for the Project: None. <br />Section 6.21 Source and Use of Funds. The Public Entity represents to the DNR and the <br />Commissioner of MMB that Attachment ffi is intended to be and is a source and use of funds statement <br />showing the total cost of the Project and all of the funds that are available for the completion of the <br />Project, and that the information contained in such Attachment f correctly and accurately delineates the <br />following information. <br />A. The total cost of the Project. <br />B. The source and amount of all funds needed to complete the Project, including: <br />(i) State funds including the Program Grant, <br />(ii) Matching funds, <br />(iii) Other funds supplied by the Public Entity, <br />(iv) Loans, identifying each such loan and all collateral pledged for repayment of <br />each such loan and <br />(v) Other funds. <br />C. Such other financial information that is needed to correctly reflect the total funds <br />available for the completion of the Project, the source of such funds and the expected use of such <br />funds. <br />Previously paid project expenses (that is, project expenses paid before the effective date of this <br />Agreement) that are to be reimbursed and paid from proceeds of the Program Grant may only be included <br />as a source of funds and included in Attachment ra if such items have been approved, in writing, by the <br />Commissioner of MMB. If any of the funds included under the source of funds have conditions <br />precedent to the release of such funds, the Public Entity must provide to the DNR and the Commissioner <br />of MMB a detailed description of such conditions and what is being done to satisfy such conditions. <br />The Public Entity shall also supply whatever other information and documentation that the DNR or <br />the Commissioner of MMB may request to support or explain any of the information contained in <br />Attachment M. <br />Section 6.22 Third -Party Beneficiary. The State Program will benefit the State of Minnesota and <br />the provisions and requirements contained herein are for the benefit of both the DNR and the State of <br />13 <br />P98 <br />• <br />• <br />
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