Resolution 6664 - Laserfiche WebLink

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• breach of, or will result in a breach of, any term, condition, or provision of an_v agreement or document to which it is no«~ a party or by which it is bound. H. It will use the Grant solely to reimburse itself for expenditures it has already made, or will make, to perform and complete the Predesign Stage or to pay for tl~e completion of the Predesign Stage. I. The Predesign Stage will be performed and completed in full compliance ~~~ith all applicable laws, statutes, rules, ordinances, and regulations issued by any federal, state, or local political subdivisions having jurisdiction over the Predesign Stage. J. It has complied with the matching funds requirement, if any, contained in Section 6.20. K. It will complete and fully pay for the Predesign Stage. L. It will supply or cause to be supplied whatever funds that are needed above and beyond the amount of the Grant to complete and fully pay for the Predesign Stage. • M. It will furnish to the State Entity as soon as possible and in any event within 7 calendar days after the Public Entity has obtained knowledge of the occurrence of each Event of Default, or each event which with the giving of notice or lapse of time or both would constitute an Event of Default, a statement setting forth details of each Event of Default, or event which with the giving of notice or upon the lapse of time or both would constitute an Event of Default, and the action which the Public Entity proposes to take with respect thereto. N. It tvi11 promptly notify both the State Entity and the Commissioner of Finance if and when it acquires an interest in or improves the Real Property, or acquires an interest in or improves, renovates, rehabilitates, or newly constructs the Facility. O. It shall furnish such satisfactory evidence regarding the representations and warranties described herein as may be required and requested in writing by either the State Entity or the Commissioner of Finance. • Section 2.05 Termination/Modification of Grant. If the Predesign Stage is not started on or before June 30th, 2006, or such later date to which the Public Entity and the State Entity may agree in writing, then the State Entity's obligation to fund the Grant shalt terminate, and, in such event, (i} if none of the Grant has been disbursed by such date then the State Entity's obligation to fund any portion of the Grant shall terminate and this Agreement shall also terminate and no longer be of any force or effect, and (ii) if some but not ail of the Grant has been disbursed by such date then The State Entity shall have no further obligation to provide any additional funding for the Grant and this Agreement shall remain in full force and effect but shall be modified and amended to reflect the amount of the Grant that was actually disbursed as of such date. Generic GO Grant Agreement for Pre-Design or Design Grants 4 Yer - 7130/03 (Gnrc GO GA-PrDsgn Gmt)