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1 <br />GRANT AGREEMENT <br />This Grant Agreement is entered into on this ______ day of _____________, 2022, by <br />and between Ramsey County Housing and Redevelopment Authority, a political subdivision of <br />the State of Minnesota, 250 Courthouse, 15 West Kellogg Boulevard, St. Paul, Minnesota, <br />55102, and City of Saint Anthony Village, a Minnesota municipal corporation, 3301 Silver Lake <br />Road, St. Anthony, MN 55418. <br />RECITALS <br />A.Grantee has applied to Ramsey County Housing and Redevelopment Authority for a grant in <br />an amount not to exceed Forty Thousand and 00/100 Dollars ($40,000.00), the proceeds of <br />which are to be used to carry out activities pursuant to the eligibility requirements of the <br />Ramsey County Environmental Response Fund program for remediation activities at the <br />3803 Stinson Boulevard site in the City of St. Anthony; and <br />B.Ramsey County Housing and Redevelopment Authority has agreed to make the grant on <br />terms as set forth in this Agreement. <br />NOW, THEREFORE, in consideration of the mutual covenants and agreements set <br />forth in this Agreement, the Parties agree as follows: <br />1.DEFINITIONS; INCORPORATION OF RECITALS AND EXHIBITS. <br />A.The following terms when used in this Agreement have the following meanings, except <br />where the context otherwise requires. <br />“Agreement” means this Grant Agreement. <br />“Application” means that application dated May 2, 2022, submitted by Grantee to <br />County, as it may have been amended, and any documents related to the Remediation <br />Activities submitted by the Grantee to the County after that date, which is <br />incorporated into this Agreement by reference. <br />“County” means Ramsey County Housing and Redevelopment Authority. <br />“Grantee” means City of Saint Anthony Village, a Minnesota municipal corporation. <br />“Environmental Response Funds Program (ERF)” means the program created to mitigate <br />brownfield sites and foster redevelopment using funds obtained from a mortgage <br />registry and deed taxes imposed upon transferred properties in Ramsey County. <br />“Grant Funds” means the $40,000.00 in ERF funds available for disbursement by County <br />to the Grantee pursuant to this Agreement. <br />“Project” means the 3803 Stinson Boulevard site in the City of St. Anthony, Minnesota. <br />16