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TAX BASE REVITALIZATION ACCOUNT <br />CONTAMINATION CLEANUP GRANT PROGRAM <br />GRANTEE: City of Ramsey <br />GRANT NO. SG-12217 <br />PROJECT: River Walk Village <br />GRANT AMOUNT: $902,800 <br />FUNDING CYCLE: 2019 <br />COUNCIL ACTION: July 24, 2019 <br />EXPIRATION <br />DATE: June 30, 2022 <br />METROPOLITAN LIVABLE COMMUNITIES ACT <br />GRANT AGREEMENT <br />THIS GRANT AGREEMENT ("Agreement") is made and entered into by the Metropolitan Council <br />("Council") and the Municipality or Development Authority identified above as "Grantee." <br />WHEREAS, Minnesota Statutes section 473.251 creates the Metropolitan Livable Communities <br />Fund, the uses of which fund must be consistent with and promote the purposes of the Metropolitan <br />Livable Communities Act ("LCA") and the policies of the Council's Metropolitan Development <br />Guide; and <br />WHEREAS, Minnesota Statutes sections 473.251 and 473.252 establish within the Metropolitan <br />Livable Communities Fund a Tax Base Revitalization Account and require the Council to use the <br />funds in the account to make grants to Municipalities or Development Authorities for the cleanup of <br />polluted land in the seven -county metropolitan area; and <br />WHEREAS, the Grantee is a Municipality or a Development Authority as defined in Minnesota <br />Statutes section 473.252, subdivisions 1 and la; and <br />WHEREAS, the Grantee seeks funding in connection with an application for Tax Base Revitalization <br />Account funds submitted in response to the Council's notice of availability of grant funds for the <br />"Funding Cycle" identified above and will use the grant funds made available under this Agreement <br />to help fund the "Project" identified in the application; and <br />WHEREAS, the Council awarded Tax Base Revitalization Account grant funds to the Grantee <br />subject to any terms, conditions or clarifications stated in its Council Action, and with the <br />understanding that the Project identified in the application will proceed to completion in a timely <br />manner, all grant funds will be expended prior to the "Expiration Date" identified above, and Project <br />development or redevelopment construction will have "commenced" before the Expiration Date. <br />NOW THEREFORE, in reliance on the above statements and in consideration of the mutual <br />promises and covenants contained in this Agreement, the Grantee and the Council agree as follows: <br />Page 1 of 13 Pages <br />SG-12217River Walk Village rev. 7/31/2019 <br />