Agenda - Economic Development Authority - 10/09/2025

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Exhibit C Other Provisions 1 Conflicts of Interest The State will take steps to prevent individual and organizational conflicts of interest in reference to Grantees per Minnesota Statutes §16B.98 and Department of Administration, Office of Grants Management, Policy Number 08-01 Conflict of Interest Policy for State Grant -Making (Current Policies tab). When a conflict of interest concerning State grant -making is suspected, disclosed or discovered, transparency shall be the guiding principle in addressing it. In cases where a potential or actual individual or organizational conflict of interest is suspected, disclosed, or discovered by the Grantee throughout the life of the Grant Contract Agreement, they must immediately notify the State for appropriate action steps to be taken, as defined above. The Grantee must complete a Conflict -of -Interest Disclosure Form. 2 Successors and Assignees This Grant Contract Agreement shall be binding upon any successors or assignees of the parties. 3 Minnesota Business Subsidy Law This Grant Contract Agreement must comply with the Minnesota Business Subsidy Law, Minnesota Statutes §§ 116J.993 through 116J.995 as applicable. 4 Job Listing Agreements Minnesota Statutes § 116L.66, subd.1, requires a business or private enterprise to list any vacant or new positions with the state workforce center if it receives $200,000 or more a year in grants from the State. If applicable, the business or private enterprise shall list any job vacancy in its personnel complement with MinnesotaWorks.net atwww.minnesotaworks.net as soon as it occurs. 5 Reporting Requirements The Grantee must submit to the State annual reports on the use of grant funds and the progress of the Project covering January 1 through December 31 of each year. Each annual report must be received by the State no later than January 25 of each year. The annual report must identify specific Project goals listed in the application and quantitatively and qualitatively measure the progress of such goals. Grant payments shall not be made on grants, or subsequent grant awards made to the Grantee, with past due reports. In addition, the Grantee shall submit a final annual report. The State will provide annual reporting form. 6 Monitoring and Corrective Action Grantee agrees to permit monitoring by the State to determine Grant Contract Agreement performance and compliance with Grant Contract Agreement provisions. Grantee further agrees to cooperate with the State in performing and completing such monitoring activities and Grantee agrees to implement and comply with such remedial action as is proposed by the State. Grantee must provide any financial records, timesheets or other supporting documentation, upon the request of the State. GRANT CONTRACT AGREEMENT TEMPLATE FOR COMPETITIVE GRANTS TO MUNICIPALITIES REV 7.01.202 5 15