Resolution 2006-46 - Laserfiche WebLink

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provisions of Section 19 crt tht Agreement and upon satisfaction of all the conditions se Paragraphs 6, i and $ hereof, the Board shall disburse the funds for the Grant as follows: S25,000 during the quarter from October to December of 2006. In determining, the sufficiency of net lottery proceeds, GOCO may consider all facts and circumstances as it deems necessary or desirable in its discretion, including, but not limited to, adequate reserves, funding requirements and/or commitments for other past, current and future grants, and past, current and future GOCO operating expenses and budgetary needs. This rein purse ne it schedule payment on the Louisville Elei flection of the scenario chosen by the City of l.., uisville ryP School project, :0634.5. Project. Operation and Maintenance. Grantee agrees: a. The Grantee will operate and maintain the Project in a reasonable state of repair for the purposes specified in the Project Application for at least 25 years from the date of contpletit n of the Project, in accordance with generally accepted standards in the parks recreation%'wildlife community. GOCO shall not be liable for any cost of such maintenance, management or operation, Failure to operate and maintain the Project in accordance with the terms hereof: may be deemed a default by Grantee under 1'arag aph 21, helo��. h. Within fi0 da =s of request, Grantee Il provide the Board with dequat records ectil .g the operating and maintenance costs of the Project and provide the Board with such nforniation concerning the use of the Project ,y the public and the impact ofth.e Project a the Board may reasonably request. c. The Board r equires that a Restrictive Covenant fora period of 25 years be executed by the parties in the form attached hereto as Appendix G, which shall, upon comp; of the project and /or acquisition of the Property by the Grantee, (but in any event prior to the provision of final funding hereunder by GC)CO), be recorded in the real estate records for the County in which the Property is located, and which shall require that the Property and the Project he used for the 25 year period for the purposes set forth in the Application. and approved hereunder. 12. Public Access. Grantee agrees for itself a nd its successors in interest, to a1 _lc: reasonable access to the members of the public to the Project. 13. Compliance with Regulatory Requirettents and Federal and State Mandates, The Grantee hereby assumes responsibility for compliance with all regulatory requirements in all applicable areas, including but not limited to nondiscriminatroii, 't ruer sa .et' local labor preferences, pr ;tend vendor programs, equal employment opportunity use c f competitive biddimz, To the extent permitted by law, thr Grrintc :e F ih dernliif .Board harmless from any liability for any failure to coml. l4 itlr aI such app/ ic:<ble requrrcrnents.