Exhibit E G. O. Compliance Checklist for GROUND LEASE OR EASEMENT Development Name: _________________________ Location of Development: _________________________ Identity of Lessor/Grantor: _________________________ Identity of Public Entity (Lessee/Grantee): _________________________ Ground Lease/Easement: _________________________ All real property that is acquired or bettered with the proceeds of State of Minnesota general obligation bonds must be publicly owned. Such ownership may be by way of fee title, a long-term ground lease, or a long-term easement. This G.O. Compliance Checklist for Ground Leases and Easements is intended to merely be a mechanism to assist the Commissioner of Minnesota Management and Budget in his/her evaluation of an ownership interest that is created by way of long-term ground lease or easement, and for no other purpose. The following definitions apply for the purpose of this checklist: Commissioner - means the Commissioner of Minnesota Management and Budget or his or her designee. Facility - all structures that will be owned by the Lessor and leased to the Public Entity/Lessee under a long-term lease or which are owned by the Grantor and conveyed to the Public Entity/Grantee under a long-term easement. GO Agreement - means the General Obligation Grant Agreement under which the State Entity is providing the grant to the Public Entity. Governmental Program - means a governmental program established or authorized by law and established by official action of Lessor, for which the Leased Premises will be used. Ground Lease/Easement - means the ground lease of, or easement for, the Leased Premises under which the Public Entity acquires from the Lessor the right to use and operate the Leased Premises.
Exhibit E G. O. Compliance Checklist for GROUND LEASE OR EASEMENT Development Name: _________________________ Location of Development: _________________________ Identity of Lessor/Grantor: _________________________ Identity of Public Entity (Lessee/Grantee): _________________________ Ground Lease/Easement: _________________________ All real property that is acquired or bettered with the proceeds of State of Minnesota general obligation bonds must be publicly owned. Such ownership may be by way of fee title, a long-term ground lease, or a long-term easement. This G.O. Compliance Checklist for Ground Leases and Easements is intended to merely be a mechanism to assist the Commissioner of Minnesota Management and Budget in his/her evaluation of an ownership interest that is created by way of long-term ground lease or easement, and for no other purpose. The following definitions apply for the purpose of this checklist: Commissioner - means the Commissioner of Minnesota Management and Budget or his or her designee. Facility - all structures that will be owned by the Lessor and leased to the Public Entity/Lessee under a long-term lease or which are owned by the Grantor and conveyed to the Public Entity/Grantee under a long-term easement. GO Agreement - means the General Obligation Grant Agreement under which the State Entity is providing the grant to the Public Entity. Governmental Program - means a governmental program established or authorized by law and established by official action of Lessor, for which the Leased Premises will be used. Ground Lease/Easement - means the ground lease of, or easement for, the Leased Premises under which the Public Entity acquires from the Lessor the right to use and operate the Leased Premises.