Use of State Funds to Purchase or Improve Real Property. Any state funds provided for the purchase of or improvements to real property are contingent upon the Sub-Recipient or political subdivision granting to the state a security interest in the property at least to the amount of state funds provided for at least five (5) years from the date of purchase or the completion of the improvements or as further required by law.
Use of State Funds to Purchase or Improve Real Property. Any State funds provided for the purchase of, or improvements to real property, are contingent upon the Contractor or political subdivision granting to the State a security interest in the property at least in the amount of State funds provided, for at least five (5) years from the date of purchase or the completion of the improvements, or as further required by law. DEPARTMENT OF FINANCIAL SERVICES STATEMENT OF WORK DFS OIT ITN 1718-04 ENTERPRISE FINANCIAL SYSTEM SUPPORT SERVICES Attachment B (Contract Attachment 2) The specific terms in this Statement of Work shall be read together with general terms outlined in the Standard Terms and Conditions, Attachment 1. Where in conflict, the more specific terms shall apply.
