STATE OF OREGON LOTTERY REVENUE BONDS GRANT AGREEMENTGrant Agreement • May 19th, 2022
Contract Type FiledMay 19th, 2022This Grant Agreement (“Agreement”), is made by the State of Oregon, acting by and through its Department of Administrative Services (“DAS”), and both the City of John Day (“Grantee”) for financing of the project referred to above and described in Exhibit A (the “Project”), and the John Day/Canyon City Parks and Recreation District (“Successor Grantee”) which will own and operate the Project after the Project is complete and the City of John Day transfers the Project to the Successor Grantee. This Agreement becomes effective only when fully signed and approved as required by applicable law, and shall expire on the date of the last disbursement of the funds provided under this Agreement or the third anniversary date of the sale of the bonds funding this Agreement, whichever is earlier. This Agreement includes the following exhibits, incorporated into and made a part of this Agreement: