6G(2) SubGrant Agreement Innovation Park at Notre Dame

Home Browse Search

SUB-GRANT AGREEMENT BY AND BETWEEN THE CITY OF SOUTH BEND, INDIANA AND THE UNIVERSITY OF NOTRE DAME DU LAC and on behalf of Innovation Park at Notre Dame THIS AGREEMENT, entered into by and between THE CITY OF SOUTH BEND, INDIANA, DEPARTMENT OF REDEVELOPMENT (hereinafter referred to as the "Grantor") and the UNIVERSITY OF NOTRE DAME DU LAC (hereinafter referred to as the "Grantee") is executed pursuant to the terms and conditions set forth herein, and shall be dated as of the date of final execution by all parties hereto. In consideration of those mutual undertakings and covenants provided herein, the parties agree as follows: 1. PURPOSE OF AGREEMENT: The purpose of this Agreement is to enable the Grantor to make asub-grant to the above- named Grantee from the funds received from Procurement Request No. 02- 08CH11514.000, for Construction Grant No. DE-FG02-08CH11514 (the "DOE Grant"), attached hereto as Exhibit B, administered by the U.S. Department of Energy, Office of Science, (the "DOE") and entitled `laboratory Equipment for Biological and Environmental Research " in the amount of Seven Hundred Fifty Thousand Dollars ($750,000.00) (the "Grant Funds"). The Grantee has worked together with the Grantor in the development of a research facility constructed on Grantee's 13-acre site immediately south of the University of Notre Dame campus located at 1400 Angela Blvd, South Bend, Indiana, operated by Innovation Park at Notre Dame ("IPND"). The Grant Funds are to be used for the acquisition of certain specialized laboratory equipment, set forth in Exhibit A, (the "Project") to be used in IPND. The grant provided for herein shall be used exclusively in accordance with the provisions contained in this Agreement and for no other purpose. 2. TERM OF AGREEMENT: The term of this Agreement shall be from the date of execution until December 31, 2009 (the "Term"), unless sooner terminated as described in Paragraph 15. The investments shall be expended or otherwise committed by Grantee no later than December 31, 2009 (the "Goal Date"). 3. DESIGN AND IMPLEMENTATION OF PROJECT: The Grantee shall be solely responsible for the selection and acquisition of certain specialized laboratory equipment, set forth in Exhibit A, to be used in IPND and as described in the DOE Grant. The Grantor has no responsibility for such selection or acquisition. Grantee acknowledges that neither DOE nor the Grantor has had or will have any involvement or responsibility regarding said selection or acquisition. Any substitutions made to the selection of equipment contained in Exhibit A shall be subject to approval by the DOE. In the event that the DOE does not approve a selection