“…Thus, although much of the conceptual and technical developments of the present paper are a natural generalization of the arguments in [18], there are, however, also points of departure from [18] which require a different analysis, because of the now missing property that A have compact resolvent (see Remark 5.1), which was naturally built in the parabolic problem [18]. Like [18], our treatment here uses, as a starting point, two sources: on the one hand, the properties of the continuous optimal control problem and related Algebraic Riccati Equation following the variational approach of [17]; and, on the other hand, the approximation results for analytic semigroups (see [14,15,3]). …”