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I.THE GRANT <br /> A. Eligibility <br /> The Grantee represents and warrants that all activities under this Agreement must be carried out in compliance with the <br /> federal laws and regulations attached as Exhibit A, "Special Provisions".These laws and regulations are public record <br /> and descriptions set forth in Exhibit A are not intended to be complete. <br /> B. The Grant <br /> In reliance upon Grantee's representations and warranties,and subject to the terms and conditions contained in this <br /> Agreement,the Grantor hereby agrees to cause funds to be advanced to Grantee in a maximum aggregate principal <br /> amount equal to Ten Thousand Dollars($10,000)("Grant"),solely for the purposes set forth in Section C below. <br /> Grantee shall have the right to receive Grant funds only pursuant to the terms and conditions of this Agreement. <br /> C. Purpose of Grant <br /> The Grantee shall use the funds granted hereunder solely for working capital of the Business pursuant to the Budget set <br /> forth in Exhibit B, `Budget".No funds shall be used for the purchase/installation of equipment,construction of real <br /> estate,alteration of existing buildings,or other activity that may impact the natural environment or historic buildings. <br /> D. Grant Documentation <br /> The Grant shall be evidenced by this Agreement,completed application form and other documentation required by the <br /> Grantor. <br /> II.REPRESENTATIONS,WARRANTIES AND COVENANTS <br /> In order to induce the Grantor to make the Grant,Grantee represents,warrants and covenants as set forth below in this <br /> Article II as of the date hereof and during the term of this Agreement. <br /> A. Organization of Grantee <br /> Grantee is duly organized and validly existing pursuant to the laws of the State of Washington and is qualified to do <br /> business in and under the laws of the State of Washington.Grantee has the full power and authority to enter into this <br /> Agreement,to receive money as contemplated herein and to execute and perform the provisions of this Agreement.The <br /> execution,delivery and performance of this Agreement has been duly authorized by all necessary company action,and <br /> no other action of Grantee or any other party is required for the execution,delivery and performance of this Agreement. <br /> This Agreement constitutes valid and binding obligations of Grantee. <br /> B. Compliance with Laws <br /> Grantee will conduct its business affairs in a reasonable and prudent manner and in compliance with all applicable laws, <br /> ordinances,rules and regulations and executive orders of federal,state,county or municipal governments or agencies <br /> now in force or which may be enacted hereafter. <br /> C. Prohibition Against Receiving Federal Funds <br /> Neither Grantee nor Grantee's owner(s)are prohibited from receiving federal funds. <br /> D. Accuracy of Information <br /> All of the information provided by Grantee in support of its request for Grant funds is complete and accurate and <br /> contains no materially false or misleading information. <br /> III.CONDITIONS PRECEDENT TO AND POST GRANT DISBURSEMENT <br /> The Grantor's obligation to perform its duties under this Agreement,including without limitation causing disbursement of any <br /> funds,shall be subject to the full and complete satisfaction of the following conditions precedent: <br /> A. Pre-Award Costs <br /> Pre-award costs incurred by the Agency from the beginning of the time of performance set forth in Section II.Time of <br /> Performance,of this agreement may be eligible for reimbursement in accordance with 24 CFR 570.200(h). <br />