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' determined to be a DOB,the portion that is a DOB shall be paid to the City forthwith. <br /> IN WITNESS THEREOF the parties have executed this Agreement as of the day and year indicated below. <br /> Mayor,City of Everett -" Date /6 r Z& <br /> Attest: ��-���/// <br /> ity Clerk l 0 _ —14 "2-6 <br /> Date <br /> Approved as to form: --^-^°'— <br /> Office of the City Attorney <br /> APPPCVE)AS TO FORM <br /> Ovid C.Mall,City F:torney <br /> City Attorney �` <br /> �Date t v C 20 <br /> Business: <br /> Name of Business: CIick or tap here to enter text. <br /> 'Th c pa9 )po- <br /> Signature Date <br /> Title <br /> OtAitner 2 of 10 <br /> EVERETT <br /> Exhibit A <br /> SPECIAL PROVISIONS <br /> This Agreement is funded with Federal Community Development Block Grant("CDBG")funds.As such,the Grantee agrees <br /> to comply with all laws and regulations applicable to the use of CDBG funds.Without limiting the generality of the foregoing, <br /> the Grantee hereby agrees and certifies as follows: <br /> F der eal Regulations <br /> Grantee acknowledges that the Grant is to be made with funds that are subject to CDBG program regulations of HUD,and <br /> certain other federal laws and regulations.Accordingly,Grantee agrees,represents and warrants that Grantee shall comply with <br /> all applicable requirements under HUD regulations for the CDBG program and under other laws and regulations applicable to <br /> Grants of such federal funds,including without limitation those cited in this Section,and to comply with all of the provisions <br /> below,some of which extend beyond federal requirements: <br /> (a)Benefit to Low-and Moderate-Income Persons.Grant funds shall be used for working capital.Grantee agrees <br /> that under no circumstances will the CDBG Grant funds be used for construction,physical expansion,or equipment purchases. <br /> Use of funds shall satisfy the CDBG national objective of benefit to low-and moderate-income persons(as defined by HUD <br /> for CDBG purposes) <br /> Use of funds shall satisfy the eligible activity criteria under 24 CFR 570.203(b)as a special economic development activity- <br /> Economic Development Direct Financial Assistance for For-Profit Businesses.Pursuant to 24 CFR 570.208(a)(4),the Grant <br /> funds must benefit a"low-to moderate-income person(s)"by retaining at least 1 full time job,"and at least 51 percent jobs <br />