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"1"i_ EVERETT <br /> RECITALS, <br /> This Agreement is entered into upon the basis of the Wowing facts anti circumstances; <br /> The City of Everett,which is hereafter referred to <br /> as-City"or-Grantor- <br /> 2, us Appiicant(herein referred to as"nosiness" NiERSINI ENTERPRISES 141JCiD BA <br /> or"Grantee-y CHIANTI <br /> EVERETT <br /> • 3, Addrecs: 1712 HEWITT AVE,EVER1".71-1-'WA 98201 <br /> * • — • „ _ . <br /> 4, Phone.: 425-5955147 <br /> - • . . <br /> Contact Person: :V1OI,ETA ER S!NI • <br /> • <br /> 6, DINS Number Click or tap here to enter text • <br /> 7. Title of Program being Funded: P.Iverett CA RES'Round 2 Swat Business Grant <br /> T A TA 1 T T A <br /> 8.• Time-of Performance: <br /> Beginning: :August 1,2020 <br /> Fndir ' hu1y31,2021 <br /> . . <br /> 9, Amount of Ave mentiGrant Award: <br /> — •IMEM1111' <br /> fli. This Agreement/grant award and the rights and <br /> obliauons of both parties hereto shall be subject to. <br /> and governed by the following,incorporated by <br /> ritic el=herein as is fully set Icoh-, <br /> (1)Grant Budget attached hereto or Exhibit"'A'' <br /> (2)Expense Reporting Fomi attached hereto or <br /> Exhibit"Il." <br /> -(he City has films available,authorized by the City Council Par helping businesses respond to the negative economic impact of <br /> the Cominavirus;and <br /> The Business has applied fin assistance from the Everett CARES Round 2 Small Business,Grant Program and relying on the <br /> information provided by the Business,the City has determined that Business is a small business at risk of long-ie,rm business injury <br /> or closure as a result of the Coronavirus:and <br /> • • <br /> The Business wishes to receive a grant from the City in the sum of Imiktawias (SlO,000)to he sued as working <br /> capital to retain jobs,to expand commerce,and to off-set the negative impact of the coronavirus on its business and <br /> The City has analyzed evidence provided by the Business that there is no duplication of benefits from other sources of <br /> federal funds,such as SBA Paycheck Protection, <br /> NOW,THEREFORE,in consideration of the.foregoing Recitals and the covenants,conditions,representations and ssarranties <br /> curtained herein,the parties hereto agree as follows; <br /> I.I IE•G RANT <br /> A. Eligibility <br /> The Grantee shall comply with all applicable laws,ordinances,codes,regulations„and policies of local,state,and federal <br /> governments,as now or hereafter amended Aft funds provided under this Agreement must be used for to reimburse the <br /> costs of business interruption caused by required closures.. Grantee must ensure the Wilds arc used specifically for COVID <br /> related impacts. <br /> B. m ,c17411t <br /> In reliance upcnt Grantee's representations and watrantiec,,and subject to the terms and conditions contained in this <br /> Agreement,the Grantor hereby agrees to cause funds to he advanced to Grantee in a maximum aggregate principal amount <br /> equal to IttlimusaLid Pollars 010000) Grann„-solcly for the purposes set forth in Section C below,Grantee shall have <br />