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RECITALS . <br /> This Agreement<s entered into upon the basis of the following facts and circumstances: <br /> - ------------------- ------ <br /> � l. City: � <br /> y� The� �ufEvere ,which is hereafter referred <br /> > tuas"Citypur"Granunr" <br /> J. / Business Applicant(herein referred to as Happy Thai LLC ----- <br /> ' "8usiness"or`Grantee''): <br /> 3. Address: 909 Sievers DueoyB|wd,Suite[,Everett,WA <br /> 98203 <br /> 4. Phone: —+425-422-1592 <br /> 5. Contact Person: PnxpatsornEngel <br /> G. DUNS Number 071334094 <br /> 7. Title of Program being Funded: Everett CARES Round Small Business Grant <br /> 8. Time ofPerformance: <br /> Beginning: August l,2O2O <br /> Ending: July 31,3021 <br /> 9. Amount of Agreement/Grant Award: $10°000.00 <br /> 10. This Agreement/grant award and the rights and <br /> obligations of both parties hereto shall besubject <br /> to and governed by the following,incorporated by <br /> reference herein as is fully set forth: <br /> (1)Grant Budget attached hereto or Exhibit"All <br /> (Z) Expense Reporting Form attached hereto or <br /> ) Exhibit"a" i <br /> _ <br /> The City has funds available,authorized by the City Council for helping businesses respond to the negative economic impact of <br /> the Coronavirus;and <br /> The Business has applied for assistance from the Everett CARES Round zSmall Business Grant Program and relying onthe <br /> information provided by the Business,the City has determined that Business isa small business at risk of long-term business injury <br /> ur closure asa result of the Cononavirms;and <br /> The Business wishes to receive a grant from the City in the sum of Ten Thousand Dollars($10,000)to be used 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 o{federal <br /> funds,such ao SBA Paycheck Protection. <br /> NOW,THEREFORE, in consideration of the foregoing Recitals and the covenants,conditions,representations and warranties <br /> contained herein,the parties hereto agree as follows: <br /> |. THE GRANT <br /> A. BinjbiUty <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 All funds provided under this Agreement must be used for to reimburse the <br />