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The City has analyzed evidence provided by the Business that there is no duplication of benefits from other sources of federal <br />funds, such as SBA Paycheck Protection. <br />NOW, THEREFORE, in consideration of the foregoing Recitals and the covenants, conditions, representations and <br />warranties contained herein, the parties hereto agree as follows: <br />. THE GRANT <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 All funds provided under this Agreement must be used for to reimburse <br />the costs of business interruption caused by required closures. Grantee must ensure the funds are used specifically <br />for COVID related impacts. <br />B. The Grant <br />In reliance upon Grantee's representations and warranties, and subject to the terms and conditions contained in <br />this Agreement, the Grantor hereby agrees to cause funds to be advanced to Grantee in a maximum aggregate <br />principal amount equal to Three Thousand Dollars ($3,000) ("Grant"), solely for the purposes set forth in Section C <br />below. Grantee shall have the right to receive Grant funds only pursuant to the terms and conditions of this <br />Agreement. <br />C. Purpose of Grant <br />The Grantee shall use the funds granted hereunder solely for working capital of the Grantee to reimburse the costs <br />of business interruption caused by required coronavirus closures, pursuant to the Budget set forth in Exhibit A, <br />"Grant Budget." No funds shall be used for the purchase/installation of equipment, construction of real estate, <br />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 <br />the 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 <br />this Agreement, to receive money as contemplated herein and to execute and perform the provisions of this <br />Agreement. The execution, delivery and performance of this Agreement has been duly authorized by all necessary <br />company action, and no other action of Grantee or any other party is required for the execution, delivery and <br />performance of this Agreement. 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 <br />laws, ordinances, rules and regulations and executive orders of federal, state, county or municipal governments or <br />agencies 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 />2 <br />