2020/12/16 Council Agenda Packet

Schedule A Project This project is funded by CARES Act funding and shall comply with the following: Section 5001 of the CARES Act provides that payments from the Fund may only be used to cover costs that 1. are necessary expenditures incurred due to the public health emergency with respect to the Coronavirus Disease 2019 (COVID-19) 2. were not accounted for in the budget most recently approved as of March 27, 2020 (the date of enactment of the CARES Act) for the State or government, and 3. were incurred during the period that begins on March 1, 2020 and ends on December 30, 2020. City shall: 1. Using previous criteria established by the City for awarding grants to small businesses, review applications for small business grants. 2. Compare applications for small business grants against established criteria for award. 3. Eliminate any applications for small businesses that have previously received money through Snohomish County's R3 Grant program. Eliminate any applications for small businesses for uses not allowed by Section 5001 of the CARES Act. 4. Recommend award for qualifying small businesses by providing a list to the County 5. Ensure that aggregate total grant amounts to qualifying small businesses (Awardees) do not to exceed the Contract Maximum of this Agreement 6. Distribute funds to County approved Awardees on or before December 18, 2020 7. Provide to the County, no later than December 29 2020 a detailed spreadsheet of Awardees that have received distributions City shall ensure that spreadsheet contains for each Awardee: the business name, UBI number, and amount awarded City shall also provide an invoice for the distributions documented in the spreadsheet.