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RECITALS <br /> This Agreement is entered into upon the basis of the following facts and drcumstances: <br /> L City: The City of Everett,which is hereafter referred - <br /> to as"City"or Grantor" <br /> 2. Business Applicant(herein referred to as J.MATHESON GIFTS,INC. <br /> "Business"or"Grantee'); <br /> 3. Address: g61S COIIBY AVE,EVERETT,WA 95201 <br /> 4. Phone; 425-258-2287 <br /> 5_ Contact Person: JUDY MATHESON <br /> 8_ DUNS Number 62-249-9929 <br /> 7. Tide of Program being Funded; Everett CARES Round 2 Small Business Grant <br /> B. Tone of Performance: Beginning; August 1,2020 <br /> Ending: July 31,2021 <br /> 9, Amount of Agreement/Grant Award: #10,0000.00 <br /> 10 This Agreement/grant award and the rights and <br /> obligations of both parties hereto shall be subject <br /> to and governed by the following.Incorporated by <br /> reference herein at is fully set forth; <br /> (1)Grant Budget attached hereto or Exhibit"A" <br /> (2)Expense Reporting toner attached hereto or <br /> Exhibit"B' <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 2 Small Business Grant Program and relying on thr. <br /> information provided by the Business,the City has determined that Business is a small business at risk of tong-term business injury <br /> or closure as a result of the Corvnarirus;and <br /> The Business wishes to receive a grant from the City in the sum of Ten'i'hausmd Cfollan($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 of federal <br /> funds,such as SBA Paycheck Protection, <br /> NOW,THEREFORE,In consideration of the foregoing Recitsls and the covenants,conditions,representations and <br /> warranties contained herein,the parties hereto agree as follows: <br /> I. THE GRANT <br /> A_ tug l ty <br /> The Grantee shall comply with all appliceble laws,ore nences,,codes,regulations,and policies of local,state,and federal <br /> governments,as now or hereafter amended AN 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 spectftc a ly <br /> for COVID related impacts. <br /> 1 <br />