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Lr EVERETT <br /> WASHINGTON <br /> RECITALS <br /> This Agreement is entered into upon the basis of the following facts and circumstances: <br /> 1- City: The Cit <br /> y of Everett,which is hereafter referred to <br /> as"City"or"Grantor" <br /> 2 Business tic (herein refereed to as"Business" Click or tap here to enter text. <br /> or "): <br /> Address. C-,•t ra1A iS i n dw k- <br /> k t kA <br /> Ch akiap er �oventvntww.,v vt1 (tr. <br /> 4. phone: c� <br /> Clicl here to enter text. 153 _ 6 6 <br /> S. Contact Person: <br /> Click or tap here to enter text. <br /> CJr '►'‘ T Oy <br /> 6. DUNS Number <br /> Click or tap here to enter text. <br /> 7- Title of Program being Funded: <br /> Everett CARES Round 2 Small Business Grant <br /> 8- Time of Performance: <br /> Beginning: August 1,2020 <br /> Foiling: July 31,2021 <br /> 9. Amount of Agreement/Grant Award S 10,000.00 <br /> 10. <br /> This Agreement/grant award and the rights and <br /> obligations of both parties hereto shall be subject to <br /> and governed by the following,incorporated by <br /> reference herein as is fully set forth: <br /> (1)Grant Budget attached hereto or Exhibit"A" <br /> (2)Expense Reporting Form attached hereto or <br /> Exhibit"B" <br /> The City has fiords available,authorized by the City Council for helping businesses respond to the negative economic impact of <br /> the Coronaviros;and <br /> The Business has applied for 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-term business injury <br /> or closure as a result of the Coronavirus;and <br /> The Business wishes to receive a grant from the City in the sum of Ten Thousand Dollars(S10,000)to be used as waking <br /> capital to retain jobs,to expand commerce,and to off-set the negative impact of the coronaviris 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,suds as SBA Paycheck Protection. <br /> NOW,THEREFORE,in consideration of the foregoing Recitals and the covenants,editions,representations and warranties <br /> Mined herein,the patties hereto agree as follows: <br /> I.THE GRANT <br /> A. ebil <br /> ,E Crt>�eG shtdi amply with all applicable laws,ordinances,codes,regulations,and policies of local.state,and federal <br /> as ar}hereafter amended All fimds provided under this Agreement must be used for to reimburse the <br /> iness <br /> iliternIP moused by required closures. Grantee must ensure the fused ale <br /> used specifically for COVED <br /> coos of bus <br /> related imP*s- <br /> B. nasals „x,s representations and warranties,and subject to the terms and conditions contained in this <br /> En reliance uP°ny agrees to cause finds to be advanced to Grantee in a maximum aggregate principal amount <br /> the 0p(S10,000)("Grant"),solely for the purposes set forth in Section C below Grantee shall have <br /> W i <br /> Ts1>�� ds only pursuant to the teens and conditions of this Agreement. <br /> o W receive <br />