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RECITALS
<br /> This Agreement is entered Into upon the basis of the following facts and circumstances:
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<br /> 1. City: k,. The City of Everett,which is hereafter referred
<br /> L'4t. ‘ , ► to as"City"or"Grantor„
<br /> 2. Business Applicant
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<br /> "Business"or"Grantee"): c,' Q, _ go 6 „,,,.
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<br /> 3. Address: (tk o 1,,t, v •, Click or tap here to enter text
<br /> 4. Phone: (20(,);44ficric, 60,X
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<br /> 5. Contact Person: 4 1 I I Cliiir, w • h ent xw
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<br /> 6. DUNS Number Click or tap here to enter text.
<br /> 7. Title of Program being Funded: Everett CARES Round 2 Small Business Grant
<br /> 8. a ,
<br /> Time of Performance:
<br /> Beginning: August 1,2020
<br /> Ending: July 31,2021
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<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 be subject
<br /> to and governed by the following,incorporated by
<br /> reference herein as is fully set forth:
<br /> (1)Grant "A"
<br /> Budget attached hereto or Exhibit
<br /> (2)Expense Reporting Form 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 the
<br /> information provided by the Business,the City has determined that Business is a small business at risk of long-term business injury
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<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($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 Recitals and the covenants,conditions,representations and
<br /> warranties contained herein,the parties hereto agree as follows:
<br /> I. 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.
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