Laserfiche WebLink
II. Grant of Monies. <br />The Sub-Grantor agrees to make available to Sub-Grantee a grant of up to $,- to <br />reimburse Sub-Grantee for the acquisition of the interoperable radio communications equipment <br />identified on the attached Exhibit B, which is incorporated herein and made a part hereof. Sub- <br />Grantee shall use the proceeds of the Grant only for the purchase of the equipment identified in <br />Exhibit B. Sub-Grantee's reimbursement shall be limited to a maximum of 80% of the cost to <br />purchase the equipment, and Sub-Grantee must provide a 20% match for such cost. The 20% match <br />is calculated using the following formula: ((grant amount x 100}/ 80) -grant amount. <br />III. Sub-Grantee Representations and Warranties. <br />With respect to this Grant, Sub-Grantee represents and warrants to Sub-Grantor as follows: <br />1. It has the legal authority to enter into, execute and deliver this agreement, and it has <br />taken or will take prior to disbursement of any Grant proceeds all actions necessary to the execution <br />and delivery of this agreement and has the legal authority to purchase the equipment identified in <br />Exhibit B. <br />?. This Agreement is a legal, valid and binding obligation of the Sub-Grantee and is <br />enforceable against the Sub-Grantee according to its terms. <br />3. It will comply with all of the terms, conditions, and warranties in this Agreement. <br />4. To the best of its knowledge, it has made. no material false statement of fact in <br />connection with its receipt of this Grant, and all of the information. previously submitted to Sub- <br />Grantor ar which it will submit to the Sub-Grantor in the future relating to this Grant or the <br />disbursement of any of the Grant is and will be true and correct. <br />5. It will use the Grant proceeds solely for expenditures to purchase the equipment <br />identified on Exhibit B. Provided, however, that Sub-Grantee may use Grant proceeds to purchase <br />other interoperable radio equipment for the PSIC Grant, so long as such equipment is listed on the <br />Statewide Radio Board's approved equipment list. In no case shall such substituted use of Grant <br />proceeds increase the Grant amount. <br />fi, It has or will comply with the matching fund requirements of Section IV ~ of this <br />Agreement, ` <br />N. Consideratioan and Fayment. <br />Sub-Grantor will reimburse Sub-Grantee for all eligible and approved expenditures under <br />this Sub-Grant Agreement as follows:. <br />L Compensation. Sub-Grantee will be reimbursed in an amount not to exceed. <br />_74_ <br />