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Agenda - Economic Development Authority - 07/16/2020
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Agenda - Economic Development Authority - 07/16/2020
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3/14/2025 3:39:34 PM
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7/20/2020 1:54:27 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Economic Development Authority
Document Date
07/16/2020
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distributed for any grant award until a grant agreement has been executed by all <br />required parties. <br />9. Reporting: As a condition for receiving grant funding, all grant recipients are <br />required to submit a brief report to the EDA within two months after receiving <br />grant funds, specifying how the entirety of the grant funds were utilized and <br />providing evidence in the form of paid invoices, statements, or similar <br />documentation (see sample report form attached). <br />10. Funding Availability: The Small Business Emergency Assistance program has a <br />limited amount of funds available. Awards will be provided on a first -come, first - <br />served basis until the earlier of the date the fund is exhausted, or the city -declared <br />state of emergency declaration is lifted. <br />11. Indemnification: All grant recipients shall be required to indemnify the City of St. <br />Louis Park, the St. Louis Park Economic Development Authority, and any officers <br />acting on their behalf. <br />4 <br />
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