Agenda - Economic Development Authority - 07/16/2020

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Applicant Acknowledgements 1. The Applicant shall hold the EDA, its officers, consultants, attorneys, and agents harmless from any and all claims arising from or in connection with the Grant Program or its Application, including but not limited to, any legal or actual violations of any State or Federal laws. 2. The Applicant recognizes and agrees that the EDA retains absolute authority and discretion to decide whether or not to accept or deny any particular Grant Application, and that all expenditures, obligations, costs, fees, or liabilities incurred by the Applicant in connection with the Grant Application are incurred by the Applicant at its sole risk and expense. 3. The Applicant acknowledges that it has read the Emergency Business Assistance Grant Program guidelines and understands that if the application is approved for funding, grant funds awarded must only be used to pay eligible expenses. 4. Financial Assistance Certification: I hereby certify that the Small Business Emergency Assistance is necessary due to direct and adverse effects related to the COVID-19 pandemic and/or Executive Orders 20-04 and 20-08. The undersigned, a duly authorized representative of the Applicant, hereby certifies the foregoing information is true, correct, and complete as of the date hereof; and agrees that: • All proceeds from the grant will be used for eligible business expenses under the Small Business Emergency Assistance Program; • Applicant will file a report with the City of St. Louis Park within two months of receiving a grant describing and documenting how awarded funds were spent; • Applicant shall be bound by all terms and provisions of the Small Business Emergency Assistance Program. Name/Title of Authorized Business Representative Signature of Authorized Business Representative Date 7