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SMALL BUSINESS RELIEF GRANT PROGRAM <br />UNDERWRITING SERVICES AGREEMENT <br />BY AND BETWEEN <br />CITY OF RAMSEY <br />AND <br />CENTRAL MINNESOTA DEVELOPMENT COMPANY <br />This agreement is entered into this day of September 2020, by and between the City of Ramsey, a <br />Minnesota Municipal Corporation, located at 7550 Sunwood Drive NW, Ramsey, MN 55303 ("CITY") and <br />Central Minnesota Development Company, a Minnesota non-profit corporation, located at 1885 Station <br />Parkway NW, Andover, MN 55304, ("CMDC"). <br />RECITALS <br />WHEREAS, the CITY has established the Ramsey Small Business Relief Grant Program ("SBRGP") <br />for the purposes of assisting businesses adversely impacted by the COVID-19 Pandemic; and <br />WHEREAS, the SBRGP is designed to provide grant funds to these businesses to assist with <br />expenses resulting from impacts associated with the COVID-19 Pandemic; and <br />WHEREAS, the CITY needs professional underwriting assistance to process SBRGP Grant <br />requests; and <br />WHEREAS, CMDC has the expertise and personnel to adequately provide the underwriting <br />services; and is willing to provide these services to the CITY. <br />NOW THEREFORE, upon reasonable consideration, the receipt and sufficiency of which is hereby <br />acknowledged, the parties hereto agree as follows: <br />1. CITY and its staff will serve as the intake portal for all SBRGP Grant requests and applications. <br />2. CITY staff will review all applications and check for preliminary eligibility and completeness. <br />3. CMDC will train staff on SBRGP program eligibility, individual staff responsibilities and workflow. <br />4. Complete applications along with supporting documentation will be submitted to CMDC staff by CITY <br />for eligibility verification and underwriting. CMDC staff will intake and log information received from <br />CITY for the businesses preliminarily selected to receive a SBRGP grant award. CMDC staff will <br />collect any additional information needed for verification responsibilities noted below. <br />For complete applications submitted to CMDC staff by the CITY, CMDC will be responsible for <br />verifying that: <br />