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noted below. <br />For complete applications submitted to CMDC staff by the CITY, CMDC will be responsible <br />for verifying that: <br />a. The grant applicant is actively registered with the Minnesota Office of the Secretary of State <br />as evidenced by a current "Certificate of Good Standing". <br />b. The applicant is not subject to any Minnesota Tax liens. <br />c. The applicant employs 30 or fewer full-time equivalent workers as of January 1, 2020; <br />d. The applicant has demonstrated a financial hardship because of the COVID-19 pandemic. <br />5. CMDC will review complete SBRGP applications and supporting documentation and report to <br />the CITY on the eligibility of the grant request after verifying that applicant meets the <br />requirements noted above. <br />6. CMDC will assist the CITY with the preparation and processing of grant agreements between <br />the CITY and approved grantees. <br />7. Final grant approval, and disbursement of grant funds to approved grantees shall be the <br />sole responsibility of the CITY. <br />2. TERM OF THE AGREEMENT <br />This Agreement is effective commencing the date of execution and shall continue until terminated <br />as provided herein. <br />3. PAYMENT FOR SERVICES <br />In consideration for its services, the CITY agrees to compensate CMDC as follows: <br />a. Underwriting Fee <br />The fee charged for services rendered by CMDC will be: <br />• $500 for each application reviewed for eligibility. <br />• $100 for each grant agreement processed <br />b. Other Expenses <br />Other expenses related to services requested by the CITY for program design and implementation <br />shall be provided by CMDC at the rate of $250 per hour or such other fee as agreed to by the parties <br />to this agreement. An additional $20 will be charged for direct costs associated with each Minnesota <br />tax lien search. Travel to/from the CITY to/from CMDC's offices shall be billed at the prevailing IRS <br />mileage rate in effect. <br />4. CONFIDENTIALITY <br />Subject to the requirements of the Minnesota Government Data Practices Act ("MGDPA"), the CITY <br />agrees that is will not reveal, divulge or make known to any person, firm, or corporation any <br />RESOLUTION #20-194 <br />Page 6 of 8 <br />