Resolution - #20-194 - 09/08/2020

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SMALL BUSINESS RELIEF GRANT PROGRAM UNDERWRITING SERVICES AGREEMENT BY AND BETWEEN CITY OF RAMSEY AND CENTRAL MINNESOTA DEVELOPMENT COMPANY This agreement is entered into this day of September 2020, by and between the City of Ramsey, a Minnesota Municipal Corporation, located at 7550 Sunwood Drive NW, Ramsey, MN 55303 (“CITY”) and Central Minnesota Development Company, a Minnesota non-profit corporation, located at 1885 Station Parkway NW, Andover, MN 55304, (“CMDC”). RECITALS WHEREAS, the CITY has established the Ramsey Small Business Relief Grant Program (“SBRGP”) for the purposes of assisting businesses adversely impacted by the COVID-19 Pandemic; and WHEREAS, the SBRGP is designed to provide grant funds to these businesses to assist with expenses resulting from impacts associated with the COVID-19 Pandemic; and WHEREAS, the CITY needs professional underwriting assistance to process SBRGP Grant requests; and WHEREAS, CMDC has the expertise and personnel to adequately provide the underwriting services; and is willing to provide these services to the CITY. NOW THEREFORE, upon reasonable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereto agree as follows: CITY and its staff will serve as the intake portal for all SBRGP Grant requests and applications. 1. CITY staff will review all applications and check for preliminary eligibility and completeness. 2. CMDC will train staff on SBRGP program eligibility, individual staff responsibilities and 3. workflow. Complete applications along with supporting documentation will be submitted to CMDC 4. staff by CITY for eligibility verification and underwriting. CMDC staff will intake and log information received from CITY for the businesses preliminarily selected to receive a RESOLUTION #20-194 Page 5 of 9