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11-04-2020 Special Council Packet
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11-04-2020 Special Council Packet
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SUPPORTING DOCUMENTS <br />The following documents must accompany a completed application <br />1.Provide one of the following demonstrating financial hardship as a result of the COVID-19 pandemic <br />a.2020 year-to-date P&L statement as compared to 2019 P&L statement. <br />b.Other financial documentation such as monthly revenue statements from April to September, 2019 <br />compared to April to September, 2020 (minimum of 6 months). <br />2.Evidence that you own or lease the space your business is located in. Example documentation includes a copy <br />or statement of the lease including terms, mortgage statement, property tax statement, or other documents to <br />show proof of occupancy within the City of Little Canada. <br />3.Itemized list of COVID-19 related expenses that have not received any federal, state, or local grants in 2020. <br />4.Itemized list of expenditures on how the grant will be used. <br />APPLICATION PROCESS <br />1. Once the application has been received, city staff will review to ensure all documents have been properly submitted. <br />2. Applications will be rated based on amount requested and demonstrated need as limited grant funds are available. <br />3. Final grant awards will be made by the City of Little Canada Economic Development Authority (EDA) by 11/10/20. <br />4.City staff will contact applicants regarding grant awards and distribute grant funds on or before 11/15/20. <br />APPLICANT ACKNOWLEDGEMENT <br />1.The Applicant shall hold the City of Little Canada ("City") and, its officers, consultants, attorneys, and agents harmless from <br />any and all claims arising from or in connection with the Grant Program or its Application, including but not limited to, any <br />legal or actual violations of any State or Federal laws. <br />2.The Applicant recognizes and agrees that the City retains all authority and discretion to decide whether or not to accept or <br />deny any particular Grant Application, and that all expenditures, obligations, costs, fees, or liabilities incurred by the <br />Applicant in connection with the Grant Application are incurred by the Applicant at its sole risk and expense. <br />3.The Applicant acknowledges that it has read the COVID-19 Business Relief Grant Program guidelines and <br />understands that if approved for funding, grant funds awarded must only be used to pay eligible expenses.
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