Laserfiche WebLink
basis until all such funds have been expended for Performance Grants, or until either party terminates <br />this Agreement as permitted herein. <br />(d) All unencumbered and unused Grant funds contributed to the Fund which remain in the <br />Fund upon termination of this Agreement shall be immediately returned to the County. <br />SECTION 1.04 Program Income <br />(a) If a Borrower's business project for which a Performance Grant was disbursed fails, is <br />terminated, or if the Borrower defaults on Performance Grant Program requirements such that <br />Performance Grant proceeds must be returned to the Program, said proceeds shall be retained within <br />the Fund as program income and re- disbursed for eligible activities of the Program. <br />(b) A record of such returned Performance Grant proceeds shall be reported in the <br />quarterly performance report described in Section 3.05 of this Agreement. <br />ARTICLE II <br />Representations and Warranties <br />The Grantee represents and warrants to the County as of the date of this Agreement and <br />throughout the time period set forth as described in Section 1.03 of this Agreement the following: <br />SECTION 2.01 Authority <br />This Agreement has been properly authorized pursuant to the required provisions of any and <br />all charter provisions, ordinances, resolutions and regulations of the Grantee. The individuals signing <br />on behalf of the Grantee are authorized to execute this Agreement on behalf of the City of Lakewood. <br />SECTION 2.02 Material Facts <br />No representation or warranty contained <br />schedule or other document furnished or to be <br />contain any known misstatement of material fac t <br />required to be stated herein. <br />SECTION 2.03 Findings for Recovery <br />herein or made hereunder and no certificate, <br />furnished in connection herewith contains or will <br />or any intentional omission of any material fact <br />Grantee represents and warrants that it is not subject to an "unresolved" finding for recovery <br />under Ohio Revised Code Section 9.24. If this representation and warranty is determined to be false, <br />this Agreement is void ab initio, and Grantee must immediately repay to County any funds paid under <br />this Agreement and must make the County whole for any damages sustained by the County as a <br />result of such false representation and warranty. <br />SECTION 2.04 Non - Discrimination <br />The Grantee shall act under this Agreement in a manner such that no discrimination will be <br />exercised against any person because of race, color, religion, or national origin, as provided in Title VI <br />of the Civil Rights Act of 1964, and that violation thereof shall be deemed a material breach of this <br />Agreement. <br />SECTION 2.05 Public Records <br />Grantee acknowledges and agrees that as political subdivisions, both the Grantee and the <br />County are subject to the requirements of the Ohio Public Records Law. When Grantee submits <br />3of17 <br />