2021-011 Resolution - Laserfiche WebLink

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EXHIBIT A 22. Explain how the business will use these grant funds. Indicate specific expenses such as payroll, rent, mortgage, utilities, equipment leases, insurance, or other expenses. A. Each applicant for funds will include in its application an itemization of the expenses it intends to pay with the grant funds, which will be reviewed for compliance with the eligible expenses set forth. B. Following the expenditure of all grant funds, the business shall provide a listing of all business expenses paid using the grant funds along with supporting documentation. Documentation will be in the form of cancelled checks, paid invoices, bank statements or similar documents evidencing payment. The listing of business expenses paid and accompanying documentation shall be submitted no later than 180 days following the receipt of grant funds by the business. Grantees who do not provide these documents risk future funding from the City of North Olmsted. C. All expenses reported as paid using Program funds must either be incurred by the business or paid by the business within ninety (90) days of receipt of grant funds. No grant funds may be used to pay for vehicles or equipment leased or purchased after the date that the application was submitted. ADDITIONAL DOCUMENTATION: All applicants must submit: (i) a copy of the existing lease (or mortgage); (ii) evidence that the business is current and in good standing on payment of rent (or mortgage) prior to submitting the application; (iii)evidence of expenses sought to be paid or reimbursed under the Program; and (iii iv) Completed Form W-9. Applications will not be considered until all documents have been received. The undersigned certifies that he/she is authorized to complete, sign and submit this application on behalf of the applicant/owner. Further, the undersigned certifies that the information contained in this application has been reviewed by him/her and that all information, including additional documents, are, to the best of his/her knowledge, complete and accurate and presents fairly the condition of the applicant and project accurately. Intentionally falsifying information in this document constitutes a criminal offense. The undersigned understands that additional information may be required to finalize the approval process. The undersigned also understands that the submission of the application for financial assistance does not automatically constitute approval. By signing below, I acknowledge that I have read, understand, and agree to the policies and procedures outlined in this document. Name of Applicant: Title: Signature: Date: 5