HomeMy WebLinkAboutKarma Bar-3/22/2010The Parties
The Business Financial Assistance
Disaster Recovery Business Rental Assistance Program Contract
CONTRACT #
BRAP084
AWARD DATE:
, 2010
PROJECT COMPLETION DATE:
November, 2009
CITY: City of Waterloo CONTACT PERSON: Noel Anderson, Director of
715 Mulberry Street Community Planning and Development
Waterloo, Iowa 50703 Email: Noel.Anderson@waterloo-ia.org
Phone: (319) 291-4366
Fax: (319) 291-4262
BUSINESS: Karma Bar
309 W 4th St
Waterloo, Iowa 50701
CONTACT PERSON: Nedzad Okanovic
Email:
Phone: (319) 290-6469
Fax:
RENTAL ASSISTANCE AMOUNT:
$16,800
TERMS:
PROJECT DESCRIPTION:
The Business must:
This rental assistance is provided by the City to the
• Locate in a business rental
Business to complete the Project as described in
space that was physically
its application and summarized here. Funds shall
damaged by the 2008 natural
be used by the Business for rental assistance for
disaster(s).
the period [06/09] to [11/09].
• Enter into a minimum one-year,
market -rate lease.
• Remain open for the duration of
the six-month period for which
rental assistance is awarded.
• Not be in default of any term of
this Contract.
THE UNDERSIGNED AGREE to be bound by the terms and conditions stated above and the
following documents incorporated by this reference and attached to this Contract: (1) Exhibit A- Disaster
Recovery Business Rental Assistance Program General Provisions (July 2009), and (2) Exhibit B -
Business's Application for Disaster Recovery Business Rental Assistance Program assistance The
Parties have entered into this Contract, effective as of the last date stated below (the "Contract Effective
Date").
FOR THE BUSINESS:
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