HomeMy WebLinkAboutIowa Department of Economic Development-Grant Agreement-10.02.2008 I OWA
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The Honorable Tim Hurley
City of Waterloo
City Hall
715 Mulberry Street
Waterloo, IA 50703
Re: Jumpstart (State) Small Business Disaster Recovery Financial Assistance (09-
JMPST-09) Agreement Number:
Dear Mayor Hurley:
Enclosed is a copy of the fully executed JMPST Agreement with the Iowa Department of
Economic Development (IDED). The Agreement number is 09-JMPST-09 and should
be referenced in all correspondence relating to it.
Sub Agreements:
Please submit copies of any sub-agreements, i.e., Cog's, Chambers of Commerce, etc.,
that you have executed with other entities with which you will be contracting. .
Request for Funds:
Please see the attached example of the General Accounting Expenditures (GAX) form
which will be used to request funds under the Jumpstart Small Business Assistance
Program. (Please note that an electronic version will be sent to you for your actual use.
You will complete the requested information for the highlighted areas indicated in the
document. This will require you to retype over the sample data that is shown in those
areas).
You will need to submit:
• a signed original GAX Form and two (2) copies for each payment request
submitted
• a copy of the County's/City's check to sub-contractor, i.e. COG, Chamber of
Commerce, etc.
• copies of loan checks to businesses
• copies of corresponding promissory notes executed with businesses
For your convenience, detailed instructions along with an example are included with the
attached GAX form. Questions concerning the completion of the GAX form should be
directed to Katie Caggiano, Budget Analyst, at (515)242-4802 or
katie.caggiano(&iowalifechanginq.com.
Chester J.Culver,Governor IOWA DEPARTMENT OF ECONOMIC DEVELOPMENT Patty Judge,Lieutenant Governor
Mike Tramontina,Director 200 East Grand Avenue,Des Moines,Iowa USA 50309 Phone:515.242.4700 Fax:515.242.4809 www.iowalifechanging.com
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Please submit the required documents to me at the contact information listed below.
Please note that this GAX form is used ONLY to request State Funds. Additional funds
cannot be made available until these forms are signed and returned to our office.
Subsequent requests can be directed to me. Please limit request for funds to no more
than one (1) request per week.
If you have any questions, please feel free to call me at 515/242-4735.
Sincerely,
cc,
i e B. Harris, Project Manager
Business Development Division - Finance RECEIVED OCT 14 2008
Iowa Department of Economic Development
200 East Grand Avenue
Des Moines, Iowa 50309 USA
Ph. No.: (515)242-4735
Fax No.: (515)242-4776
e-mail:stoney.harris(a�iowalifechanginq.com
SH/
Enclosure •
'1 4_ ar-1
Chester J.Culver,Governor IOWA DEPARTMENT OF ECONOMIC DEVELOPMENT Patty Judge,Lieutenant Governor
Mike Tramontina,Director • 200 East Grand Avenue,Des Moines,Iowa USA 50309 • Phone:515.242.4700 • Fax:515.242.4809 • www.iowaIifechanging.com
IA DEPT.OF ECONOMIC DEVELOPMENT
OCT 7 2008
IOWA DEPARTMENT OF ECONOMIC DEVELOPMENT BUREAUOFBUSINEBSFlNANCE
Jumpstart Small Business Assistance Program
Grant Agreement
This Grant Agreement (the "Agreement") is between the Iowa Department of Economic
Development and the Grantee (collectively, the "Parties") identified below as of the Effective
Date stated:
The Parties:
GRANTEE IDED
GRANTEE: City of Waterloo Iowa Department of Economic Development
200 East Grand Avenue
GRANTEE ADDRESS: Des Moines, IA 50309
City Hall
715 Mulberry Street
Waterloo, IA 50703
GRANTEE CONTACT IDED CONTACT: Stoney Harris, Program
Mayor Tim Hurley Manager
E-mail: mayor@waterloo-ia.org Email:
Phone: (319)291-4301 Stoney. Harris@iowalifechanging.com
Fax: (319)291-4286 Phone: (515)242-4735
Fax: (515)242-4918
The Grant:
GRANT AGREEMENT EFFECTIVE DATE:
# 09-JMPST-09 September 17, 2008
MAXIMUM GRANT AMOUNT: INITIAL ALLOCATION OF FUND:
$ 341,884 $ 113,961
MAXMIMUM ADMININSTRATION FEE: PROJECT COMPLETION DATE: June 30,
$ 6,837 2009
In consideration of the promises and mutual covenants and agreements contained
herein, the Parties;agree as follows:
ARTICLE 1
AGREEMENT DURATION
This Agreement shall be in effect as of the Effective Date first stated and shall remain in
effect until the Project Completion Date or until all of Grantee's obligations and liabilities under
this Contract have been satisfied, whichever occurs later.
ARTICLE 2
FUNDING
2.1 Funding Source. The source of funding for this Grant is a reallocation of state
funds to the Department's Small Business Disaster Recovery Financial Assistance Program (the
"Program").
2.2 Reduction, Discontinuance or Alteration of Funding. Any termination, reduction, or
delay of funds available due, in whole or in part, to (i) lack of, reduction in, or a deappropriation
of funds, or (ii) any other reason beyond the IDED's control may, in the IDED's discretion, result
in the termination, reduction or delay of funds to the Grantee.
ARTICLE 3
DEFINITIONS;
DOCUMENTS INCORPORATED BY REFERENCE; AND ORDER OF PRIORITY
3.1 Definitions. The following terms apply to this Agreement:
"Project"means the description of the work and activities to be provided by the Grantee
as outlined in Exhibit A, Work Statement.
"Project Completion Date"means the date stated above and is the date by which all
Project activities shall be satisfactorily completed by Grantee.
3.2 Documents Incorporated by Reference. The following documents are
incorporated by reference and considered an integral part of this Agreement
Exhibit A - Work Statement
Exhibit B - Letter of Application from Grantee.
3.4 Order of Priority. In the case of any inconsistency or conflict between the specific
provisions of this document and the exhibits, the following order of priority shall control:
(a) Agreement, Articles 1-9.
(b) Exhibit A—Work Statement.
ARTICLE 4
AWARD TERMS
4.1 Description of the Project and Grant Award. The IDED has approved an Award to
the Grant in the total amount identified in the chart on page one of this Agreement. Grant funds
have been awarded to the Grantee to administer the Program within its service area to provide
assistance to businesses impacted by the 2008 natural disasters.
4.2 Terms of the Grant. The terms of this Grant are as follows:
(a) Administration obligations. Grantee shall provide the work and services described in
Exhibit A, Work Statement. These services include application review and processing,
contracting, reporting, and Program oversight. The Grantee shall have the primary responsibility
for the Project and shall be the fiscal agent. Grantee shall ensure that the Program is
administered in compliance with IDED's administrative rules for the Program (261 Iowa
Administrative Code Chapter 78). The Grantee shall have the operational, oversight and fiscal
responsibility for the Project. If consultant(s) are to be hired in association with the Project, the
Grantee is responsible for recruiting, selecting, and contracting (e.g. terms and conditions,
scope of work, payment) with consultant(s).
(b) Administration fee. Grantee shall receive an amount equal to 2% of the initial
disbursement of Grant funds. Thereafter, Grantee shall receive 2% of the funds actually loaned
by the Grantee to eligible businesses under the Program from subsequent disbursements. The
administrative fee shall be paid from the allocation made to the Grantee, not in addition thereto.
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(c) Redistribution of Unused Funds. If by April 30, 2009, the Grantee has not obligated
funds to eligible businesses for allowable activities, IDED will reallocate funds to entities that
have demonstrated additional unmet need for financial assistance.
4.2 Acknowledgement of Obligations. Grantee acknowledges and agrees that: a) this
Grant is made in consideration of Grantee's representations and warranties described in this
Agreement, and b) upon violation of such covenants and warranties, Grantee is obligated to
immediately repay any amounts IDED determines Grantee received without fulfillment of
Grantee's obligations under this Agreement, plus applicable interest and costs described in
Article 8.
ARTICLE 5
CONDITIONS TO DISBURSEMENT OF FUNDS; DISBURSEMENT TERMS
The obligation of IDED to make, continue or disburse funds under this Agreement shall
be subject to the following conditions precedent:
5.1 Documents Submitted. IDED shall have received each of the following documents,
properly executed and completed, and approved by IDED as to form and substance:
(a) Grant Agreement. Fully executed Grant Agreement.
(b) Requests for Disbursement. All disbursements of Grant funds shall be subject to
receipt by the IDED of requests for disbursement, in form and content acceptable to IDED,
submitted by the Grantee. All requests shall include documentation of costs that have been paid
or costs to be paid immediately upon receipt of Grant funds. The Grantee shall submit to IDED
such supporting evidence as may be reasonably requested by IDED to substantiate all
payments which are to be made out of any requisition and/ or to substantiate all payments then
made with respect to the Project.
5.2 Prior Costs. No expenditures made prior to the Effective Date may be included as
Project costs.
5.3 Suspension of Disbursement. Upon the occurrence of an Event of Default (as
defined in Article 8) IDED may suspend payments to Grantee until such time as the default has
been cured to IDED's satisfaction. Notwithstanding anything to the contrary in this Agreement,
upon a termination of this Agreement on account of an Event of Default, Grantee will no longer
have the right to receive any disbursements after the effective date of default.
5.4 Investment of Grant Funds.
(a) In the event that Grant Funds are not immediately utilized, temporarily idle Grant
Funds held by the Grantee may be invested provided such investments shall be in accordance
with State law, including but not limited to the provisions of Iowa Code chapter 12C concerning
the deposit of public funds. Interest accrued on temporarily idle Grant funds held by the
Grantee shall be credited to and expended on the Project prior to the expenditure of other Grant
funds.
(b) All proceeds remaining, including accrued interest, after all allowable Project costs
have been paid or obligated shall be returned to the IDED within thirty (30) days after the
Project Completion Date. Within ten (10) days of receipt of a written request from IDED,
Grantee shall inform the IDED in writing of the amount of unexpended Grant funds in the
Grantee's possession or under the Grantee's control, whether in the form of cash on hand,
investments, or otherwise.
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ARTICLE 6
REPRESENTATIONS AND WARRANTIES
Grantee represents and warrants to IDED as follows:
6.1 Authority and Validity of Obligations. Grantee has full right and authority to enter into
this Agreement. The person signing this Agreement has full authority to:
(a) Sign this Agreement on behalf of the Grantee, and
(b) Obligate the Grantee to the performance of each and all of the obligations under
the Agreement.
6.2 Approvals received. This Agreement delivered by the Grantee has been duly
authorized, executed and delivered by the Grantee and constitutes the valid and binding
obligations of the Grantee and enforceable against it in accordance with their terms. Grantee
has secured all necessary authorizations and approvals with any governmental, regulatory or
governing board that may be necessary to permit Grantee to execute this Agreement and
comply with its terms.
6.3 Use of Proceeds. The Grantee hereby agrees to use Grant funds only for the
Project and for the activities described in Exhibit A, Work Statement.
6.4 Governmental Authority and Licensing. Grantee has received all licenses, permits,
and approvals of all Federal, state, local, and foreign governmental authorities, if any, necessary
to conduct its business, in each case where the failure to obtain or maintain the same could
reasonably be expected to have a material adverse effect. No investigation or proceeding
which, if adversely determined, could reasonably be expected to result in revocation or denial of
any material license, permit, or approval is pending or, to the knowledge of the Grantee
threatened.
6.10 Litigation and Other Controversies. There is no litigation or governmental
proceeding pending, nor to the knowledge of the Grantee threatened, against the Grantee which
if adversely determined would adversely impact Grantee's ability to perform under this
Agreement.
6.11 Compliance with Laws. Grantee is in compliance with the requirements of all
federal, state and local laws, rules and regulations applicable to or pertaining to the operations
of Grantee.
6.12 Effective Date of Representations and Warranties. The warranties and
representations of this Article are made as of the Contract Effective Date and shall be deemed
to be renewed and restated by the Grantee at the time each request for disbursement of funds
is submitted to the IDED.
ARTICLE 7
COVENANTS
7.1 Performance Obligations. By the Project Completion Date, Grantee shall complete
the Project in accordance with the Work Statement as detailed in Exhibit A and comply with all
other performance requirements described in this Agreement. Grantee shall promptly provide
IDED with written notice of any major changes that would impact the success of the Project.
7.2 Repayment Obligations. Upon the occurrence of an unremedied Event of Default as
described in Article 8 Grantee agrees to immediately repay such amounts determined by IDED
as due and payable.
7.3 Required Reports. For the duration of this Agreement Grantee shall provide IDED
with required reports to assist in evaluation of the Program's effectiveness and to determine
compliance with this Agreement. Grantee shall:
(a) Disbursement Requests. Grantee shall prepare, sign and submit disbursement
4
requests and reports as specified in this Agreement in the form and content required by IDED.
Grantee shall review all disbursement requests and verify that claimed expenditures are
allowable costs. Grantee shall maintain documentation adequate to support the claimed costs.
(b) Reports. Grantee shall prepare, sign and submit required reports to the IDED. The
Grantee shall submit a written report to the IDED on a quarterly basis for IDED's review to verify
that the terms of this Agreement have been met. Reports shall be completed in the manner and
form provided by IDED. IDED may request more frequent reports or additional information, if
deemed necessary. Grantee shall promptly comply with all such requests.
7.4 Inspection and Audit. Grantee shall permit the IDED and its duly authorized
representatives to visit and inspect any of the Grantee's properties, books and financial records
related to the Project, to examine and make copies of the books of accounts and other financial
records, and to discuss the affairs, finances and accounts with, and to be advised as to the
same by, its officers, and independent public accountants (and by this provision Grantee
authorizes such accountants to discuss with the IDED and the IDED's duly authorized
representatives the finances and affairs of the Grantee) at such reasonable time and reasonable
intervals as the IDED may designate.
7.5 Compliance with Laws.
(a) Grantee will comply in all material respects with the requirements of all federal, state
and local laws, rules, regulations and orders
(b) Grantee shall comply in all material respects with all applicable federal, state, and
local laws, rules, ordinances, regulations and orders applicable to the prevention of
discrimination in employment, including the administrative rules of the Iowa Department of
Management and the Iowa Civil Rights Commission which pertain to equal employment
opportunity and affirmative action.
(c) Grantee shall comply in all material respects with all applicable federal, state and
local laws, rules, ordinances, regulations and orders applicable to worker rights and worker
safety.
(d) Grantee shall comply with IDED's administrative rules for the Small Business
Disaster Recovery Financial Assistance Program (261 IAC - Chapter 78).
7.6 Use of Grant Funds. Grantee shall use Grant funds extended under this Contract
solely for the purposes set forth in Exhibit A.
7.7 Notice of Proceedings. Grantee shall promptly notify IDED of the initiation of any
claims, lawsuits, or other proceedings brought against Grantee which would adversely impact
the Project.
7.8 Accounting Records. Grantee is required to maintain its books, records and all
other evidence pertaining to this Agreement in accordance with generally accepted accounting
principles and such other procedures specified by IDED. These records shall be available to
IDED, its internal or external auditors, the Auditor of the State of Iowa, the Attorney General of
the State of Iowa and the Iowa Division of Criminal Investigations at all times during the
Agreement duration and any extensions thereof, and for three (3) full years from this Agreement
is closed out by IDED.
7.9 Indemnification. Grantee shall indemnify, defend and hold harmless the IDED, the
State of Iowa, its departments, divisions, agencies, sections, commissions, officers, employees
and agents from and against all losses, liabilities, penalties, fines, damages and claims
(including taxes), and all related costs and expenses (including reasonable attorneys' fees and
disbursements and costs of investigation, litigation, settlement, judgments, interest and
penalties), arising from or in connection with any of the following:
a) Any claim, demand, action, citation or legal proceeding arising out of or resulting from
5
the Project;
b) Any claim, demand, action, citation or legal proceeding arising out of or resulting from a
breach by Grantee of any representation or warranty made by the Grantee in this
Agreement;
c) Any claim, demand, action, citation or legal proceeding which results from an act or
omission of Grantee or any of their agents in its or their capacity as an employer of a
person.
ARTICLE 8
EVENTS OF DEFAULT AND REMEDIES
8.1 Events of Default. Any one or more of the following shall constitute an "Event of
Default"hereunder:
(a) Noncompliance with Agreement. Default in the observance or performance of any
other provision of this Agreement; or
(b) Material Misrepresentation. Any representation or warranty made by the Grantee in
this Agreement or in any statement or certificate furnished by it pursuant to this Agreement, or
made in its request to receive an allocation as an administrative entity (as defined in Program
rules), or in connection with any of the above, proves untrue in any material respect as of the
date of the issuance or making thereof; or
(c) Adverse Change in Financial Condition. Any change shall occur in the financial
condition of the Grantee which would have a material adverse effect on the ability of the
Grantee to perform under this Agreement; or
(d) Bankruptcy or Similar Proceedings Initiated. Either the Grantee shall (1) have
entered involuntarily against it an order for relief under the United States Bankruptcy Code, as
amended, (2) not pay, or admit in writing its inability to pay, its debts generally as they become
due, (3) make an assignment for the benefit of creditors, (4) apply for, seek, consent to, or
acquiesce in, the appointment of a receiver, custodian, trustee, examiner, liquidator or similar
official for it or any substantial part of its Property, (5) institute any proceeding seeking to have
entered against it an order for relief under the United States Bankruptcy Code as amended, to
adjudicate it insolvent, or seeking dissolution, winding up, liquidation, reorganization,
arrangement, adjustment or composition of it or its debts under any law relating to bankruptcy,
insolvency or reorganization or relief of debtors or fail to file an answer or other pleading
denying the material allegations of any such proceeding filed against it, or (6) fail to contest in
good faith any appointments or proceeding described below; or
(e) Appointment of Officials. A custodian, receiver, trustee, examiner, liquidator or similar
official shall be appointed for either the Grantee or any substantial part of any of its respective
property, or a proceeding described above shall be instituted against the Grantee and such
appointment continues undischarged or such proceeding continues undismissed or unstayed for
a period of sixty (60) days; or
(f) Failure to Submit Required Reports. The Business fails to submit complete reports
by the required due dates as outlined in Article 7.2.
8.2 Default Remedies. When an Event of Default has occurred and is continuing, the
IDED may, by written notice to the Grantee
(a) terminate this Agreement and all of the obligations of IDED under this Agreement on
the date stated in such notice, and
(b) suspend pending disbursements and terminate further disbursements of Grant funds,
and
(c) declare the total amount of Grant funds disbursed to be forthwith due and payable,
including any and fees, charges and other amounts payable under this Agreement. The total
6
amount due shall be and become immediately due and payable without further demand,
presentment, protest or notice of any kind.
8.3 Expenses. Grantee agrees to pay to the IDED all expenses reasonably incurred
or paid by IDED including reasonable attorneys' fees and court costs, in connection with any
Default or Event of Default by the Grantee or in connection with the enforcement of any of the
terms of this Agreement.
8.4 Notice of Default and Opportunity to Cure. If IDED has reasonable cause to
believe that an Event of Default has occurred under this Agreement IDED shall issue a written
Notice of Default to the Grantee, setting forth the nature of the alleged default in reasonable
specificity, and providing therein a reasonable period time, which shall not be fewer than twenty
(20) days from the date of the Notice of Default, in which the Grantee shall have an opportunity
to cure, provided that cure is possible and feasible.
ARTICLE 9
MISCELLANEOUS
9.1 Timely Performance. The Parties agree that the dates and time periods specified in •
this Agreement including the timelines established for the Project and more fully described in
Exhibit A, are of the essence to the satisfactory performance of this Agreement.
9.2 Choice of Law and Forum.
(a) In the event any proceeding of a quasi-judicial or judicial nature is commenced in
connection with this Agreement, the proceeding shall be brought in Des Moines, Iowa, in Polk
County District Court for the State of Iowa, if such court has jurisdiction. If however, such court
lacks jurisdiction and jurisdiction lies only in a United States District Court, the matter shall be
commenced in the United States District Court for the Southern District of Iowa, Central
Division.
(b) This provision shall not be construed as waiving any immunity to suit or liability, in
state or federal court, which may be available to the IDED, the State of Iowa or its members,
officers, employees or agents.
9.3 Governing Law. This Agreement and the rights and duties of the Parties hereto
shall be governed by, and construed in accordance with the internal laws of the State of Iowa
without regard to principles of conflicts of laws.
9.4 Agreement Amendments. The Agreement may only be amended if done so in
writing and signed by the Grantee and IDED.
9.5 Notices. All notices hereunder shall be in writing and shall be given to the relevant
party at its address, or e-mail address or fax number as set forth on the first page of this
Agreement. Each such notice, request or other communication shall be effective (i) if given by
facsimile, when such facsimile is transmitted to the facsimile number specified and a
confirmation of such facsimile has been received by the sender, (ii) if given by e-mail, when
such e-mail is transmitted to the e-mail address specified and a confirmation of such e-mail has
been received by the sender, (iii) if given by mail, five (5) days after such communication is
deposited in the mail, certified or registered with return receipt requested, addressed as
aforesaid or (iv) if given by any other means, when delivered at the addresses specified.
9.6 Headings. Article headings used in this Agreement are for convenience of
reference only and are not a part of this Agreement for any other purpose.
9.7 Final Authority. The IDED shall have the authority to reasonably assess whether
Grantee has complied with the terms of this Agreement. Any IDED determinations with respect
to compliance with the provisions of this Agreement shall be deemed to be final determinations
pursuant to Section 17A of the Code of Iowa (2007).
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9.8 Waivers. No waiver by IDED of any default hereunder shall operate as a waiver of
any other default or of the same default on any future occasion. No delay on the part of the
IDED in exercising any right or remedy hereunder shall operate as a waiver thereof. No single
or partial exercise of any right or remedy by IDED shall preclude future exercise thereof or the
exercise of any other right or remedy.
9.10 Counterparts. This Agreement may be executed in any number of counterparts,
each of which shall be deemed to be an original, but all of which together shall constitute but
one and the same instrument.
9.11 Survival of Representations. All representations and warranties made herein or in
any other Agreement document or in certificates given pursuant hereto or thereto shall survive
the execution and delivery of this Agreement and the other Agreement documents and shall
continue in full force and effect with respect to the date as of which they were made until all of
Grantee's obligations or liabilities under this Agreement have been satisfied.
9.12 Severability of Provisions. Any provision of this Agreement which is unenforceable
in any jurisdiction, shall, as to such jurisdiction, be ineffective to the extent of such
unenforceability without invalidating the remaining provisions hereof or affecting the validity or
enforceability of such provision in any other jurisdiction. All rights, remedies and powers
provided in this Agreement or any other Agreement document may be exercised only to the
extent that the exercise thereof does not violate any applicable mandatory provisions of law,
and all the provisions of this Agreement and any other Agreement document are intended to be
subject to all applicable mandatory provisions of law which may be controlling and to be limited
to the extent necessary so that they will not render this Agreement or any other Agreement
document invalid or unenforceable.
9.13 Assignment. This Agreement may not be assigned by Grantee without prior written
consent of IDED.
9.14 Termination. This Agreement may be terminated in the following circumstances:
a) As a result of the Grantee's default under this Agreement; b) As a result of the termination or
reduction of funding to IDED; c) upon written mutual, written agreement of IDED and Grantee.
9.15 Integration. This Agreement contains the entire understanding between the
Grantee and IDED relating to the Project and any representations that may have been made
before or after the signing of this Agreement which are not contained herein, are nonbinding,
void and of no effect. Neither of the Parties has relied on any such prior representation in
entering into this Agreement.
IN WITNESS WHEREOF in consideration of the mutual covenants set forth above and
for other good and valuable consideration, the receipt, adequacy and legal sufficiency of which
are hereby acknowledged, the Parties have entered into this Agreement and have caused their
duly authorized representatives to execute this Agreement, effective as of the Agreement
Effective Date first stated.
FOR IDED: / FOR THE GRANTEE:
BY: BY: /
Michael L. Tramontinar"ir" . Signatre
Timothy J. Hurley, yor
Typed Name and Title
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EXHIBIT A
WORK STATEMENT
[9-17-08]
Grantee shall provide the following work under this Agreement:
1. Program Administration and Oversight.
a. Grantee shall use Grant funds received to administer the State's Small Business
Disaster Recovery Financial Assistance Program within its designated service area.
b. Grantee shall provide oversight and contract administration to ensure that the recipients
of Program funds are meeting contract requirements.
c. Grantee shall enter into a contract with the business to provide assistance under the
Program. The contract shall include terms and conditions that meet Program
requirements, including requiring repayment if funds are not used in compliance with the
Program. The contract shall provide that the loan will be forgiven if the business re-
opens within 12 months of the Award Date and if applicable, upon receipt of
documentation that the business has purchased and installed the energy-efficient
equipment
2. Award Forgivable Loans to Eligible Businesses.
a. Grantee shall process applications for assistance from the Program and award
forgivable loans to eligible businesses.
b. Awards will be made to businesses meeting the following criteria:
• The business sustained physical damage or economic loss due to the 2008
disasters.
• The business has executed loan documents for a disaster loan from an eligible
lender.
• The business commits to re-open business within 12 months of receipt of
assistance.
c. Assistance will be provided in the form of a forgivable loan, totaling 25% of the amount
of approved by an eligible lender, up to $50,000.
3. Additional Funds for Energy-Efficient Purchases.
a. Up to $5,000 per eligible business is available to reimburse the business for the full cost
of purchasing energy-efficient equipment, including but not limited to, furnaces and
boilers, appliances, air conditioners, hot water heaters, windows, and insulation.
b. The cost that is eligible for reimbursement is the amount of the purchase price and
installation less any utility rebates received.
c. To be eligible for reimbursement, documentation must be provided to verify that the
energy-efficient equipment meets the standards established by the Iowa office of energy
independence (OEI).
4. Total Program Assistance Capped at $55,000.
The Grantee shall ensure that an eligible business does not receive more than $55,000,
including the Program funds available for energy-efficient purchases and installation (maximum
of $5,000).
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5. Additional Requirements.
a. Grantee will acknowledge in award documents that Program funds are State funds
awarded by IDED through the "Jumpstart Small Business Assistance Program".
b. Grantee shall comply with all Program rules and reasonable directives or requests from
IDED.
c. Grantee shall utilize forms, online applications, and other materials provided by IDED for
the administration of the Program.
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Attach supporting documentation STATE OF IOWA GAX
to the back of.this form
BUDGET FY DOCUMENT NUMBER
General Accounting Expenditure
DATE ACCTG PERIOD(mm/yy)
2009
VENDOR LODE — AUENLY NAME —
VENDOR NAME AND ADDRESS BILL TO ADDRESS(ORDERING AGENCY) SHIP TO ADDRESS
City of Waterloo Iowa Department of Economic Development
City Hall 200 E. Grand Ave.
715 Mulberry Street Des Moines, Iowa 50309
Waterloo, IA 50703
I LKMJ ruts UKULK XYYKUVtU by L,UUUJ Kt UtIVtUIJtKVILtO —
PERFORMED
DATE INITITALS
—VENDOR'S INVOICE NUMBER
QUANTITY
ORDERED RECEIVED UNIT OF UNIT PRICE TOTAL PRICE
MEASURE �4 � .4.'A.7
I 't A'ation of Jumpstart Small 113,961.00
Busl SS Program Funds
DOCUMENT TOTAL 113,961.00
CLAIMANT'S CERTIFICATION AGENCY CERTIFICATION
I CERTIFY THAT THE ITEMS FOR WHICH PAYMENT IS CLAIMED WERE FURNISHED FOR STATE I CERTIFY THAT THE ABOVE EXPENSE WERE INCURRED AND THE AMOUNTS ARE
BUSINESS UNDER THE AUTHORITY OF THE LAW AND THAT THE CHARGES ARE REASONABLE, CORRECT AND SHOUD BE PAID FROM THE FUNDS APPROPRIATED BY:
PROPER,AND CORRECT,AND NO PART OF THIS CLAIM HAS BEEN PAID. CODE OR CHAPTER SECTION(S)
DATE 10/06/08 TITLE Mayor
CLAIMANT'S SIGNATURE AUTHORIZED SIGNATURE
7 4,-Z.--A4-- 5:444...t
THE FOLLOWING FIELDS ARE FOR STATE ACCOUNTING USE ONLY
DOC TYPE DOC NUMBER DOC DATE ACCTG PRD BUDGET ACTION PO SHIP INT INT SELLER INT SELLER
(GAX) FY NEW/MOD INSTR IND FUND AGCY
GAX 09
VEN OR CODE ADDR OVERRIDE F/A INDICATOR EFT IND TEXT-po's only(Y(N) TEXT(po's only)
42-6005327
REF DOC TYPE REF DOC NUMBER REF DOC LINE COM LN VEND INVOICE# COMMODITY CODE GS CONTRACT
LINE FUND AGCY ORG SUB ACTV FUNC OBJT SUB JOB NUMBER REP CAT QUANTITY I I/D DESCRIPTION _ AMOUNT- I/O P/F
ORO OBJT UNITS
01 269
02
03
04
05
06
07
DOCUMENT TOTAL
GAX WARRANT# AUDITED BY PAID DATE
Attach supporting documentation STATE OF IOWA GAX
to the back of this form
BUDGET FY General Accounting Expenditure DOCUMENT NUMBER
DATE ACCTG PERIOD(mm/yy)
2009
VENDOR UD�SE AGENCY NAME
VENDOR NAME AND ADDRESS BILL TO ADDRESS(ORDERING AGENCY) SHIP TO ADDRESS
City of Waterloo Iowa Department of Economic Development
City Hall 200 E. Grand Ave.
715 Mulberry Street Des Moines, Iowa 50309
Waterloo, IA 50703
I tKMJ t Lib UKUtK AVYKUVtO 00 0UVUJ KtUtIVtUIJtKVILt0
PERFORMED
DATE INITITALS
V NDOR'S INVOICE NUMBER
QUANTITY
ORDERED RECEIVED '. UNIT.OF UNIT PRICE TOTAL PRICE
MEASURE
Initial allocation of Jumpstart Small 113,961.00
Business Program Funds
DOCUMENT TOTAL 113,961.00
CLAIMANT'S CERTIFICATION AGENCY CERTIFICATION
I CERTIFY THAT THE ITEMS FOR WHICH PAYMENT IS CLAIMED WERE FURNISHED FOR STATE I CERTIFY THAT THE ABOVE EXPENSE WERE INCURRED AND THE AMOUNTS ARE
BUSINESS UNDER THE AUTHORITY OF THE LAW AND THAT THE CHARGES ARE REASONABLE, CORRECT AND SHOUD BE PAID FROM THE FUNDS APPROPRIATED BY:
PROPER,AND CORRECT,AND NO PART OF THIS CLAIM HAS BEEN PAID. CODE OR CHAPTER SECTION(S)
DATE 10/06/08 TITLE Mayo"
CLAIMANTS SIGNATURE AUTHORIZED SIGNATURE
THE FOLLOWING FIELDS ARE FOR STATE ACCOUNTING USE ONLY
DOC TYPE DOC NUMBER DOC DATE ACCTG PRD BUDGET ACTION PO SHIP INT INT SELLER INT SELLER
(GAX) FY NEW/MOD INSTR IND FUND AGCY
GAX 09
VENDOR CODE ADDR OVERRIDE F/A INDICATOR EFT IND TEXT-po's only(Y/N) TEXT(po's only)
42-6005327
REF DOC TYPE REF DOC NUMBER REF DOC LINE COM LN VEND INVOICE# COMMODITY CODE GS CONTRACT
LINE.. FUND AGCY ORG. SUB ACTV FUNC OBJT SUB JOB NUMBER.. REP CAT QUANTITY I I/D' DESCRIPTION . AMOUNT I/D P/F
ORG OBJT UNITS
01 269
02
03
04
05
06
07
DOCUMENT TOTAL
GAX WARRANT# AUDITED BY PAID DATE
Attach supporting documentation STATE OF IOWA GAX to the back of this form
BUDGET FY DOCUMENT NUMBER
General Accounting Expenditure
DATE ACCTG PERIOD(mm/yy)
2009
VENDOR COLSE AGENCY NAME
VENDOR NAME AND ADDRESS BILL TO ADDRESS(ORDERING AGENCY) SHIP TO ADDRESS
City of Waterloo Iowa Department of Economic Development
City Hall 200 E. Grand Ave.
715 Mulberry Street Des Moines, Iowa 50309
Waterloo, IA 50703
1 tJMJ I-Ub UKUON//VI'KUVtU CY ODUUJ KtI.t IVtU7btKVIUt0
PERFORMED
DATE INITITALS
VENDORS INVOICE NUMBER
QUANTITY
ORDERED RECEIVED- UNIT OF UNIT PRICE TOTAL PRICE
MEASURE
Initial allocation of Jumpstart Small 113,961.00
Business Program Funds
DOCUMENT TOTAL 113,961.00
CLAIMANT'S CERTIFICATION AGENCY CERTIFICATION
I CERTIFY THAT THE ITEMS FOR WHICH PAYMENT IS CLAIMED WERE FURNISHED FOR STATE I CERTIFY THAT THE ABOVE EXPENSE WERE INCURRED AND THE AMOUNTS ARE
BUSINESS UNDER THE AUTHORITY OF THE LAW AND THAT THE CHARGES ARE REASONABLE, CORRECT AND SHOUD BE PAID FROM THE FUNDS APPROPRIATED BY:
PROPER,AND CORRECT,AND NO PART OF THIS CLAIM HAS BEEN PAID. CODE OR CHAPTER SECTION(S)
DATE 10/06/08 TITLE Mayor
CLAIMANT'S SIGNATURE AUTHORIZED SIGNATURE
THE FOLLOWING FIELDS ARE FOR STATE ACCOUNTING USE ONLY
DOC TYPE DOC"/N MBER DOC DATE ACCTG PRD BUDGET ACTION PO SHIP INT INT SELLER INT SELLER
(GAX) FY NEW/MOD INSTR IND FUND AGCY
GAX 09
VEN OR CODE ADDR OVERRIDE F/A INDICATOR EFT1ND TEXT-po's only(Y/N) TEXT(po's only)
42-6005327
REF DOC TYPE REF DOC NUMBER REF DOC LINE) COM LN VEND INVOICE# COMMODITY CODE GS CONTRACT
LINE FUND AGCY ORG SUB ACTV FUNC OBJ'L SUB JOB NUMBER REP CAT QUANTITY! I/D DESCRIPTION AMOUNT I/D P/F
ORG OBJT UNITS
01 269
02
03
04
05
06
07
DOCUMENT TOTAL
GAX WARRANT# AUDITED BY PAID DATE
Attach supporting documentation STATE OF 10 WA GAX
to the back pf This form
BUDGET FY DOCUMENT NUMBER
General Accounting Expenditure
DATE ACCTG PERIOD(mmlyy)
2009
VENDOR CC. E AGENCY NAME
VENDOR NAME AND ADDRESS BILL TO ADDRESS(ORDERING AGENCY) SHIP TO ADDRESS
City of Waterloo Iowa Department of Economic Development
City Hall 200 E. Grand Ave.
715 Mulberry Street Des Moines, Iowa 50309
Waterloo, IA 50703
IbHiv1J 1-013 UKUPP HVYKUVtU PS I,000J PLOP IVtU1JtRVIULJ
PERFORMED
DATE INITITALS
V R
QUANTITY
ORDERED RECEIVED UNIT OF' UNIT PRICE TOTAL PRICE
MEASURE
Initial allocation of Jumpstart Small 113,961.00
Business Program Funds
DOCUMENT TOTAL 113,961.00
CLAIMANT'S CERTIFICATION AGENCY CERTIFICATION
I CERTIFY THAT THE ITEMS FOR WHICH PAYMENT IS CLAIMED WERE FURNISHED FOR STATE I CERTIFY THAT THE ABOVE EXPENSE WERE INCURRED AND THE AMOUNTS ARE
BUSINESS UNDER THE AUTHORITY OF THE LAW AND THAT THE CHARGES ARE REASONABLE, CORRECT AND SHOUD BE PAID FROM THE FUNDS APPROPRIATED BY:
PROPER,AND CORRECT,AND NO PART OF THIS CLAIM HAS BEEN PAID. CODE OR CHAPTER SECTION(S)
DATE 10/06/08 TITLE Mayor
CLAIMANT'S SIGNATURE AUTHORIZED SIGNATURE
THE FOLLOWING FIELDS ARE FOR STATE ACCOUNTING USE ONLY
DOC TYPE DOC NUMB DOC DATE ACCTG PRD BUDGET ACTION PO SHIP INT INT SELLER INT SELLER
(GAX) FY NEW/MOD INSTR IND FUND AGCY
GAX 09
VEN OR CODE ADDR OVERRIDE FIA INDICATOR EFT IND TEXT-po's only(Y/N) 'TEXT(po's on(y)
42-6005327
REF DOC TYPE REF DOC NUMBER REF DOC LINE COM LN VEND INVOICE# COMMODITY CODE GS CONTRACT
LINE 'FUND AGCY ORG SUB ACTV FUNC OBJ'r SUB JOB NUMBER ' .REP CAT QUANTITY I LID DESCRIPTION AMOUNT I/D P/F
ORG OBJT UNITS
01 269
02
03
04
05
06
07
DOCUMENT TOTAL
GAX WARRANT# AUDITED BY PAID DATE
ELECTRONIC FUNDS TRANSFER (EFT) AUTHORIZATION FORM
DEPARTMENT OF ADMINISTRATIVE SERVICES,STATE ACCOUNTING ENTERPRISE
VENDOR NAME (Business Name, Governmental Unit Name,or Individual Name):
City of Waterloo
VENDOR IDENTIFICATION NUMBER(Federal ID Number):
42-6005327
VENDOR CONTRACT NUMBER: (09-JMPST-XX)
09-JMPST-09
DIRECT DEPOSIT INFORMATION:
Financial Institution Name Regions
Address 100 East Park Avenue
_Waterloo, IA 50703
ABA Routing Number(9 Digits) 073900438
Account Number at Financial Institution 000050239
Checking Account X or Savings Account (Mark One)
I hereby authorize the State of Iowa to initiate a deposit entry and to initiate, if necessary, any adjustments or debit
entries for any deposit made in error to the Account Number specified above. If each project or contract needs to be
deposited into specific accounts,then a new EFT form will need to be provided for each project or contract.
AUTHORIZED BY:
SIGNATURE `�// (�° �tt /,,1,,1,6 . iiI t
NAME Michelle Weidner
TITLE Chief Financial Officer
TELEPHONE NUMBER (319)291-4323
DATE 10/3/2008
Mail or Fax Completed Form to:
Iowa Department of Economic Development
ATTN: Katie Caggiano
200 East Grand Avenue
Des Moines,Iowa 50309
Telephone Number: (515)242-4802
Fax Number: (515)242-4809
NOTE: This form will be forwarded to the Iowa Department of Administrative Services, State Accounting Enterprise,
for financial information input.
GAX Completion Instructions:
Please see the attached GAX form which will be used to request funds under the Jumpstart program. Please note that this
GAX form is used ONLY to request STATE FUNDS. For each.payment request submitted IDED must receive an
original and two copies of the form.
All items highlighted in yellow are to be completed by the entity requesting the funds(City or County). Please see the
information below for detailed instructions for completion of the information. The information currently shown on the
GAX form is for example only.
For questions regarding the completion of the GAX form or required supporting documentation please contact Katie Caggiano
at(515)242-4802 or katie.caggiano@iowalifechanging.com. Upon completion of the form,the orginal and two copies,in
addition to the required supporting documentation should be submitted to:Iowa Department of Economic Development,
Attn:Stoney Hams,200 East Grand Ave.,Des Moines,IA 50309.
Field Instructions
GAX Page 1
Date The date the form is being completed
Acctg Period The month and year through which expenditures have been incurred. For example,
if the form is beign completed on 11/15/08 for expenditures through 10/31/08,
the accounting period would be 10/08.
Vendor Name The name and address of the City or County which has been awarded Jumpstart
and Address funds by IDED
Contract Number The contract number of the grant award. This number can be located on your grant
agreement and will be in the following format 09 JMPST-XX.
Report Number Each GAX will need to be sequentially numbered;please remember that
the initial allocation of funds would have been Report Number 1.
Date Date of signature.
Title Title of the person signing the form;in most cases will be either Mayor
or Chairman of the Board of Supervisors.
GAX Page 2
Recipient The name of the City of County which has been awarded Jumpstart funds
by IDED
Contract Number The contract number of the grant award. This number can be located on your grant
agreement and will be in the following format 09-JMPST-XX.
Report Number Each GAX will need to be sequentially numbered;please remember that
the initial allocation of funds would have been Report Number 1.
Period Ending The month,day,and year through which expenditures have been incurred.-For example,
if the form is completed on 11/15/08 for expenditures through 10/31/08,
the period ending would be 10/31/08.
Jumpstart Budget Amount of funds awarded under the Jumpstart Program;these amounts are
from the first page of the Jumpstart grant agreement. The"maximum grant
amount"less the"maximum administration fee"is the budget of Program
Costs. The amount shown as the"maximum administration fee"is the
budget of Administrative Costs.
Expended Since Funds you have expended since the last reimbursement request.
•
•
•
Last Report
Less Interest Any interest earned on Jumpstart funds must be spend for program activities.
Income Applied Any interest applicable to these funds must be deducted from the reimbursement
requested.
Jumpstart Requested Total amount of funds requested from IDED(regardless of if they have been received).
to Date Includes the current request.
Less:Jumpstart Amount of funds you have actually RECEIVED from IDED for the Jumpstart
Funds Received Program.
Less:Jumpstart Funds you have requested from IDED but not yet received.
Payments Pending
Agreement Number Agreement or grant number assigned by the City,County,COG,etc.to the
mechanism for funding businesses.
Business Name The name of the entity being awarded Jumpstart funds by the City,County,
COG,etc.
•
Award Amount Total amount of the award to the Business.
Amount Disbursed Amount of funds included in the current reimbursement request. These
this Request amounts should agree to the warrants written to Businesses for the time
period applicable to the reimbursement request.
Energy Efficiency Any funds disbursed to the Business for purposes of Energy Efficiency
Funds Included should be noted here.
in the Amount
Disbursed
Agreement Note here if yes(Y in the field)the agreement between the Buisness and the entity
Enclosed? awarding Jumpstart funds is enclosed or if the agreement has already been submitted
(S in the field)to IDED.
Administrative Please give a brief discription of the administrative costs for which you are claiming reimbursement.
Costs
-field to be completed by the entity requesting reimbursement
-amounts should agree
-amounts should agree
NOTE: Any items not highlighted in yellow should not be changed. In many cases,these cells
contain a formula that should not be overwritten.
STATE OFIOWA GAX
• _ BUDGET FY
General Accounting Expenditure DOCUMENT NUMBER
2009 DATE ACCTG PERIOD(mm/yy)
11/15/2008 10/08
V EN DUN WIDE
ALCNCY POA.'MC
VENDOR NAME AND ADDRESS BILL TO ADDRESS(ORDERING AGENCY)
City of Mytown Iowa Department of Economic Development SHIP TO ADDRESS
123 Second Street 200 E.Grand Ave.
PO Box 123 Des Moines,Iowa 50309
Mytown,Iowa 12345
I ERMS I t'VB _
UNUCN HY1'KV VEll PS Ii0UDJ REl.EIVEE/RENVILLS
PERFORMED
p Wf } , VENDOR'S INVOICE NUMBER DATE INITITALS
QUANTLI
�.�OIWERED-, RECEIVED Uj�ITT OF -s �
h w r t 'SE n- -
. -4 3 :, .�.s.0-3,1t5 N• - UNrr PRICE E'Y 4" 3'OTAL PRIDE
Request for Payment under Jumpstart
Contract Number: 09-JMPST-04
$ 92,525
Report Number: 6
An original and two copies of the completed
GAX form in addition to required supporting
documentation should be sumbitted to:
Iowa Department of Economic Development
Attn: Stoney Harris
200 East Grand Avenue
Des Moines, IA 50309
For questions regarding the completion of the
GAX form or required supporting documentation
please contact Katie Caggiano at (515) 242-4802
or katie.caggiano@iowalifechanging.com
CLAIMANT'S CERTIFICATION DOCUMENT TOTAL $ 92,525
I CERTIFY THAT THE ITEMS FOR WHICH PAYMENT IS CLAIMED WERE FURNISHED FOR STATE AGENCY CERTIFICATION
BUSINESS UNDER THE AUTHORITY OF THE LAW AND THAT THE CHARGES ARE REASONABLE, I CORRECTREY THAT THE ABOVE PAID EXPENSEMWERE INCURRED AND THE AMOUNTS ARE
PROPER,AND CORRECT,AND NO PART OF THIS CLAIM HAS BEEN PAID. AND HSHAPT BEE FROM THE FUNDS APPROPRIATED BY:
CODE OR CHAPTER SECTIONS)
DATE 10/2/2008 TITLE
Mayor/Chair
CLAIMANT'S SIGNATURE
AUTHORIZED SIGNATURE
FOLLOWINGpW}1?SAKE OR gATEACCOUNTIIG.USE DOC TYPE (PO DOC NUMBER DOC DATE ACCTG PRD BUDGET _S NN"" ' INS SELLER
L' ,
o�PV) ACTION PO SHIP PV INT INT SELLER INT SELLER
A v FY NEW/MOD INSTR TYPE IND FUND
GAX E AGCY
1
VENDOR CODE AUDR OVERRIDE l-/A INDICAI OR EF I INDE
J1EX1-Dos only(Y/N) EX(Do's only)
REF DOC TYPE REF DOC NUMBER REF DOC LINE INE I OM LN VEND INVOICE# COMMODITY CODE GS CONTRACT
LINE ,FUND_ AGCY ORG SUB ACT% FUNC.`n oBJT .OB : c 'IOB NUMBER .. REP C.T-. Q(7 ITYI I/D DESCRIPTIONS AMOUNT I/D;.P/F
01 0001 269 2000 4124
02 0001 269 2500 79,525.00
412 4
03 13,000.00
04
05
06
07
DOCUMENT TOTAL I 92,525.00
GAX WARRANT# AUDITED BY
PAID DATE
Request for Payment/ Recipient: City of Mytown
Activity Status Contract Number: 09-JMPST-004
Report Number: 6
Jumpstart Program-State Funding Period Ending: 10/31/2008
Current Expenditures Total
Jumpstart
Jumpstart Expended Since Less Interest Jumpstart Requested
Activity Code/Title Budget Last Report Income Applied Reimbursable to Date
Program Costs* 882,000 92,500 '
(475) `�,�f r :;t12,i?X 209,025
Administrative Costs 18,000 500 - 500
3,700
TOTALS 900,000 93,000 (475) 92,525 212,725
Less:Jumpstart Funds Received 113,200
Less:Jumpstart Payments Pending 7,000
Net Request 92,525
Forgiveable Loan Funds Disbursed
Energy Efficiency
Amount Funds included
Disbursed** in Amount Agreement
Agreement Number Business Name Award Amount this request Disbursed Enclosed?***
09-JUMP-XX3 Mytown Industries 50,000 30,000 5,000 Y
09-JUMP-XX6 Mytown Manufacturing 40,000 20,000 5,000 S
09-JUMP-XX7 Mytown Resturant 50,000 40,000 3,000 Y
09-JUMP-XX8 T and T Tire 25,000 2,025 - S
TOTAL 165,000 92,025 13,000
Administrative Costs
Payroll costs for pay period ending 10/15/08-$500
* -Includes energy efficiency expenditures-supporting documentation to be retained by the grantee;
monitoring will be completed by IDED as part of close out procedures
** -Copies of warrants issued must be enclosed to receive reimbursment
*** -Loan agreement must be enclosed or previously submitted to IDED
Y-enclosed
S-previously submitted
ELECTRONIC FUNDS TRANSFER (EFT) AUTHORIZATION FORM
DEPARTMENT OF ADMINISTRATIVE SERVICES,STATE ACCOUNTING ENTERPRISE
VENDOR NAME(Business Name, Governmental Unit Name,or Individual Name):
City of Waterloo
VENDOR IDENTIFICATION NUMBER(Federal ID Number):
42-6005327
VENDOR CONTRACT NUMBER: (09-JMPST-XX)
09-JMPST-09
DIRECT DEPOSIT INFORMATION:
Financial Institution Name Regions
Address 100 East Park Avenue
Waterloo, IA 50703
ABA Routing Number(9 Digits) 073900438
Account Number at Financial Institution 000050239
Checking Account X or Savings Account (Mark One)
I hereby authorize the State of Iowa to initiate a deposit entry and to initiate, if necessary, any adjustments or debit
entries for any deposit made in error to the Account Number specified above. If each project or contract needs to be
deposited into specific accounts,then a new EFT form will need to be provided for each project or contract.
AUTHORIZED BY:
SIGNATURE */{�s kt c, (CI,GC.Q hA'
NAME Michelle Weidner
TITLE Chief Financial Officer
TELEPHONE NUMBER (319)291-4323
DATE 10/3/2008
Mail or Fax Completed Form to:
Iowa Department of Economic Development
ATTN: Katie Caggiano
200 East Grand Avenue
Des Moines, Iowa 50309
Telephone Number: (515)242-4802
Fax Number: (515)242-4809
NOTE: This form will be forwarded to the Iowa Department of Administrative Services, State Accounting Enterprise,
for financial information input.
a_ ,2-Gr). Q: ,o_2:. r6 y
�-� ,a002'8Sf
f_710 CITY OF WATERLOO , IOWA
�� �.... CITY HALL • 715 MULBERRY ST. • WATERLOO, IA 50703 • (319) 291-4301 FAX (319) 291-4286
Berl o
October 1, 2008
mayor
TIMOTHY J. Mr. Michael Tramontina, Director
HURLEY Iowa Department of Economic Development
200 East Grand Avenue
COUNCIL Des Moines, IA 50309
MEMBERS
RE: Application for "Jumpstart" Small Business Assistance Program Funds
REGINALD A.
SCHMITT Dear Mr. Tramontina:
ward.I
CAROLYN The City of Waterloo is the proposed recipient for Economic Development
COLE Activities through the "Jumpstart" Small Business Assistance Program.
Ward-
We propose to serve as the responsible entity in the distribution of these
HAROLn disaster recoveryfunds, and pledge our best efforts to use these funds
C.E ITY p g
Ward s equitably among impacted areas of our city, based upon the unmet needs of
affected businesses.
QUENTIN M.
HART We are requesting fundingin the following amounts:
Ward 4 q g
RON "Jumpstart" Small Business Assistance Program, not to exceed $ 455,846.
WELPER
Ward 5 It is our understanding that the Iowa Department of Economic Development
BOB will, using the latest available data, allocate the funds based on the amount of
GREENWOOD unmet need within our city as compared to the state as a whole. We further
At-Large understand that the amounts may be increased or decreased based upon
SIEVE utilization of the funds provided and the availability of program funds.
SCHMITT
At-Large Sincerely,
/7117-144 )(444.17
Tim Hurley
Mayor
Cc: Noel Anderson, Community Planning & Development Director
Rudy Jones, Community Development Director
Michelle Weidner, Chief Financial Officer
CITY WEBSITE:www.c_i.waterioo.ia.us
WE'RE WORKING FOR YOU!
An Equal Opportunity/Affirmative Action Employer
I1 CITY OF WATERLOO IOWA
; CITY HALL • 715 MULBERRY ST. • WATERLOO, IA 50703 • ( 2 1 S(319) 9 4301 FAX (319) 291-4286
t'ter'O;O.
October 1, 2008
Mayor
TIMOTHY T. Mr. Michael Tramontina, Director
HURLEY Iowa Department of Economic Development
200 East Grand Avenue
Des Moines, IA 50309
COUNCIL
MEMBERS SUBJECT: Application for CDBG Disaster Funds
REGINALD A. Dear Mr. Tramontina:
SCHNIITT
Ward 1 The City of Waterloo is the proposed recipient of disaster funds for Housing Activities,
including housing repair/rehabilitation, homebuyer assistance, and interim mortgage
CAROLYN assistance, and for Economic Development Activities through Small Business Stimulus
COLE packages available through the Community Development Block Grant (CDBG) Program
ward z
Supplemental funds.
HAIROLD We propose to serve as the responsible entity in the distribution of these disaster recovery
Ward ; funds, and pledge our best efforts to use these funds equitably among the various programs
and impacted areas of our city, based upon the unmet needs of affected households and
QUENTIN M. businesses.
HART
Ward 4 In our administration of the CDBG Supplemental funds, we will comply with all applicable state
and federal laws and regulations, as modified by the Waivers and Alternative Requirements
RON promulgated by HUD in the Federal Register of September 11, 2008, Docket No. FR-5250-N-
WELPER 01.
Ward 5
BOB We are requesting funding in the following amounts:
GREENWOOD
At-Large CDBG Supplemental Housing Assistance, not to exceed $ 1,196,980.
CDBG Supplemental Business Assistance, not to exceed $ 227,923.
STEVE
SCHMITT It is our understanding that the Iowa Department of Economic Development will, using the
At-Large latest available data, allocate the funds based on the amount of unmet need within our city as
compared to the state as a whole. We further understand that the amounts may be increased
or decreased based upon utilization of the funds provided and the availability of additional
federal funds.
Sincerely,
lool...01=1•••• 64.4147
/Gi«
Tim Hurley
Mayor
Cc: Noel Anderson, Community Planning& Development Director
Rudy Jones, Community Development Director
Michelle Weidner, Chief Financial Officer
CITY WEBSITE:www.ci.waterloo.Ia.us
WE'RE WORKING FOR YOU!
An Equal Opportunity/Affirmative Action Employer