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HomeMy WebLinkAboutINRCOG-Memorandum of Understanding-07.13.2009 4. odg' �gd GRANT APPLICATION MEMORANDUM OF UNDERSTANDING This Memorandum of Understanding is between the City of Waterloo, Iowa hereinafter referred to as City, and the Iowa Northland Regional Council of Governments hereinafter referred to as INRCOG. WHEREAS, the City of wishes to engage INRCOG's grant writing services for the following project: Type of Grant: Rail Revolving Loan and Grant Program (RRLGP) Project Description: Secor Investments, LLC Lafayette Street INRCOG will not charge the City in advance for grant preparation services; however, in the event that RRLGP funding is awarded to the City for this project, INRCOG will submit a grant preparation invoice in the amount of one and one-half percent (not to exceed$2,000) of the funds awarded, to be paid by the City from local funds. It is further understood that the City will provide budget and graphic information necessary for the submittal of this grant by June 19, 2009 . IN WITNESS WHEREOF, INR,OG and the City of Waterloo have executed this Memorandum of Understanding as of this /3 day of -fc.c.1 y , 2009. City of Waterloo, Iowa BY: May ATTESCP- vtlf Iowa Northland Regional Council of Governments BY: Executiv irector ATTEST: