HomeMy WebLinkAboutNelson Properties, Inc.-Disaster Recovery Business Rental Assistance Program Contract-09.28.2009 Disaster Recovery Business Rental Assistance Program Contract
CONTRACT# AWARD DATE: PROJECT COMPLETION DATE:
BRAP034 , 2009 , 2009
CITY: City of Waterloo CONTACT PERSON: Noel Anderson, Director of
715 Mulberry Street Community Planning and Development
N Waterloo, Iowa 50703 Email: Noel.Anderson@waterloo-ia.org
a) Phone: (319) 291-4366
aFax: (319) 291-4262
BUSINESS: Nelson Properties CONTACT PERSON: Vern Nelson Sr.
501 Sycamore St. Suite 710 Email: vern@nelsonproperties.com
Waterloo, Iowa 50703 Phone: (319) 235-1521
Fax:
0 RENTAL ASSISTANCE AMOUNT: $14,535
c
N TERMS: PROJECT DESCRIPTION:
y The Business must: This rental assistance is provided by the City to the
Q • Locate in a business rental Business to complete the Project as described in
73 space that was physically its application and summarized here. Funds shall
0 damaged by the 2008 natural be used by the Business for rental assistance for
= disaster(s). the period [10/08] to [03/09].
it • Enter into a minimum one-year,
N market-rate lease.
c • Remain open for the duration of
0 the six-month period for which
m 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").
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