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ESSENTIAL EQUIPMENT GRANT PROGRAM AGREEMENT EE-02-24ESSENTIAL EQUIPMENT GRANT PROGRAM AGREEMENT EE -02-24 This Essential Equipment Grant Program Agreement ("Agreement") is made as of S ' ("the Effective Date"), by and between the COMMUNITY REDEVELOPMENT GEN Y OF THE CITY OF CLEARWATER, FLORIDA, a public body corporate and politic of the State of Florida created pursuant to Part III, Chapter 163, Florida Statutes ("Agency"), and MACHI BOBA LLC. ("Applicant"). WITNESSETH: WHEREAS, the Agency was created to implement the community redevelopment activities in the Florida Community Redevelopment Act of 1969 ("the Act") codified at Chapter 163, Part III, Florida Statutes; and WHEREAS, § 163.387(6)(c)4, Florida Statutes provides that the budget of a community redevelopment agency may provide for clearance and preparation of any redevelopment area for redevelopment; and WHEREAS, § 163.387(6)(c)9, Florida Statutes provides that the budget of a community redevelopment agency may provide for payment undertakings described in a redevelopment plan and for expenses that are necessaryto exercise the powers granted to a community redevelopment agency under § 163.370, Fla. Stat.; and WHEREAS, Objective 4D of the Plan provides that the Agency will encourage renovation, restoration, and reuse of existing historic structures to maintain the character of Downtown's neighborhood; and WHEREAS, on June 12, 2023, the Agency implemented the Essential Equipment Grant Program ("the Program") with the goal of providing grants to food and beverage operator so they may purchase essential equipment needed to effectively operate their establishments; and WHEREAS, on August 2, 2024, the Agency received an application ("the Application") from the Applicant, a true and correct copy of which is attached to this Agreement as Exhibit "A", requesting financial assistance under the Program for the property located at 1011 Cleveland Street, Clearwater, FL 33755 ("the Property"); and WHEREAS, the Applicant has represented in the Application that it is a food and beverage operator which is currently open for business within the Agency's territorial boundaries and that the property taxes on the Property are current; and WHEREAS, the Applicant has requested essential equipment assistance in the amount of $3,500.00 ("the Proposal"); and WHEREAS, the Agency finds that providing financial assistance for essential equipment assistance to food and beverage operators is a permissible expenditure under the Agency's approved budget and the Act; and WHEREAS, the Agencyfindsthatthe Proposal comports with and furthers the goals, objectives, and policies of the Plan; NOW, THEREFORE, in consideration of the mutual promises and covenants contained herein, the parties hereby agree as follows: 1. GENERAL 1. Recitals. The foregoing recitals are true and correct and are incorporated in and form a part of this Agreement. 2. Intent; Purpose of Agreement. The purpose of this Agreement is to further the implementation of the Plan by providing for essential equ ipmentfinancial assistance by the Agency to the Applicant as requested in the Application, all to enhance the quality of life and useful enjoyment of the Downtown, and in accordance with and in furtherance of the Plan, and as authorized by and in accordance with the Act. I. APPLICANT RESPONSIBILITIES 1. Evidence of Essential Equipment Purchase. The Applicant shall provide the Agency with evidence that it has purchased essential equipmentwithin 30 days of the Effective Date. II. AGENCY RESPONSIBILITIES 1. Grant Funding. The Agency shall reimburse the Applicant for any essential equipment expenses it has purchased for the Property within 30 days of receipt of approved expenses, up to a maximum of $3,500.00, payable within 30 days after verification by the Agency that the Applicant has actually incurred and paid these expenses to the satisfaction of the Agency's Director. 2. Agency Director Word Final. The Agency's Director retains sole discretion to determine whether monies which the Applicant seeks reimbursement for actually meet the requirements of Section 111(1) of this Agreement. If the Director determines that any monies the Applicantseeks reimbu rsementfor does not meet the requ irements of Section 111(1) of this Agreement then the Parties agree that the Director's decision is final, the Agency shall not owe any monies to the Applicantfor the requested reimbursement, and the Applicant shall have no recourse against the Agency. 11I. APPLICANT DEFAULT 1. Failure to Provide Evidence of Payment. If the Applicant fails to provide evidence that it has actually incurred and paid essential equipment purchases for the Property within 30 days of the effective date to the satisfaction of the Agency's Director, then the Parties agree that the Applicant shall be in default u nder th is Agreement, this Agreement shall immediately become null and void, and the Agencywill have no furtherresponsibility to the Applicant, including butnotlimitedto the responsibilitytotenderany reimbursement funds to the Applicant. 2. Other Events of Default. In addition to the foregoing, the occurrence of any one or more of the following after the Effective Date shall also constitute an event of default by the Applicant: A. The Applicant shall make a general assignment for the benefit of its creditors, or shall admit in writing its inability to pay its debts as they become due or shall file a petition in bankruptcy, or shall be adjudicated a bankrupt or insolvent, or shall file a petition seeking any reorganization, arrangement, composition, readjustment, liquidation, dissolution or similar relief under any present or future statute, law or regulation or shall file an answer admitting, or shall fail reasonablyto contest, the material allegationsofa petition filed against it in any such proceeding, or shall seek or consent to or acquiesce in the appointment of anytrustee, receiver or Iiqu idatorof the Applicantor any material part of such entity's properties; or B. Within 60 days after the commencement of any proceeding by or against the Applicant seeking any reorganization, arrangement, composition, readjustment, liquidation, dissolution or similar relief under any present or future statute, law or regulation, such proceeding shall not have been dismissed or otherwise terminated, or if, within 60 days after the appointment withoutthe consent or acquiescence of the Applicant of any trustee, receiver or liquidatorof any of such entities or of any material part of any of such entity's properties, such appointment shall not have been vacated. C. It becomes known to the Agency that the Applicant made any false or misleading statement on the Application . The Parties agree that the Agency's Director retains sole discretion to determine whether any statement made by the Applicant in the Application was false or misleading, and the Parties further agree that the Director's decision on this matter is final and binding as between the Parties. If the event of default is one of the events listed in Section IV(2) of this Agreement then the parties agree that: a) this Agreement shall be null and void; b) that the Agency will have no further responsibility to the Applicant, including the responsibility to tender the reimbursement funds to the Applicant; and c) that if the Agency has tendered reimbursement funds to the Applicant, then the Agency shall be entitled to return of all reimbursement funds plus default interest at a rate of 10% starting from the date of default. 3. Notice of Defau ltand Opportunity to Cure. The Agency shall provide written notice of any default underthis Agreement and provide the Applicant 10 days from the date the notice is sentto cure the default. This notice will be deemed sent when sent by first class mail to the Applicant's notice address or when delivered to the Applicant if sent by a different means. IV. MISCELLANEOUS 1. Notices. All notices, demands, requests for approvals or other communications given by either party to anothershall be in writing, and shall be sentto the office for each party indicated below and addressed as follows: To the Applicant: MACHI BOBA LLC HOANG MA 1011 Cleveland St. Ste. B1 Clearwater, FL 33755 To the Agency: Community Redevelopment Agency of the City of Clearwater P.O. Box 4748 Clearwater, Florida 33758 Attention: Executive Director with copies to: City of Clearwater P.O. Box 4748 Clearwater, Florida 33758 Attention: City Attorney 2. Unavoidable Delay. Any delay in performance of or inability to perform any obligation u nderth is Agreement (other than an obligation to pay money) due to any event or condition described in th is Section as an event of"Unavoidable Delay" shall be excused in the manner provided in this Section. "Unavoidable Delay" means any of the following events or conditions or any combination thereof: acts of God, acts of the public enemy, riot, insurrection, war, pestilence, archaeological excavations required by law, unavailability of materials after timely ordering of same, building moratoria, epidemics, quarantine restrictions, freight embargoes, fire, lightning, hurricanes, earthquakes, tornadoes, floods, extremely abnormal and excessively inclement weather (as indicated by the records of the local weather bureau for a five year period preceding the Effective Date), strikes or labor disturbances, delays due to proceedings under Chapters 73 and 74, Florida Statutes, restoration in connection with any of the foregoing or any other cause beyond the reasonable control of the party performing the obligation in question, including, without limitation, such causes as may arise from the act of the other party to this Agreement, or acts of any govern mental authority (except th at acts of the Agency shall not constitute an Unavoidable Delay with respect to performance by the Agency). An application by any party heretoforan extension of time pursuanttothisSection must be in writing, must set forth in detail the reasons and causes of delay, and must be filed with the other party to th is Agreement within 30 days following the occurrence of the event or condition causing the Unavoidable Delay or 30 days following the party becoming aware (or with the exercise of reasonable diligence should have become aware) of such occu rren ce. The party shall be entitled to an extension of time for an Unavoidable Delay only for the number of days of delay due solely to the occurrence of the event or condition causing such Unavoidable Delay and on lyto the extent that any such occurrence actually delays that party from proceeding with its rights, duties and obligations under this Agreement affected by such occurrence. In the event the party is the Applicant then the Agency's Executive Director is authorized to grant an extension of time for an Unavoidable Delay for a period of up to 6 months. Any further requests for extensions of time from the Applicant must be approved by the Agency's trustees. 3. Indemnification. The Applicant agrees to assume all risks of inherent in this Agreement and all liability therefore, and shall defend, indemnify, and hold harmless the Agency and the City of Clearwater, a municipal corporation ("the City"), and the Agency's and the City's officers, agents, and employees from and against any and all claims of loss, liabilityand damages of whatever nature, to persons and property, including,without limiting the generality of the foregoing, death of any person and loss of the use of any property. This includes, butis not limited to, matters arising out of or claimed to have been caused by or in any manner related to the Applicant's activities or those of any approved or unapproved invitee, contractor, subcontractor, or other person approved, authorized, or permitted by the Applicantwhetheror not based on negligence. Nothing herein shall be construed as consent by the Agency or the City to be sued by third parties, or as a waiver or modification of the provisions or limits of Section 768.28, Florida Statutes or the Doctrine of Sovereign Immunity. 4. Assignability; Complete Agreement. This Agreement is non -assignable by either party and constitutes the entire Agreement between the Applicantand the Agency and all prior or contemporaneous oral and written agreements or representations of any nature with reference to the subject of the agreement are canceled and superseded by the provisions of this agreement. 5. Applicable Law and Construction . The laws of the State of Florida shall govem the validity, performance, and enforcement of this Agreement. This Agreement has been negotiated by the Agency and the Applicant, and the Agreement, including, without limitation, the Exhibits, shall not be deemed to have been prepared by the Agency or the Applicant, but by all equally. 6. Severabilitv. Should any section or part of any section of this Agreement be rendered void, invalid, or unenforceable by any court of law, for any reason, such a determination shall not render void, invalid, or unenforceable any other section or any part of any section in this Agreement. 7. Amendments. This Agreement cannot be changed or revised except by written amendment signed by all parties hereto. 8. Jurisdiction and Venue. For purposes of any suit, action or other proceeding arising out of or relating to this Agreement, the parties hereto do acknowledge, consent and agree that venue thereof is Pinellas County, Florida. Each party to this Agreement hereby submits to the jurisdiction of the State of Florida, Pinellas County and the courts thereof and to the jurisdiction of the United States District Courtfor the Middle District of Florida, forthe purposes of any suit, action or other proceeding arising out of or relating to this Agreement and hereby agrees not to assert by way of a motion as a defense or otherwise that such action is brought in an inconvenientforu m or thatthe venue of such action is improper or that the subject matter thereof may not be enforced in or by such courts. If, at anytime during the term of this Agreement, the Applicant is not a resident of the State of Florida or has no office, employee, agency, registered agent or general partner thereof available for service of process as a resident of the State of Florida, or if any permitted assignee thereof shall be a foreign corporation, partnership or other entity or shall have no officer, employee, agent, or general partner available for service of process in the State of Florida, the Applicant hereby designates the Secretary of State, State of Florida, its agent for the service of process in any courtaction between it and the Agency arising out of or relating to this Agreement and such service shall be made as provided by the laws of the State of Florida for service upon a nonresident; provided, however, that at the time of service on the Florida Secretary of State, a copy of such service shall be delivered to theApplicantatthe address for notices as provided in Section 10. 9. Termination. If not earlier terminated as provided in this Agreement, the term of this Agreement shall expire and this Agreement shall no longer be of any force and effect 30 days from the Effective Date of this Agreement. Approved as to form: Michael P. Fuino CRA Attorney COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF CLEARWATER, FLORIDA By: Attest: Jesus o, CRA ExecutiVDirector Community Redevelopment Aggcmi, 4,\IE2p1,;:4N/, 44/ 4." CV CORPORA?? \,..s4% City Clerk I ACKNOWLEDGE THAT I AM LAWFULLY AUTHORIZED TO EXECUTE THIS AGREEMENT. Net fierA- Lc Entity Name (if any) Appli nt oq ec5- 020,9y Date STATE OF hOL1'00 //'a,t. iee Printed Nam d and Title (if any) COUNTY OF ---1\)(.(-Li(k-S The foregoing instrumentwas acknowledged before me this � 5 day of 6 cl , 200 , by Rukobi. tAA , as (title if applicable) CEO of (Entity name if any) MACIA‘ MO1 1,t,(, ,who[ ] is personally known to me or Fp] has produced identification. Type of identification produ My commission expires: (Notary Seal) lareareran.d■dahrobah„,..,...,„,amiwo CATHERINE MERINO•CONTE • Notary Public • State of Flericia Al. Commission # NH 529597 . ... . My Comm. Expires May 21, 2028 APIIMINUPWmplapiinpqrspilh V L1 Vk000---5, -15- N6-0 o. ry "ublic Signature CateYt'kp Mekith -Cini-C Notary Public Print Name Re aurant Operations: Essential Equipment ,„�;HLi( ,v.TION • EXHIBIT # .w, /b// life.vole/ a 1 J e Wale, /tel 33735 acErtty /%% Email. q� �faar�� `AaD e /'o iYl Mi :Abba . d 9» �r Social Media: :hc/earwcJe r F ce book / N Business located within Downtown Clearwater CRA boundaries 0/ N Currently Open for Business Et,Y / Previous CRA Grant Awardee Attach City of Clearwater Business Tax Receipt (BTR) SECTION 2: Property Owner Information Name: /1/40 /ea n Address: 9ii 9 Cie vv/c J S�- l e /,�o�ctr'.tsst,4j- 33 7515" Phone:—.34/323S124____ Email: (. Ie v4 /¢hal 574loPf @rim !e 5;de k7/A/ GO, Property Legal Description: (le ve/a ' reG / AiA /e 71 SECTION 3: Essential Restaurant Equipment Information Project Type (check all that apply): ❑ Repair ❑ Replace Description: // 'c At l A F4/ g A31 " e; M/rie/C;moi rie e/' t3' Attach 2 (two) price estimates per item Grant Amount $ 35evd (Maximum: $3,500) Total Project Cost: 435- 6 3 Data: Oica/c2-y City of Clearwater Community Redevelopment Agency (CRA) 600 Cleveland Street, 6th Floor 1 Clearwater, Florida 33755 Telephone: (727) 562-4038 I downtownclea,water.com Revision Date: 9129/2023