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3 7. Disbursement of Funds: The City will award grant funds on a first-come, first- considered/awarded basis. Once a business is notified, the City will distribute the funds by check within 7-10 business days. 8. Termination: The City of Arden Hills retains the right to terminate any agreement under the Emergency Assistance Program if a grant recipient is found to be in violation of any conditions set forth in the grant guidelines or grant agreement. 9. Right to Deny: The City of Arden Hills retains the right to deny any application for grant funding for any reason. 10. Funding Availability: The Small Business Emergency Assistance Program has a limited amount of general grant funds available. For general grants, awards will be provided on a first-come, first-considered basis until the earlier of the date the fund is exhausted, or the City-declared state of emergency is lifted. 11. Indemnification: All grant recipients shall be required to indemnify the City of Arden Hills, and any officers acting on their behalf. 12. Minnesota Data Practices Disclaimer: While the City does not intend to proactively display, share or advertise business financial information provided as part of the application and review process, confidentiality of such data cannot be guaranteed and is subject to Minnesota Data Practices Act with regard to public access to data. Application Process Application requirements will involve providing: 1. Basic details about the business: business name/type/sector, State Tax ID number. 2. Amount of general grant funding being requested. 3. Number of employees employed by the business as of March 16, 2020 and the number as of the time of this application. 4. Information regarding operations during the COVID-19 pandemic/Stay-at-Home executive order(s), including dates the business was required to be closed due to State of Minnesota orders (actual or est. dates), whether the business is/was subsequently operating under reduced services/capacity restrictions per State of Minnesota. 5. Proof of financial need: Examples include revenue/financial statements demonstrating business impacts due to the COVID-19 pandemic and associated executive orders. 6. Proof of eligible expenses: Examples include proof of payroll expenses, paid/unpaid business invoices, mortgage/rent/utility/statements, property taxes and/or other business- related expenses. 7. Narrative descriptions and estimated calculations of the negative impacts on the business due to COVID-19, including the operational effect of closure and subsequent reopening/partial reopening of operations following the COVID-19 executive orders. 8. Information on the intended use of the grant funds and which eligible expenses will be addressed with the funds. 9. Supporting documentation and application attachments.