Loading...
AGR-6988.123 - TIMOTHY CHAO DDS INC - SMALL BUSINESS RELIEF GRANT; COVID-19 PANDEMICC- C°'- 123 CIT O RAloTGE SIVIALL BU5Il 1ES5 AS I Tt NCE PROGRAM BUSINESS RELIEF Ga2ANT AGREENdENT This SMALL BUSINESS ASSISTANCE PROGRAM BUSINESS RELIEF GRANT AGREEMENT ("Grant Agreement") is made and entered'into as of the 3 s`day of u, 2020 ("Effective Date") by and between the CITY OF ORANGE, a municipal corporation City"),and TIMOTHY CHAO,DDS INC. ("Recipient"),a California corporation with reference to the following: RECITALS WIiEREAS, the novel coronavirus (COVID-19) has become a world-wide pandemic, in which the federal, state, county and city governments, including the City of Orange, ha.ve all declared a state of emergency;and WHEREA5, tlie efforts to minimize the spread of COVID-19 have,.among other things, created for many Orange businesses the loss of income as a result of a significant reduction of hours and operations,hindering the ability to keep up with payrolls, rents,mortgages,utility bills, business operations and other related expenses; and WHEREAS, the City has determined that encouraging and promoting stability among commercial businesses and their employees is conducive to the public health and welfare of the City; and WHEREAS,the Coronavirus Aid,Relief,and Economic Security Act has made available to the City,funds to be used for certai.n specific purposes related to small businesses; and WHEI EAS, the City wishes to grant to Recipient, and Reeipient wishes to receive said grant funds. NOW, THEREFORE, both the City and Recipient, in consideration of the mutual prornises, covenants and conclitions conta.ined here'in and the substantial publie benefits to be derived therefrorn, do hereby agree as fallows: AGREEMENT 1. Puruose of Grant. This Sma11 Business Assistance Program Business Relief Grant Grant") is' awarded by the City to Recipient for the sole purpose of providing relief during the economic emergency caused'by the COVID-19 pandemic. 2, Total Amount of Grant. The Grant awarded to Recipient shall be in the amount of TWENTY FIVE THOUSAND DOLLARS and.00/100 ($25,000.00),payable in one lump sum, and subject to the terms and conditions contained herein. 3. Recipient Obligations. A. Recipient acknowledges the certifications and promises contained in the Small Business Assistance Program Part'icipant Certification, attached as Exhibit "A" and incorporated herein, and agrees to abide by them dttring the term of this Grant Agreement. B. Recipient shall remain in business not less tYian ninety(90)days after receipt of the Grant. C. Recipient shall submit to the City the Certification of Compliance letter that is attached hereto as Exhibit"B" and provide any additional documentation requested by the City. City shall review said records for compliance with the terms and conditions of this Grant Agreement. 4. Review of Compliance Documentation bv Citv'. After review of the Certification of Compliance letter and any other documentation submitted by Recipient, City will either: A. Approve said records, in which case Recipient will not'incur any obligation to repay the Grant and this Grant Agreement will terminate; or B. Disapprove said records, in which case Recipient will be obligated to repay to City those amounts determined by Gity to have been not used for the intended purpose of tliis Grant Agreement. 5. Renavment of Grant. If Recipient is required to repay a11 or part of the Grant, said repayment to City shall be made according,to a schedule as determined by the City. 6. Governin Law and Venue. This Grant Agreement shall be construed in. accoxdance with and governed by the laws of the State of California and Recipient agrees to submit to the.jurisdiction of California courts. Venue for any dispute arising under this Grant Agreement shall be in Orange County, California. 7. Inte ration. This Grant Agreement constitutes the entire'agreement of the parties. No other agreement, oral or written, pertaining to the duties and obligations of each party under tlus Grant Agreement shall be of any force or effect unless it is in writing arid signed by both parties. 8. 1 Totice. Except as otherwise provided herein, all notices required under this Grant Agreement sha11 be in writing and delivered personally, by e-mail, or by first class U.S. mail, postage prepaid, to each party at the address listed below. Either party may change the notice address by notifying the other party in writing. Notices sha11 be deemed received upon receipt of same or within three (3) days of deposit inthe U.S. Mail, whichever is earlier. Notices sent by e- mail shall be deemed received on the date of the e-mail transmission. 2 RECIPIENT" CITY" Timothy Chao, DDS Inc. City of Orange 4501 E. Chapman Ave. Suite B 300 E. Chapman Avenue Orange, CA 92869 Orange, CA 92866-1591 ' Attn.: Timothy Chao Attn.: Aaron Schulze Telephone: 714-53.8-6566 Telephone: 714-744-2202 E-Mail: dds70@aol.com E-Mail: aschulze@cityoforange.org 9.Counternarts. This Grant Agreement may be executed in one or more counterparts, each of which.shall be deemed an origirial, but all of which together shall constitute one a.nd the same instrument. Signatures transmitted via facsimile and electronic mail shall have the same effect as original signatures. IN WITNESS of this Grant Agreement,the parties have entered into this Grant Agreement. as of the ear and day first above written. RECIPIENT" CITY" TIMOTHY CHAO,DDS INC., CITY OF ORANGE, a municipal corporation a California corporation By: 111'V10 V By: Printed Name:Timothy Chao c Otto, City,Manager Title: Owner APPROVED AS TO FORM: Mary.E. B' ` g Senior Assistant City Attorney 3 EXHIBIT "A" CITY OF ORANGE SMALL BUSINESS ASSISTANCE PROGRAM BUSINESS RELIEF GRANT PARTICIPANT CERTIFICATION Beneath this sheet] 4 City of City of Orange Small Business Assistance Program BUSIIVESS RELIEF GRANT APPLICATIOIV Applications accepted beginning June 3, 2020 The purpose of this g rant program is to assist small business owners in Orange that have been adversely affected by COVID-19. Funds will be provided to assist with payroll, capital, equipment, and operating costs to allow businesses to continue to operate for at least 90 days. Who can qualify? 1. The business is physically located in Orange, has been in the City for a minimum of one year and is not a franchise or part of a chain of more than three locations. 2. The business is a for profit business with at least 1, but not more than 50 employees. 3. The business has gross annual revenues of at least $100,000, but no more than $5 million. 4. The business has experienced at least a 25% reduction in revenue due to COVID-19 and is able to provide documentation showing the loss in revenue. 5. The business continues to operate legally during the COVID-19 crisis. 6. The business has had no major cade violations in the last twelve months. 7. Adult businesses, massage parlors, and largely cash-based businesses are not eligible. 8. Individuals that own or have interest in more than one business may be limited to one grant total i.e., if a person has ownership interest in three businesses, only one of those businesses may receive a grant under this program). 9. Businesses that have not received funding through the CARES Act, such as Payroll Protection Program loans,will be given first priority. How much is the grant? The grant is up to a maximum of $25,000. How do I apply? Complete the Grant Application and Participation Certification online at www.ci oforange.ora and attach all the required information on the Document Checklist. You will receive an email advising you that your application has been received. An incomplete application will delay the review of your application. Listed documentation is a minimum requirement and staff may request additional documentation to determine eligibility. If you have any questions, please email Aaron Schulze, Senior Administrative Analyst at aschulze citvoforange.orA, or call (714) 744-2202. Funding is limited and will be disbursed on a first come, first served basis. Small Business Assistance Program Application BUSINESS'.INFORMATI,ON _-c S s :;rs,r K .#. Name of Business imothy Chao, DDS Inc Type ol Business(e.g.,LLC,corporation,sole proprielorship) Cor Address ot Business 501 E. Chapman Avenue Suite B. Orange, CA 92869 Business Employer ldentification Number(EIN) Years in Business 18 B o(Employees ri o(Employees Meeting LowMiod Income City Business License Number Requirement 1653166 m-^----r r ;;^.«°rsx r c -^s,:.' ,yg,^„a* r,"": t a-- ^a'^;`.'^ ^Y 'a - Y - • y-.a 3-r,-..s. .y- 01NNER y INFt RMATIONz r w-. N:. 01NNER xC0-OWNER'. Name Name imothy Chao Social Securily Number Conlact Phone(area code} Social Security Number Contact Phone(area code) 7145386566 Present Address(street,city,state,zip)Present Address(sVeet,city,state,zip) 501 E. Cha man Ave Suite B Oran e, CA 92869 Email Address Email Address Dds70@aol.com E • P ,f .. . :. `B NFo nnaTioN r, USINESS;INCOME I 201,9.INCOME ; :" ', „ ' ' 2020.INCON'fE,(USETHE SAME MONTHSAS:;20i9},'., ' .'' Month#1 Gross Sales 6 5 Month#1 Gross Sales 12469 Month of April Month of Aoril Month #2 Gross Sales 34464 Month#2 Gross Sales 6592 Month of May Month of Mav Please provide a-brief explanation of the adverse economlc effects COVID-19 has had ona your business: y,.'office was;clos'ed:during the,two•;months of`Stat.at Home.•I still had to pay:rent and;ke pt employee at reduced. ours. . . . . : ,:. ` .. REC UIRED DOCUMENTS—SEE DOCUMENT CHECKLIST FOR DOCUMENTS ACCEPTED FOR VERIFICATION 1. Revenue statements for 2 months in 2020 verifying 25% less revenue than the same months in 2019 2. Revenue statements for the same two months in 2019 3. Annual revenue statement for 2019 4. Payroll reports docurr enting the number of employees 1 Small BusinessAssistance Program Application a ,ACKNOWLED:GMENT'AIVD:CERTIFICATION; .",; , , . • Acknowledgement: INVe understand that this grant is being provided by the City of Orange based solely upon the information that I/we have provided in this application. I/We also certify that there are no outstanding tax liens or legal judgements against the business. Certification: I/We certify that the information provided in this application is true and complete to the best of my/our knowledge as of the date set forth opposite my/our signature(s) in this application and acknowledge my/our understanding that any intentional or negligent misrepresentation(s} of the information contained in this application may result in civil liability and/or criminal penalties. By signing below, I/we certify that the above statements are true and correct to the best of my/our knowledge. I/We understand that a false statement may disqualify me/us from benefits. Oyyne Con af brA o g..om Date Co-Owner Signature Date l,=oG 6/03/2020 Y----3-,--------, . . 2 City of Orange Small Business Assistance Program Owner Participant Certification Business Name Business Address In order to participate in the City of Orange Small Business Assistance Program ("Prograrn") and receive a grant, the City of Orange ("City") requires that you ("Recipient") and your staff, if applicable, certify the following: You own a Small business that employs between 1 and 50 employees. Your business is legally operating during the COVID-19 crisis. Your business has been in operation in Orange for at least one year. Your business has experienced a revenue decrease of at least 25% compared to 2019, because of the impact of COVID-19. Your business is not a franchise and is not a chain of four or more locations. You commit to continue operating for a minimum of three months after receipt of the grant funds. Notwithstanding any other rights of the City under other Sections of this Certification or applicable law, if the Recipient violates any of the terms, covenants or provisions of the Certification, or if any representation or warranty made by the Recipient in this Certification or in any document or application submitted in connection witli this Certification or the Program shall prove false or misleading, or if, in the sole judgment of the City, the conduct of the Recipient is such that the interests of the City have been or are likely to be impaired or prejudiced, the City shall thereupon have the right to terminate any grant or withhold payments due under the Program and/or demand and obtain the return of payments already made which are equal to the damages the City may have already suffered due to a breach by the Recipient. Any such action by the City shall not give rise to any cause of action for damages against the City. 3 CERTIFICATIONS 1) I certify that my business has been in operation for at least one year. 2) I certify that I currently employ a total of 6 employees. 3) I certify that as a result of COVID-19, my business experienced at least a 25% decrease in revenue for two consecutive months after January 1 st, 2020, compared to the average revenue for the same two-month period in calendar year 2019 (or average monthly revenue based on total 2019 sales). 4) I certify that my business is continuing to operate during the COVID-19 crisis. 5) I certify that my business will continue to operate for a three-month period commencing on the date of receiving the grant funds. 6) I certify that my business will comply with all laws and rules applicable to the program, including City, state and federal laws. 7) I certify that I have not misrepresented the eligibility of my business for the Program. By signing below, I certify that the above statements are true and correct to the best of my knowledge and belief. I understand that willful or fraudulent submission of a materially false statement in connection with this certification may disqualify my business from eligibility for the Program benefits and may subject my business or myself to criminal charges. This certification shall be deemed executed in the City of Orange and State of California and shall be governed and construed in accordance with the laws of the State of California and the laws of the United States. o,a.,a.,,,u..om l i l2 G K>Y,,a«xo,ou,„s,ae 06/03/2020 Business Owner Signature) Date) Business Owner Signature) Date) 4 City of Orange Small Business Assistance Program—Document Checklist Document Why we neecJ this .. ' Documents.accepted Signed participation Verification that the business employs between 1 and certification 50 employees and has experienced a loss of revenue. Revenue statements for pocumentation of revenue following COVID-19 impact One or more of the following for the entire impacted periad:point-of- two consecutive mor ths in sales reports,sales reports(demonstrating fees collected or earned 2020 income), bank statements, quarterly sales tax filings, or CPA- certified profit&loss statements for two consecutive months in 2020 Revenue statements for Comparison of typical opera6ng revenue to verity One or more of the following for the same two months in 2019: the same two consecutive loss oi revenue as a result of COVID-19 point-of-sales reporis,sales reports(demonstrating fees coflected months In 2019 or eamed income),bank statements,quarterly sales tax filings,or CPA-certified profit&loss statements for two consecutive monihs in 2019 Annual revenue statements Comparison of typical operating revenue to verify One or more of the following for total 2019 sales:point-of-sales for 2019 loss of revenue as a result of COVID-19 reports,sales reports (demanstrating fees collected or earned income), bank statements,quarterly sales tax filings, 2019 tax returns, CPA-certified profit & loss statements, 2019 Tax Returns(all pagesj,or Federal 990 Payrotl report showing To determine eligibility for the grant Payroll records. number of employees Proof of Orange location To verify that the business is located in the City City of Orange business license number on application,signed federal tax forms,signed copy of lease agreement,or 3 months of operational bills If you do not have a City buslness lfcense you wfll be requlred to obtaln one prlor to fund distrfbution 5 EXHIBIT "B" CERTIFICATION OF COMPLIANCE Beneath this sheet] 5 Date: Hannah Haase City of Orange 300 East Chapman Avenue Orange, California 92866 Re: Certification of Compliance Pursuant to City of Orange Small Business Assistance Program Business Relief Grant greement Dear Ms. Haase: This Certification is submitted to the City of Orange in accordance with the Small Business Assistance Program Business Relief Grant Agreement ("Agreement"), and constitutes the Final Compliance Report. The undersigned authorized representative of Timothy Chao, DDS Inc., hereby certifies each of the following statements: 1.The 90-day compliance period for this Agreement began on July 21, 2020, and ended on October 21, 2020. 2. During the compliance period, the business continued to operate legally. 3. Grant funds were used in accordance with the Small Business Assistance Program. DATED: By: Title: