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1 <br /> <br />Orono CARES for School Grant Program <br />This Grant Agreement (“Agreement”) is made this 14 day of September, 2020, between the City <br />of Orono (“City”) and Westonka Public Schools (“District”). <br /> <br />RECITALS <br />WHEREAS, the City has received funds from the federal government through The CARES Act’s <br />Coronavirus Relief Fund; <br /> <br />WHEREAS, according to guidance from the U.S. Treasury Department the CARES Act permits <br />units of local government to transfer funds to another unit of government; therefore, the City is <br />able to transfer Coronavirus Relief Funds to school districts; <br /> <br />WHEREAS, this Orono CARES for School Grant Program (“Grant”) has been created to use the <br />funds available to the City to assist local school districts that have been financially impacted by <br />the COVID-19 pandemic; and <br /> <br />WHEREAS, only school districts with a minimum of 5% of the City’s total taxable value will be <br />eligible for funds. <br /> <br />ACCORDINGLY, the parties hereto agree as follows: <br /> <br />1. The Grant Amount. Subject to the terms and conditions of this Agreement the City agrees <br />to grant the District up to one hundred and five thousand, five hundred and eighty-four <br />dollars and no/100th Dollars ($105,584). The City has a right to add or subtract total <br />funding available for distribution. <br /> <br />2. Disbursement. To receive funds, the District must submit a proof of expenditure, such as a <br />receipt or an invoice, and a brief explanation of how this expenditure meets the criteria of <br />approved Coronavirus Relief Fund spending as described in section four of this Agreement. <br /> <br />3. Term. The City is obligated to expend Coronavirus Relief Funds by November 15, 2020. <br />If funds remain available for the District after October 23, 2020, the City has the right to <br />reallocate to the other participating districts. Any expenditures after this date are considered <br />ineligible for reimbursement by the City. However, an expenditure made before November <br />15, 2020 may be reimbursed after November 15, 2020 so long as the reimbursement request <br />is submitted as soon as possible. <br /> <br />4. Federal and State Compliance. All reimbursement requests must be in compliance with this <br />section of the Agreement, the CARES Act, federal guidance from the Treasury <br />Department, and state guidance from the Minnesota Management and Budget Agency <br />including the COVID-19 Response Accountability Office. If a request is not in compliance <br />with the above stated the disbursement of funds will be denied.