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HomeMy WebLinkAboutExhibit 2Attachment A 1. The Sub -recipient will provide assistance to eligible businesses located in the City of Miami. 2. To be eligible the entity must be an operating for profit business, either: having an occupational license for that location and a certificate of use for that type of business; or in the process of starting a business in the City of Miami. 3. Sub -recipient will complete loan applications of for -profit business. 4. Sub -recipient must report to the City on a monthly basis the number of loans that were consummated during the month "The Monthly Performance Report", indicating whether the source of funds is from SUBRECIPIENT own funds or CDBG Funds, said report should provide: A. Number of loans made to date versus projections established in the Scope of Services; B. Average size of approved loan; C. Number of loans originated by locations; 1. City vs. Non -City of Miami 2. Loans by City Neighborhood: Little Havana, Little Haiti, Allapattah, Overtown, Flagami, Wynwood and Model City. SIGNED: Name: Title: STATE OF FLORIDA COUNTY OF Date The foregoing instrument was acknowledged before me this by of ACCION U.S.A., INC., a Florida not -for -profit corporation, on behalf of the corporation. He/she is personally known to me or has produced as identification. 1 Print Notary Public's Name Signature (SEAL) profit corporation, on behalf of the corporation. He is personally known to me or has produced as identification. Print Notary Public's Name Signature (SEAL) 2