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GPA Eleanor Wilson - Sunny Spa 04292022
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GPA Eleanor Wilson - Sunny Spa 04292022
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CM City Clerk-City Council - Document Type
Agreement
Document Date (6)
4/29/2022
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San Leandro Small Business Recovery Grant Program Agreement <br />Page 1 of 6 <br />SAN LEANDRO SMALL BUSINESS RECOVERY GRANT PROGRAM AGREEMENT <br />This Agreement is made and entered into this ____ day of ______________, 2022 (the “Effective <br />Date”) by and between the City of San Leandro, a municipal corporation (“City”), and Eleanor S. Huang- <br />Wilson an individual (“Commercial Landlord”) who is the commercial landlord and owner of the <br />property located at 1717 E 14th St San Leandro , CA 94577 (“Property”) (together sometimes referred <br />to as the “Parties”). <br />RECITALS <br />A.In support of community recovery from the local emergency in the City of San Leandro <br />related to the COVID-19 pandemic, the City has established a Commercial Rent Relief Grant Program, <br />which is a financial assistance program that provides up to $15,000 in relief funds per lessee to a <br />commercial landlord. The City Council directed up to $750,000 from the American Rescue Plan Act funds <br />to cover the costs of this program. <br />B.The City has agreed to provide funds as an incentive for commercial landlords to create <br />repayment plans for unpaid lease payments for small businesses including Sunny Spa LLC (“Small <br />Business Tenant”) that have been negatively impacted by the COVID-19 pandemic rather than pursuing <br />an eviction of the Small Business Tenant. <br />C.This program is intended to assist commercial landlords, many of whom are local small <br />business owners themselves, to pay their fixed costs and leverage City funds to provide additional relief <br />to tenants experiencing a loss of income due to COVID-19-related partial or complete closure of their <br />businesses. <br />D.The Commercial Landlord has submitted a signed document showing the amount of <br />unpaid rent owed by the Small Business Tenant, as well as a repayment plan agreed to by the <br />Commercial Landlord and Small Business Tenant for rent due in excess of the assistance being provided, <br />as applicable, attached hereto as Exhibit A. The City has reviewed and considered these documents and <br />has selected the applicant as a recipient of funds pursuant to the terms of this Agreement. <br />AGREEMENT <br />NOW THEREFORE, in consideration of the mutual covenants contained herein, City and <br />Commercial Landlord hereby agree that the aforementioned recitals are true and correct and further <br />agree as follows: <br />1.Distribution of Grant Funds. City shall provide the Commercial Landlord with Nine Thousand Three <br />Hundred Ten Dollars and No Cents ($9,310.00) (“Grant Funds”) as payment for all or a portion of the <br />unpaid rent due from the Small Business Tenant that accrued during the state of local emergency <br />related to the COVID-19 pandemic. The balance of unpaid rent owed by the Small Business Tenant <br />to the Commercial Landlord shall be decreased by the same amount as the Grant Funds. <br />a.It is agreed and understood that City shall pay the Grant Funds to the Commercial Landlord <br />directly or to such entity identified below. Unless otherwise provided herein, the Grant <br />Funds will be paid in one installment to cover the delinquent rent, or portion of rent, as <br />described herein. <br />DocuSign Envelope ID: B17353B8-96B1-4CEA-849D-16BB82B7A637 <br />April29th
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