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R90-149 AUTHORIZING SUBMISSION OF GRANT APPLICATION
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R90-149 AUTHORIZING SUBMISSION OF GRANT APPLICATION
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7/26/2016 2:49:33 PM
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Resolution/Ordinance
Res Ord Num
R90-149
Res Ord Title
AUTHORIZING SUBMISSION OF GRANT APPLICATION - DECATUR INDUSTRY AND TECHNOLOGY CENTER
Approved Date
12/3/1990
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Page 13 of �' '� <br /> 8. Rules and Procedures. Grantee agrees to comply with other program rules, <br /> regulations, policies and procedural requirements as may be promulgated <br /> by the Department. The Department shall notify the Grantee of such <br /> program rules, regulations, policies and procedural requirements, and the <br /> Grantee shall have 30 days to comply. - <br /> 9. Grantee Status. The employees of the Grantee or any subcontractors <br /> employed by the Grantee pursuant to this Agreement, are independent <br /> contractors and not in any manner whatsoever or for any purpose <br /> whatsoever to be considered employees or agents of the State of Illinois. <br /> 10. Operating Covenants. Until the Department' s property interest in Program <br /> Proceeds is disposed of in accordance with Part VII , Section 5, the <br /> Grantee agrees to abide by the terms, conditions and provisions of this <br /> Agreement. <br /> 11. Assignment/Subcontracting. This Agreement shall not be assigned, nor any <br /> portion of the services subcontracted, without prior written consent by <br /> the Department. <br /> 12. Special Grant Conditions. In addition to the general terms and <br /> conditions which appear in this part, the following special grant <br /> condition(s) shall be applicable: <br /> The Grantee shall secure and notify the Department of its receipt of <br /> $300,000 in Capitalization Funds, at least one third of which, or <br /> $100,000, which must be Matching Funds, by January 30, 1992. Such <br /> Matching Funds and Capitalization Funds shall be in accordance with Part <br /> II , Sections 1 and 5. <br /> This Agreement shall take precedence over any other agreement which <br /> conflicts with or contradicts it. . <br /> Grantee shall require from third party beneficiaries receiving financial <br /> assistance, certification that the Project does not involve ,relocating a <br /> facility or workers from any location in Illinois outside of the <br /> community in which the business Project will be conducted. <br /> - 13 - <br /> I <br />
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