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R22-035 1 RESOLUTION R22- 035 2 3 A RESOLUTION OF THE CITY OF BOYNTON BEACH, FLORIDA, 4 APPROVING AND AUTHORIZING THE MAYOR TO SIGN THE ARPA 5 SUBRECIPIENT GRANT AGREEMENT WITH FLORIDA ATLANTIC 6 UNIVERSITY'S TECH RUNWAY TO PROVIDE LOCAL BOYNTON BEACH 7 ENTREPRENEURS AND SMALL BUSINESS OWNERS, WHO HAVE 8 EXPERIENCED NEGATIVE ECONOMIC IMPACT DUE TO THE COVID-19 9 PANDEMIC, ACCESS TO PERSONALIZED TRAINING PROGRAMS THAT 10 WILL HELP INDMDUALS BUILD A BUSINESS OR GROW AN EXISTING 11 BUSINESS, FOR THE TOTAL AMOUNT OF$60,000.00;AND PROVIDING 12 AN EFFECTIVE DATE. 13 14 WHEREAS, the COVID-19 public health emergency has created negative economic 15 impacts across the globe, especially to small businesses and entrepreneurs facing financial 16 insecurity, substantial declines in gross revenues, and those with less capacity to weather 17 financial hardship such as the smallest businesses and business start-ups with less access to 18 credit and those serving disadvantaged communities; and 19 WHEREAS, The American Rescue Plan Act (ARPA) was signed into law on March 11, 20 2021 and established the US Department of Treasury Coronavirus State and Local Fiscal 21 Recovery Funds (CSLFRF); and 22 WHEREAS, On December 7, 2021, the Boynton Beach City Commission approved a 23 Master Spending Plan which allowed for small business grants and technical assistance, which 24 are eligible uses of funds under the ARPA guidelines, to be provided to the Boynton Beach 25 business community with Fiscal Recovery Funds; and 26 WHEREAS, the City Commission deems it to be in the best interest of the citizens and 27 residents to approve and authorize the Mayor to sign the ARPA Subrecipient Grant Agreement 28 with Florida Atlantic University's Tech Runway to provide local Boynton Beach entrepreneurs 29 and small business owners, who have experienced negative economic impact due to the 30 COVID-19 pandemic, access to personalized training programs that will help individuals build 31 a business or grow an existing business, for the total amount of $60,000.00. 32 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF 33 BOYNTON BEACH, FLORIDA, THAT: S:\CA\RESO\Agreements\ARPA Subrecipient Agreement with FAU Tech Runway-Reso.docx 1 34 Section 1. The foregoing "Whereas" clauses are hereby ratified and confirmed as 35 being true and correct and are hereby made a specific part of this Resolution upon adoption 36 hereof. 37 Section 2. The City Commission of the City of Boynton Beach, Florida does hereby 38 authorize the Mayor to sign the ARPA Subrecipient Grant Agreement with Florida Atlantic 39 University's Tech Runway to provide local Boynton Beach entrepreneurs and small business 40 owners, who have experienced negative economic impact due to the COVID-19 pandemic, 41 access to personalized training programs that will help individuals build a business or grow an 42 existing business, for the total amount of $60,000.00, a copy of the Agreement is attached 43 hereto as Exhibit "A". 44 Section 3. This Resolution will become effective immediately upon passage. 45 PASSED AND ADOPTED this 1st day of March, 2022. 46 CITY OF BOYNTON BEACH, FLORIDA 47 YES NO 48 49 Mayor—Steven B. Grant ✓ 50 51 Vice Mayor—Woodrow L. Hay 52 53 Commissioner—Justin Katz 54 55 Commissioner— Christina L. Romelus 56 57 Commissioner—Ty Penserga ✓ 58 59 VOTE 60 ATTEST: 61 62 63 64 C stal Gibson, MMC 65 City Clerk 66 67 68 (Corporate Seal) S:\CA\RESO\Agreements\ARPA Subrecipient Agreement with FAU Tech Runway-Reso.docx 2 FY 2021-2022 ARPA SUBRECIPIENT GRANT AGREEMENT between CITY OF BOYNTON BEACH and FLORIDA ATLANTIC UNIVERSITY BOARD OF TRUSTEES THIS AGREEMENT entered into this 1st day of March 2022 is between the CITY OF BOYNTON BEACH, a Florida municipal corporation, hereinafter referred to as "CITY," and the FLORIDA ATLANTIC UNIVERSITY BOARD OF TRUSTEES ON BEHALF OF FAU TECH RUNWAY. hereinafter referred to as "the SUBRECIPIENT," having its principal office at 777 Glades Road, Building ME-104, Room 314, Boca Raton, FL 33431 and its Federal Tax Identification Number as 65-0385507. WITNESSETH: WHEREAS, the CITY has entered into an Agreement with the U.S. Treasury Department for Coronavirus State and Local Fiscal Recovery Funds (CSLFRF) for the execution and implementation the American Rescue Plan Act (ARPA) in the CITY, pursuant to the Interim Final Rule of May 17, 2021, and the Final Rule, effective date April 1, 2022 (as amended); and WHEREAS, the CITY desires to engage the SUBRECIPIENT to implement an element of the Boynton Beach ARPA Master Spending Plan; NOW, THEREFORE, in consideration of the mutual promises and covenants contained herein, receipt of which is hereby acknowledged, the parties hereto agree as follows: ARTICLE I DEFINITION AND PURPOSE 1. Definitions 1.1 "ARPA" means American Rescue Plan Act. 1.2 "Treasury" means the U.S. Department of Treasury. 1.3 "OMB" means the Federal Office of Management and Budget. 1.4 "CFR" means the Code of Federal Regulations. 1.5 "2 CFR" refers to the Section of the Code of Federal Regulations pertaining to Grants and Agreements. 1.6 "CSLFRF" means Coronavirus State and Local Fiscal Recovery Funds (also referred to as ARPA funds). 1.7 "31 CFR 35.6" refers to the Section of the Code of Federal Regulations pertaining to the Eligible Uses for Part 35, Subpart A— Coronavirus State and Local Fiscal Recovery Funds. (00496155.2 306-9905603) Page 1 of 9 1.8 "Program Income" Intentionally Omitted. 1.9 "Property" means any purchase of equipment or real property with CSLFRF funds must be consistent with the Uniform Guidance at 2 CFR Part 200, Subpart D. Equipment and real property acquired under this program must be used for the originally authorized purpose in project budget detail. a. "Real Property" means land, land improvements, structures, fixtures and appurtenances thereto, excluding movable machinery and equipment. b. "Personal Property" means personal property of any kind except real property. c. "Nonexpendable Personal Property" means tangible (i.e., physical) personal property of a non-consumable nature, with a value of$500 or more per item, with a normal expected life of one or more years, not fixed in place, and not an integral part of a structure, facility or another piece of equipment. d. "Expendable Personal Property" means all tangible personal property other than nonexpendable property. 1.10 "Subrecipient" means an entity, including but not limited to non-Federal entities, that receives a subaward from a pass-through entity to carry out part of a Federal award; but does not include an individual that is a beneficiary of such award. A subrecipient may also be a recipient of other Federal awards directly from a Federal awarding agency. 2. Purpose The purpose of this Agreement is to state the covenants and conditions under which the SUBRECIPIENT will implement the Statement of Work set forth in Article II of this agreement. ARTICLE II FUNDING AND BUDGET The maximum amount payable by the CITY under this Agreement will be Sixty Thousand Dollars and 00/100 ($60,000.00). The SUBRECIPIENT shall carry out the activities specified in Attachment A, "Scope of Services." This award is a subaward of CSLFRF funds and the SUBRECIPIENT must comply with any and all requirements for use of CSLFR funds and reporting requirements for expenditures of CSLFRF funds. ARTICLE III FUNDING AND METHOD OF PAYMENT 3.1 The maximum amount payable by the CITY under this Agreement will be Sixty Thousand Dollars and 00/100($60,000.00). It is expressly understood and agreed by the Parties that the funds contemplated by this Agreement originated from federal ARPA funds and funding is contingent upon approval and funding by the Boynton Beach City Commission. SUBRECIPIENT agrees to reimburse CITY, in full, all funds remitted to SUBRECIPIENT by CITY that SUBRECIPIENT utilizes in a manner that does not comply with any and all requirements for use of ARPA funding. 3.2 The CITY will be invoiced by the SUBRECIPIENT for eligible expenses on a fixed price basis and will disburse payments once per quarter unless there is a mutual written {00496155.2 306-9905603) Page 2 of 9 agreement otherwise. Invoices shall be submitted by the SUBRECIPIENT no later than 4:00 pm on the 15th day of the month following each quarter and will be paid provided appropriate documentation and status and beneficiary reports are attached to the invoice. 3.3 Payment by the CITY shall be contingent upon timely receipt of accurate and complete reports and records required by this Agreement more fully described on Attachment A. 3.4 Prior to receipt of ARPA funds(through reimbursement), SUBRECIPIENT shall submit the following documentation: a. Quarterly Progress Report. b. All back up original documentation relating to the expenditures for which payment is sought. 3.5 Release of funds is subject to the approval of the ARPA Project Manager, Finance Director, and/or City Manager. ARTICLE IV TERM OF AGREEMENT The term of this Agreement shall be from October 1, 2021 to September 30, 2022. ARTICLE V SUSPENSION AND TERMINATION 5.1 Termination/Suspension of Payments/Agreement for Cause: If through any cause either party shall fail to fulfill in timely and proper manner its obligations under this Agreement, or if either party shall violate any of the covenants, agreements, or stipulations of this Agreement, either party shall thereupon have the right to terminate this Agreement or suspend payments in whole or in part after giving written notice to the other party of the alleged failure or violation and a reasonable opportunity to cure the alleged failure or violation. If payments are suspended pursuant to this section, the CITY shall specify in writing the actions that must be taken by the SUBRECIPIENT as a condition precedent to resumption of payments and shall specify a reasonable date for compliance. Sufficient cause for suspension of payments shall include, but not be limited to: a. ineffective or improper use of ARPA funds, b. failure to comply with the Statement of Work or terms of this Agreement, c. failure to submit reports as required, d. submittal of materially incorrect or incomplete reports, e. failure to comply with any additional conditions that may be imposed by the Treasury, OMB, or CITY. 5.2 Termination for Convenience of City: The CITY may terminate this Agreement without cause at any time by giving at least ten (10) working days' notice in writing to the SUBRECIPIENT. If this Agreement is terminated by the CITY as provided herein, the CITY shall pay the SUBRECIPIENT for (i) allowable services performed under this Agreement or already scheduled to be performed and for which participants have (00496155.2 306-9905603) Page 3 of 9 registered and (ii) all non-cancelable obligations for the term of the Agreement, which may include all appointments of staff incurred prior to the effective date of the termination. 5.3 Termination for Convenience of the SUBRECIPIENT: At any time during the term of this Agreement, the SUBRECIPIENT may, at its option and for any reason, terminate this Agreement upon given at least ten (10) working days written notice to the CITY. Upon termination, the SUBRECIPIENT shall be paid for services rendered pursuant to this Agreement through and including the date of termination. ARTICLE VI RECORDS AND REPORTS 6.1 The SUBRECIPIENT agrees to maintain and produce all business records related to use of the subaward grant funds and related business expenditures from the time of grant closeout for a period of three (3) years. 6.2 The SUBRECIPIENT agrees to submit upon request other documentation which may later be determined necessary to assure compliance with this Agreement. ARTICLE VII PROGRAM INCOME The SUBRECIPIENT agrees to expend ARPA funds for the purpose outlined in Article I of this Agreement. Program Income rules are not applicable to this Agreement. ARTICLE VIII PUBLICITY The SUBRECIPIENT shall ensure that all publicity, public relations, advertisements and signs, recognize the CITY and the ARPA Program for the support of all contracted activities. The use of the official CITY logo is permissible, but all signs used to publicize CITY contracted activities must be approved by the CITY prior to being posted. ARTICLE IX GENERAL CONDITIONS 9.1 Federal Office of Management and Budget Requirements: The SUBRECIPIENT shall 9 9 q comply with requirements established by the Federal Office of Management and Budget (OMB) concerning the Dun and Bradstreet Data Universal Numbering System (DUNS) and System for Award Management (SAM) database, as set forth on 2 CFR Part 200, and the Federal Accountability and Transparency Act, as set forth at 2 CFR Part 170. 9.2 Federal, State, County and CITY Laws and Regulations: The SUBRECIPIENT shall comply with applicable provisions of applicable federal, state, County, and CITY laws, regulations and rules, including 2 CFR part 200, subpart E, OMB A-21, 2 CFR part 200, subpart F. The SUBRECIPIENT shall comply with Section 504 of the Rehabilitation Act of 1973, as amended, which prohibits discrimination on the basis of handicap; Title VI of the Civil {00496155.2 306-9905603) Page 4 of 9 Rights Act of 1964, as amended, which prohibits discrimination on the basis of race, color, or national origin; the Age Discrimination Act of 1975, as amended, which prohibits discrimination on the basis of age; Title VIII of the Civil Rights Act of 1968, as amended, and Executive Order 11063 which prohibits discrimination in housing on the basis of race, color, religion, sex, or national origin; and Executive Order 11246, as amended which requires equal employment opportunity; and with the Conservation Act (Pub.L 94-163) which requires mandatory standards and policies relating to energy efficiency. The SUBRECIPIENT shall report its compliance with Section 504 of the Rehabilitation Act whenever so requested by the CITY. The SUBRECIPIENT shall comply with all applicable requirements of the Americans with Disabilities Act (ADA) of 1990, including, but not limited to, those provisions pertaining to employment, program services, transportation, communications, access to facilities, renovations, and new construction. 9.3 Other Program Requirements: The SUBRECIPIENT shall comply with all federal laws and regulations pertaining to 31 CFR 35.6, the Treasury Department Interim Final Rule, with amendments, effective April 1, 2022 and Treasury Department CSLFRF Frequently Asked Questions and Treasury Department CSLFRF Compliance and Reporting Guidance, as the same may be updated from time to time. 9.4 Opportunities for Residents and Civil Rights Compliance: The SUBRECIPIENT agrees that no person shall on the grounds of race, color, national origin, religion, or sex be excluded from the benefits of, or be subjected to, discrimination under any activity carried out by the performance of this Agreement. SUBRECIPIENT shall endeavor, in good faith to include lower-income residents of the project areas in the funded programs. 9.5 Evaluation and Monitoring: The SUBRECIPIENT agrees that the CITY will carry out periodic monitoring and evaluation activities as determined necessary and that the continuation and/or renewal of this Agreement is dependent upon satisfactory evaluation conclusions. Such evaluations will be based on the terms of this Agreement, comparisons of planned versus actual progress relating to activity scheduling, budgets, audit reports, and output measures. The SUBRECIPIENT agrees to furnish upon request to the CITY and make copies of transcriptions of such records and information as is determined necessary by the CITY. The SUBRECIPIENT shall submit on a schedule set by the CITY and at other times upon request, information and status reports required by the CITY to enable the evaluation of said progress and to allow for completion of reports required of the CITY by the Treasury. The SUBRECIPIENT shall allow the CITY or the Treasury to monitor its agency on site. Such site visits may be scheduled or unscheduled as determined by the CITY or the Treasury. Ongoing monitoring of the SUBRECIPIENT will be done through quarterly reporting from the SUBRECIPIENT to the City. Reporting requirements will be based upon the SUBRECIPIENT'S risk assessment and in compliance with the CSLFRF Compliance and Reporting Guidance and Uniform Guidance 2 CFR Part 200. Monitoring will include identification of deficiencies in meeting stated requirements in Article II of this agreement and follow-up to ensure appropriate remediation. 9.6 Audits: Any non-federal agency and/or non-profit organization that expend $750,000 or more annually in federal awards shall have a single or program specific audit conducted accordance with 2 CFR 200, Subpart F. Non-federal agencies and/or nonprofit organizations that expend less than $750,000 annually in federal awards shall be exempt from an audit conducted in accordance with 2 CFR 200, Subpart F, although their records {00496155.2 306-9905603) Page 5 of 9 must be available for review. These agencies are required by the CITY to submit"reduced scope" audits (e.g., financial audits, performance audits). Each audit shall cover a time period of not more than 12 months and an audit shall be submitted covering each assisted period until all the assistance received from this agreement has been reported on. A copy of the latest audit report must be provided to the CITY promptly following its request. The SUBRECIPIENT shall maintain all records in accordance with generally accepted accounting principles, procedures, and practices which shall sufficiently and properly reflect all revenues and expenditures of funds provided directly or indirectly by the CITY pursuant to the terms of this agreement. 9.7 Uniform Administrative Requirements: The SUBRECIPIENT agrees to maintain books, records and documents in accordance with accounting procedures andP ractices which sufficiently and properly reflect all expenditures of funds provided by the CITY under this Agreement. The SUBRECIPIENT is required to comply with the following uniform administrative requirements: a. Specific provisions of the uniform administrative requirements of 2 CFR 200, Subpart E — Cost Principles b. OMB 2021 Compliance Supplement Addendum Final V2 (Audit Requirements). c. Applicable provisions of 31 CFR 35.6. 9.8 Lobbying Prohibition: The SUBRECIPIENT shall certify that no federal appropriated funds have been paid or will be paid, by or on behalf of the undersigned, in violation of law, to any person for influencing or attempting to influence an officer or employee of any agency, a Member of Congress, an officer or employee of Congress, or an employee of a Member of Congress in connection with the awarding of any federal Agreement, the making of any federal grant, the making of any federal loan, the entering into of any cooperative Agreement, and the extension, continuation, renewal, amendment, or modification of any federal Agreement, grant, loan, or cooperative Agreement. The SUBRECIPIENT shall disclose to the CITY if any funds other than federal appropriated funds have been paid or will be paid to any person for influencing or attempting to influence an officer or employee of any agency, a Member of Congress, an officer or employee of Congress, or an employee of a Member of Congress in connection with this federal Agreement. 9.9 Insurance: The SUBRECIPIENT shall furnish to the CITY, do the ARPA Project Manager, certificate(s) of current self-insurance coverage. 9.10 Property: All real property purchased in whole or in part with funds from this agreement with the CITY, or transferred to the SUBRECIPIENT after being purchased in whole or in part with funds from the CITY, shall be listed in the property records of the SUBRECIPIENT and shall include a legal description, size, date of acquisition, value at time of acquisition, present market value, present condition, address or location, owner's name if different from the SUBRECIPIENT, information on the transfer or disposition of the property, and map. The property records shall describe the programmatic purpose for which the property was acquired and identify the ARPA national objective that will be met. If the property was improved, the records shall describe the programmatic purpose for which the improvements were made and identify the ARPA national objective that will be met. {00496155.2306-9905603} Page 6 of 9 All nonexpendable personal property purchased in whole or in part with funds from this agreement with the CITY shall be listed in the property records of the SUBRECIPIENT and shall include a description of the property, location, model number, manufacturer's serial number, date of acquisition, funding source, unit cost at the time of acquisition, present market value, property inventory number, information on its condition, and information on transfer, replacement, or disposition of the property. The SUBRECIPIENT shall obtain prior written approval from the CITY for the disposition of real property, expendable personal property, and nonexpendable personal property purchased in whole or in part with funds given to the SUBRECIPIENT pursuant to the terms of this agreement. The SUBRECIPIENT shall dispose of all such property in accordance with instructions from the CITY. Those instructions may require the return of all such property to the CITY. The parties acknowledge and agree that this Agreement does not include or contemplate the SUBRECIPIENT's purchase of Property and this Section 9.11 and Section 9.12 do not apply. 9.12 Reversion of Assets: The SUBRECIPIENT shall return to the CITY, upon expiration or termination of this Agreement, all the assets owned or held as a result of this Agreement, including, but not limited to any funds on hand, any accounts receivable attributable to these funds, mortgages, notes, and other collateral and any overpayments due to unearned funds or costs disallowed pursuant to the terms of this Agreement that were disbursed to the SUBRECIPIENT by the CITY. The SUBRECIPIENT shall within 30 days of expiration or termination of this Agreement execute any and all documents as required by the CITY to effectuate the reversion of assets. Any funds not earned, as described and provided for in 2 CFR 200, Subpart E, by the SUBRECIPIENT prior to the expiration or termination of this Agreement shall be retained by the CITY. 9.13 Conflicts with Applicable Laws: If any provision of this agreement conflicts with any applicable law or regulation, only the conflicting provision shall be deemed by the parties hereto to be modified to be consistent with the law or regulation or to be deleted if modification is impossible. However, the obligations under this agreement, as modified, shall continue and all other provisions of this agreement shall remain in full force and effect. 9.14 Renegotiation or Modification: Modifications of9 rovisions of the agreement shall be valid P only when in writing and signed by duly authorized representatives of each party. The parties agree to renegotiate this agreement if the CITY determines, in its sole and absolute discretion, that federal, State and/or CITY revisions of any applicable laws or regulations, or increases or decreases in budget allocations make changes in this agreement necessary. 9.15 Right to Waive: The CITY may, for good and sufficient cause, as determined by the CITY in its sole and absolute discretion, waive provisions in this agreement or seek to obtain such waiver from the appropriate authority. Waiver requests from the SUBRECIPIENT shall be in writing. Any waiver shall not be construed to be a modification of this agreement. 9.16 Disputes: In the event an unresolved dispute exists between the SUBRECIPIENT and the CITY, the CITY shall refer the questions, including the views of all interested parties {00496155.2 306-9905603} Page 7 of 9 and the recommendation of the CITY, to the City Manager for determination. The City Manager, or an authorized representative, will issue a determination within 30 calendar days of receipt and so advise the CITY and the SUBRECIPIENT, or in the event additional time is necessary, the CITY will notify the SUBRECIPIENT within the 30-day period that additional time is necessary. The SUBRECIPIENT agrees that the City Manager's determination shall be the final decision of the CITY. 9.17 Liability: Each party will be responsible for its negligent acts or omissions, and the negligent acts or omissions of its officers, employees, servants, and agents when acting within the scope of their employment or agency, and agrees to be liable for any damage or injury resulting from said negligent acts or omissions, subject to the limitations provided under Section 768.28 of the Florida Statutes. Nothing contained herein, or in any term or condition contained within this Agreement shall be construed or interpreted as (1) denying to any party any remedy or defense available to such party under the laws of the State of Florida; (2) consent by either party to be sued except as authorized under Section 768.28 of the Florida Statutes; (3) a waiver of sovereign immunity by either party or their affiliates, the State of Florida or any of their respective officers, employees, servants, agents, agencies, political subdivisions, or public bodies corporate beyond the waiver provided in Section 768.28, Florida Statues; or(4) constituting a hold harmless agreement on the part of either party. 9.18 Public Records: SUBRECIPIENT shall comply with all public records laws in accordance with Chapter 119, Fla. Stat. In accordance with state law, SUBRECIPIENT agrees to: a) Keep and maintain all records that ordinarily and necessarily would be required by the CITY. b) Provide the public with access to public records on the same terms and conditions that the CITY would provide for the records and at a cost that does not exceed the costs provided in Chapter 119, Fla. Stat. or as otherwise provided by law. c) Ensure that public records that are exempt or confidential and exempt from public records disclosure are not disclosed except as authorized by law. d) Meet all requirements for retaining public records and transfer, at no cost, to the CITY all records in possession of the SUBRECIPIENT at the termination of the contract and destroy any public records that are exempt or confidential and exempt from public records disclosure requirements. All records stored electronically must be provided to the CITY in a format that is compatible with the information technology systems of the CITY. All records shall be transferred to the CITY prior to final payment being made to the SUBRECIPIENT. SUBRECIPIENT may retain copies of all such records for purposes of complying with its records retention policy. e) If SUBRECIPIENT does not comply with this section, the CITY shall enforce the contract provisions in accordance with the contract and may unilaterally cancel this contract in accordance with state law. 9.19 Inspector General: SUBRECIPIENT is aware that the Inspector General of Palm Beach County has the authority to investigate and audit matters relating to the negotiation and performance of this Agreement and may demand and obtain records and testimony from SUBRECIPIENT. SUBRECIPIENT understands and agrees that in addition to all other remedies and consequences provided by law, the failure of SUBRECIPIENT to fully cooperate with the (00496155.2 306-9905603) Page 8 of 9 Inspector General when requested may be deemed by the CITY to be a material breach of this Agreement. IN WITNESS OF THE FOREGOING, the parties have set their hands and seals on this day of , 2022. WITNESSES: The Florida Atlantic University Board of Trustees By: Print Miriam Campo, Assistant Vice President for Research Print STATE OF FLORIDA COUNTY OF PALM BEACH The foregoing instrument was acknowledged before me this day of , 20 , by Personally Known_ OR Produced Identification_Type of Identification Produced Seal NOTARY PUBLIC Signature Print ATTEST: CITY OF BOYNTON BEAC , FLORIDA 4:7?4—j-- By: r6 a::.. Cilerk — Mayor ti Approve• t. orm: j626_ i ;t;,1_4.16L7 City Attorney - {00496155.2 306-9905603} Page 9 of 9 FY 2021-2022 ARPA SUBRECIPIENT GRANT AGREEMENT between CITY OF BOYNTON 13EACH and FLORIDA ATLANTIC UNIVERSITY BOARD OF TRUSTEES THIS AGREEMENT entered into this 1st day of March 2022 is between the CITY OF BCYNTON BEACH, a Florida municipal corporation, hereinafter referred to as "CITY," and the FLORIDA ATLANTIC UNIVERSITY BOARD OF TRUSTEES ON BEHALF OF FAU TECH RUNWAY. hereinafter referred to as "the SUBRECIPIENT," having its principal office at 777 Glades Road, Building ME -104, Room 314, Boca Raton, FL 33431 and its Federal Tax Identification Number as 65-0385507. WITNESSETH: WHEREAS, the CITY has entered into an Agreement with the U.S. Treasury Department for Coronavirus State and Local Fiscal Recovery Funds (CSLFRF) for the execution and implementation the American Rescue Plan Act (ARPA) in the CITY, pursuant to the Interim Final Rule of May 17, 2021, and the Final Rule, effective date April 1, 2022 (as amended); and WHEREAS, the CITY desires to engage the SUBRECIPIENT to implement an element of the Boynton Beach ABPA Master Spending Plan; NOW, THEREFORE, in consideration of the mutual promises and covenants contained herein, receipt of which is hereby acknowledged, the parties hereto agree as follows: ARTICLE I DEFINITION AND PURPOSE Definitions 1,1 "ARPA" means American Rescue Plan Act, 1.2 "Treasury, means the U.S. Department of Treasury. 1.3 "OMB" means the Federal Office of Management and Budget. 1,4 "CFR" means the Code of Federal Regulations. 1.5 "2 CFR" refers to the Section of the Code of Federal Regulations pertaining to Grants and Agreements. 1.6 "CSLFRF" means Coronavirus State and Local Fiscal Recovery Funds (also referred to as ARPA funds), 1.7 "31 CFR 35.6" refers to the Section of the Code of Federal Regulations pertaining to the Eligible Uses for Fart 35, Subpart A — Coronavirus State and Local Fiscal Recovery Funds. {004965551306.9905603, Page 1 of 9 1.8 "Program Income" Intentionally Omitted. 1,9 "Property" means any purchase of equipment or real property with CSLFRF funds must be consistent with the Uniform Guidance at 2 CFR Part 200, Subpart D. Equipment and real property acquired under this program must be used for the originally authorized purpose in project budget detail. a. "Real Property" means land, land improvements, structures, fixtures and appurtenances thereto, excluding movable machinery and equipment. b. "Personal Property' means personal proper'l'y of any kind except real property. c. "Nonexpendabfe Personal Property" means tangible (i.e., physical) personal property of a non -consumable nature, with a value of $500 or more per item, with a normal expected life of one or more years, not fixed in place, and not an integral part of a structure, facility or another piece of equipment. d. "Expendable Personal Property' means all tangible personal property other than nonexpendable property. 1.10 "Subrecipient" means an entity, including but not limited to non -Federal' entities, that receives a subaward from a pass-through entity to carry cut part of a Federal award; but does not include an individual that is a beneficiary of such award. A subrecipient may also be a recipient of other Federal awards directly from a Federal awarding agency. 2. Purpose The purpose of this Agreement is to state the covenants and conditions under which the SUBRECIPIENT will implement the Statement of Work set forth in Article 11 of this agreement. ARTICLE If FUNDING AND BUDGET The maximum amount payable by the CITY under this Agreement will be Sixty Thousand (Dollars and 001100 ($60,000.00). The SUBRECIPIENT shall carry out the activities specified in Attachment A, "Scope of Services." This award is a subaward of CSLFRF funds and the SUBRECIPIENT must comply with any and all requirements for use of CSLFR funds and reporting requirements for expenditures of CSLFRF funds. ARTICLE III FUNDING AND METHOD OF PAYMENT 3.1 The maximum amount payable by the CITY under this Agreement will be Sixty Thousand Dollars and 001100 ($60,000.0 ). It is expressly understood and agreed by the Parties that the funds contemplated by this Agreement originated from federal ARPA funds and funding is contingent upon approval and funding by the Baynton Beach City Commission. SUBRECIPIENT agrees to reimburse CITY, in full, all funds remitted to SUBRECIPIENT by CITY that SUBRECIPIENT utilizes in a manner that does not comply with any and all requirements for use of ARPA funding, 3.2 The CITY will be invoiced by the SUBRECIPIENT for eligible expenses on a fixed price basis and will disburse payments once per quarter unless there is a mutual written (Om615573fl6.59a5Efl3} Page 2 of 9 agreement otherwise. Invoices shall be submitted by the SUBRECIPIENT no later than 4:00 prn on the 15"' day of the month following each quarter and will be paid provided appropriate documentation and status and beneficiary reports are attached to the invoice. 3.3 Payment by the CITY shall be contingent upon timely receipt of accurate and complete reports and records required by this Agreement more fully described on Attachment A. 3.4 Prior to receipt of ARPA funds (through reimbursement), SUB RECIPIENT shall submit the following documentation: a. Quarterly Progress Report. b. All back up original documentation relating to the expenditures for which payment is sought. 3.5 Release of funds is subject to the approval of the ARPA Project Manager, Finance Director, and/or City Manager. ARTICLE IV TERM OF AGREEMENT The term of this Agreement shall be from October 1, 2021 to September 30, 2022. ARTICLE V SL15P_ ;NSION AND TERMINATION 5,1 Termination/Suspension of Pa men sIA reement for Cause: If through any cause either party shall fail to fulfill in timely and proper manner its obligations under this Agreement, or if either party shall violate any of the covenants, agreements, or stipulations of this Agreement, either party shall thereupon have the right to terminate this Agreement or suspend payments in whole or in part after giving written notice to the other party of the alleged failure or violation and a reasonable opportunity to cure the alleged failure or violation. If payments are suspended pursuant to this section, the CITY shall specify in writing the actions that must be taken by the SUB RECiPiENT as a condition precedent to resumption of payments and shall specify a reasonable date for compliance. Sufficient cause for suspension of payments shall include, but not be limited to.- a. o: a. ineffective or improper use of ARPA funds, b. failure to comply with the Statement of Work or terms of this Agreement, c. failure to submit reports as required, d. submittal of materially incorrect or incomplete reports, e. failure to comply with any additional conditions that may be imposed by the Treasury, OMB, or CITY. 5.2 Termination for Convenience of City: The CITY may terminate this Agreement without cause at any time by giving at least ten (10) working days' notice in writing to the SUBRECIPIENT. If this Agreement is terminated by the CITY as provided herein, the CITY shall pay the SUBRECIPIENT for (i) allowable services performed under this Agreement or already scheduled to be performed and for which participants have MOM 255?X6-M56031 Page 3 of 9 registered and (ii) all tion -cancelable obligations for the term of' the Agreement, which may include all appointments ofstaffIncun-ed prior to the effective date of the termination. 5.3 Termination for Convenience of the SUBRECIPIENT; At any time during the term of this Agreement, the SUBRECIPIENT may, at its option and for any reason, terminate this Agreement upon given at least ten (10) working days written notice to the CITY. Upon termination, the SUBRECIPIENT shall be paid for services rendered pursuant to this Agreement through and including the date of termination, ARTICLE VI RECORDS AND REPORTS 6.1 The SUBRECIPIENT agrees to maintain and produce all business records related to use of the subaward grant funds and related business expenditures from the time of grant closeout for a period of three (3) years. 6.2 The SUBRECIPIENT agrees to submit upon request other documentation which may later be determined necessary to assure compliance with this Agreement. ARTICLE VII PROGRAM INCOME The SUBRECIPIENT agrees to expend ARPA funds for the purpose outlined in Article I of this Agreement. Program Income rules are not applicable to this Agreement. ARTICLE VIII PUBLICITY The SUBRECIPIENT shall ensure that all publicity, public relations, advertisements and signs, recognize the CITY and the ARPA Program for the support of all contracted activities. The use of the official CITY logo is permissible, but all signs used to publicize CITY contracted activities must be approved by the CITY prior to bei rig posted. ARTICLE IX GENERAL CONDITIONS 9.1 Federal Office of Management and Budget Requirements: The SUBRECIPIENT shall comply with requirements established by the Federal Office of Management and Budget (OVIB) concerning the Dun and Bradstreet Data Universal Numbering System (DUNS) and System far Award Management (SAM) database, as set forth on 2 CFR Part 200, and the Federal Accountability and Transparency Act, as set forth at 2 CFR Part 170, 9.2 Federal, State, County and CITY Laws and Regulations: The SUBRECIPIENT shali comply with applicable provisions of applicable federal, state, County, and CITY !aws, regulations and rules, inciuding 2 CFR part 200, subpart E, OMB A-21, 2 CFR part 200, subpart F. The SUBRECIPIENT shall comply with Section 504 of the Rehabilitation Act of 1973, as amended, which prohibits discrimination on the basis of handicap; Title VI of the Civil 100496 1 55 7 306-9005603) Page 4 of 9 Rights Act of 1964, as amended, which prohibits discrimination on the basis of race, color, or national origin; the Age Discrimination Act of 1975, as amended, which prohibits discrimination on the basis of age; Title VIII of the Civil Rights Act of 1968, as amended, and Executive Order 11863 which prohibits discrimination in housing on the basis of race, color, religion, sex, or national origin; and Executive Order 11246, as amended which requires equal employment opportunity; and with the Conservation Act (Pub.L 94-153) which requires mandatory standards and policies relating to energy efficiency. The SUBRECIPIENT shall report its compliance with Section 504 of the Rehabilitation Act whenever so requested by the CITY, The SUBRECIPIENT shall comply with ail applicable requirements of the Americans with Disabilities Act (ADA) of 1990, including, but not limited to, those provisions pertaining to employment, program services, transportation, communications, access to facilities, renovations, and new construction. 9.3 Other PrQg ram Rea uIremen ts: The SUBRECIPIENT shaft comply with ail federal laws and regulations pertaining to 31 CFR 35.6, the Treasury Department Interim Final Rule, with amendments, effective April 1, 2022 and Treasury Department CSLFRF Frequently Asked Questions and Treasury Department CSLFRiF Compliance and Reporting Guidance, as the same may be updated from time to time. 9.4 Opportunities for Residents and Civil Rights Compliance: The SUBRECIPIENT agrees that no person shall on the grounds of race, color, national origin, religion, or sex be excluded from the benefits of, or be subjected to, discrimination under any activity carried out by the performance of this Agreement. SUBRECIPIENT shall endeavor, In good faith to include lower-income residents of the project areas in the funded programs. 9.5 Evaluation and Monitoring: The SUBRECIPIENT agrees that the CITY will carry out periodic monitoring and evaluation activities as determined necessary and that the continuation and/or renewal of this Agreement is dependent upon satisfactory evaluation conclusions. Such evaluations will be based on the terms of this Agreement, comparisons of planned versus actual progress relating to activity scheduling, budgets, audit reports, and output measures. The SUBRECIPIENT agrees to furnish upon request to the CiTY and make copies of transcriptions of such records and information as is determined necessary by the CITY. The SUBRECIPIENT shall submit on a schedule set by the CITY and at other times upon request, information and status reports required by the CITY to enable the evaluation of said progress and to allow for completion of reports required of the CITY by the Treasury. The SUBRECIPIENT shall allow the CITY or the Treasury to monitor its agency on site. Such site visits may be scheduled or unscheduled as determined by the CITY or the Treasury- Ongoing monitoring of the SUBRECIPIENT will be done through quarterly reporting from the SUBRECIPIENT to the City. Reporting requirements will be based upon the SUBRECIPIENT'S risk assessment and in compliance with the CSLFRF Compliance and Reporting Guidance and Uniform Guidance 2 CFR Part 200. Monitoring will include identification of deficiencies in meeting stated requirements in Article II of this agreement and follow-up to ensure appropriate remediation. 9.6 Audits: Any non-federal agency and/or non-profit organization that expend $750,000 or more annually in federal awards shall have a single or program specific audit conducted accordance with 2 CFR 200, Subpart F Non-federal agencies and/or nonprofit organizalions that expend less than $750,000 annually in federal awards shall be exempt from an audit conducted in accordance with 2 CFR 200, Subpart F. although their records !004%155? Safi -9905843) Page 5 of 9 must be available for review, These agencies are required by the CITY to submit "reduced scope" audits (e.g., financial audits, performance audits). Each audit shall cover a time period of not more than 12 months and an audit shall be submitted covering each assisted period until all the assistance received from this agreement has been reported on. A copy of the latest audit report must be provided to the CITY promptly following its request. The SUBRECIPIENT shall maintain all records in accordance with generally accepted accounting principles, procedures, and practices which shall sufficiently and properly reflect all revenues and expenditures of funds provided directly or indirectly by the CITY pursuant to the terms of this agreement. 9.7 Uniform Administrative Requiremenls The SUBRECIPIENT agrees to maintain books, records and documents in accordance with accounting procedures and practices which sufficiently and properly reflect all expenditures of funds provided by the CITY under this Agreement. The SUBRECIPIENT is required to comply with the following uniform administrative requirements: a. Specific provisions of the uniform administrative requirements of 2 CFR 200, Subpart E — Cost Principles b. OMB 2021 Compliance Supplement Addendum Final V2 (Audit Requirements). c. Applicable provisions of 31 CFR 35.6. 9.8 Lobbying Prohibition: The SUBRECIPIENT shall certify that no federal appropriated funds have been paid or will be paid, by or on behalf of the undersigned, in violation of law, to any person for influencing or attempting to influence an officer or employee of any agency, a Member of Congress, an officer or employee of Congress, or an employee of a Member of Congress in connection with the awarding of any federal Agreement, the making of any federal grant, the making of any federal loan, the entering into of any cooperative Agreement, and the extension, continuation, renewal, amendment, or modification of any federal Agreement, grant, loan, or cooperative Agreement. The SUBRECIPIENT shall disclose to the CITY if any funds other than federal appropriated funds have been paid or will be paid to any person for influencing or attempting to influence an officer or employee of any agency, a Member of Congress, an officer or employee of Congress, or an employee of a Member of Congress in connection with this federal Agreement. 9.9 Insurance: The SUBRECIPIENT shall furnish to the CITY, c/o the ARPA Project Manager, certificate(s) of current self-insurance coverage. 9.10 Property: All real property purchased in whole or in part with funds from this agreement with the CITY, or transferred to the SUBRECIPIENT after being purchased in whole or in part with funds from the CITY, shall be listed in the property records of the SUBRECIPIENT and shall include a legal description, size, date of acquisition, value at time of acquisition, present market value, present condition, address or location, owner's name if different from the SUBRECIPIENT, information on the transfer or disposition of the property, and map. The property records shalt describe the programmatic purpose for which the property was acquired and identify the ARPA national objective that will be met. If the property was improved, the records shall describe the programmatic purpose for which the improvements were made and identify the ARPA national objective that will be met. W49615s2 XJAWSsos) Page 6 of 9 All nonexpendable personal property purchased in whole or in part with funds from this agreement with the CITY shall be listed in the property records of the SUBRECIPIENT and shall include a description of the property, location, model number, manufacturer's serial number, date of acquisition, funding source, unit cost at the time of acquisition, present market value, property inventory number, information on its condition, and information on transfer, replacement, or disposition of the property. The SUBRECIPIENT shall obtain prior written approval from the CITY for the disposition of real property, expendable persona[ property, and nonexpendable personal property purchased in whole or in part with funds given to the SUBRECIPIENT pursuant to the terms of this agreement. The SUBRECIPIENT shall dispose of all such property in accordance with instructions from the CITY. Those instructions may require the return of all such property to the CITY. The parties acknowledge and agree that this Agreement does not include or contemplate the SUBRECIPIENT's purchase of Property and this Section 9.11 and Section 9.12 do not apply. 9.12 Reversion of Assets: The SUBRECIPIENT shall return to the CITY, upon expiration or termination of this Agreement, all the assets owned or held as a result of this Agreement, including, but not limited to any funds on hand, any accounts receivable attributable to these funds, mortgages, notes, and other collateral and any overpayments due to unearned funds or costs disallowed pursuant to the terms of this Agreement that were disbursed to the SUBRECIPIENT by the CITY. The SUBRECIPIENT shall within 35 days of expiration or termination of this Agreement execute any and all documents as required by the CITY to effectuate the reversion of assets. Any funds not earned, as described and provided for in 2 CFR 200, Subpart E, by the SUBRECIPIENT prior to the expiration or termination of this Agreement shall be retained by the CITY. 9.93 Conflicts with A)piicable Laws: If any provision of this agreement conflicts with any applicable law or regulation, only the conflicting provision shall be deemed by the parties hereto to be modified to be consistent with the law or regulation or to be deleted if modification is impossible. However, the obligations under this agreement, as modified, shall continue and all other provisions of this agreement shall remain in full force and effect, 9.14 Renegotiation or Modification; Modifications of provisions of the agreement shall be valid only when in writing and signed by duly authorized representatives of each party. The parties agree to renegotiate this agreement if the CITY determines, in its sole and absolute discretion, that federal, State and/or CITY rev! sions of any applicable laws or regulations, or increases or decreases in budget allocations make changes in this agreement necessary. 9.15 Ri ht to Waive; The CITY may, for good and sufficient cause, as determined by the CITY in its sole and absolute discretion, waive provisions in this agreement or seek to obtain such waiver from the appropriate authority. Waiver requests from the SUBRECIPIENT shall be in writing, Any waiver shall not be construed to be a modification of this agreement. 9.15 Disputes: In the event an unresolved dispute exists between the SUBRECIPIENT and the CITY, the CITY shall refer the questions, including the views of all interested parties 4N4961552W6- 4 5503, Page 7 of 9 and the recommendation of the CITY, to the City Manager for determination. The City Manager, or an authorized representative, will issue a determination within 30 calendar days of receipt and so advise the CITY and the SUBRECIPIENT, or in the event additional time is necessary, the CITY will notify the SUBRECIPIENT within the 30 -day period that additional time is necessary. The SUBRECIPIENT agrees that the City Manager's determination shall be the final decision of the CITY. 9.17 Liability: Each party will be responsible for its negligent acts or omissions, and the negligent acts or omissions of its officers, employees, servants, and agents when acting within the scope of their employment or agency, and agrees to be liable for any damage or injury resulting from said negligent acts or omissions, subject to the limitations provided under Section 768.28 of the Florida Statutes. Nothing contained herein, or in any term or condition contained within this Agreement shall be construed or interpreted as (1) denying to any party any remedy or defense available to such party under the laws of the State of Florida; (2) consent by either party to be sued except as authorized under Section 758.28 of the Florida Statutes; (3) a waiver of sovereign immunity by either party or their affiliates, the State of Florida or any of their respective officers, employees, servants, agents, agencies, political subdivisions, or public bodies corporate beyond the waiver provided in Section 768.28, Florida Statues; or (4) constituting a hold harmless agreement on the part of either party. 9.18 Public Records: SUBRECIPIENT shall comply with all public records laws in accordance with Chapter 119, Fla. Stat. in accordance with state law, SUBRECIPIENT agrees to: a) Keep and maintain all records that ordinarily and necessarily would be required by the CITY. b] Provide the public with access to public records on the same terms and conditions that the CITY would provide for the records and at a cost that does not exceed the costs provided in Chapter 119, Fla. Stat, or as otherwise provided by law. C) Ensure that public records that are exempt or confidential and exempt from public records disclosure are not disclosed except as authorized by law. d) Meet all requirements for retaining public records and transfer, at no cost, to the CITY all records in possession of the SUBRECIPIENT at the termination of the contract and destroy any public records that are exempt or confidential and exempt frorn public records disclosure requirements. All records stored electronically must be provided to the CITY in a format that is compatible with the information technology systems of the CITY. All records shall be transferred to the CITY prior to final payment being made to the SUBRECIPIENT. SUBRECIPIENT may retain copies of all such records for purposes of complying with its records retention policy. e) If SUBRECIPIENT does not comply with this section, the CITY shall enforce the contract provisions in accordance with the contract and may unilaterally cancel this contract in accordance with state law. 9.19 Inspector General: SUBRECIPIENT is aware that the Inspector General of Palm Beach County has the authority to investigate and audit matters relating to the negotiation and performance of this Agreement and may demand and obtain records and testimony from SUBRECIPIENT. SUBRECIPIENT understands and agrees that in addition to all other remedies and consequences provided by law, the failure of SUBRECIPIENT to fully cooperate with the (0019,1552 3%-9905,503) Page 8 of 9 Inspector General when requested may be deemed by the CITY to be a material breach of tNs Agreement. 1N WITNESS OF THE FOREGOING, the parties have set their hands and seals on this day of2022. WITNESSES -))t )t Print. Print •`��,„���. [• C �, [ �� STATE OF FLORIDA COUNTY OF PALM BEACH The Florida Atlantic University Board of Trustees By: Miriam Campo, Assistant Vice President for Research The foregoing instrument was acknowledged before me this l6 day of rrmeati , 20 2Z, by IqA�- otn nm Qo Personally Known _,Y,_ OR Produced Identification ` Type of Identification Produced Seal AVIS P. COMAN =u ¢ Notary Public . State of Florida e Comrnissian # GG 921692 "IFFY My Comm. Expires 10-09-2023 %rry yBended Through American Association of Nolarrea ATTEST: c r OW Clerk NOT RY PUBLIC WAWM�D— Signature AVIS '�. 6- r Print CITY OF BOYNTON BEAC , FLORIDA By: Mayor App74t orm: City Attorney {004gstss.2306-"o"031 Page 9 of 9 i„�.�•. "r •r C �a'!•..�li�s,•Jsba,. •'S.r=li.k.'=.�_y R r 4y 3 •S S: .. ei'�in• r. i. .�.'. �i• City of Boynton Seam ARRA Subrecipient Subaward Agreement for Coronavirus State and Local Fiscal Recovery Funds ATTACHMENT "A" - SCOPE OF SERVICES Project Name: ARPA SMALL BUSINESS TECHNICAL ASSISTANCE PROGRAM ARPA Funding Priority: Economic Stability and Resilience Project Location: Florida Atlantic University 901. Nw 35th Street Boca Raton, FL 33431 Project Manager: Jessica Beaver, Assistant Director Company: The Florlda Atlantic University Board of Trustees / FAU Tech Runway Tax ID Number: 65-0385507 Contact fume: Miriam Cam po, Assistant Vice President for Research Contact Email: camptim@fiu.edu Contact Mailing 777 Glades Road Address: Building ME -104, Room 314 Boca Raton, Florida 33431 Project Description To provide local Boynton Beach entrepreneurs and small business owners, who have been economically impacted by the COVID-19 pandemic, access to personalized training programs that will help individuals build a business or grow an existing business. FA Tech Runway has a vast network of resources and access to experts that can help entrepreneurs take that next step and develop their business and/or assist existing business owners with expanding/refining their operations to grow their business and adapt to the pandemic recovery. Eligibility Re uirements • Business/potential business must be a for-profit business. ■ Business/potential business must be located within the city limits of the City of Boynton Beach. ■ Entrepreneur/small business must have experienced a negative economic impact due to the COViD-19 pandemic and be able to demonstrate this with documentation of at least one of the following: • Businesses facing financial insecurity (substantial declines in gross receipts of 24% or more); or • Businesses with less access to credit [low credit score or previous loan rejection]; or • Businesses serving disadvantaged communities. _Market Validation Program (MVPs The Market Validation Program is a customer discovery program that challenges participants to define their product market fit by talking to customers. Participation in MVP will help entrepreneurs clearly communicate the following: what is your product, who is your customer and why do they care? This is accomplished through a 4 -week program where entrepreneurs talk to potential customers to uncover pain points, challenges, and needs. The program consists of a kickoff workshop (in person), two office hour check -ins (30 minutes each, can be virtual) and a finale presentation (in person). A total of 25 customer discovery interviews will be conducted throughout the program as well as weekly presentations. After completing this program, participants will be able to: • Identify or validate unmet market needs • Discover your product market fit (i.e. who is your customer and what needs are you fulfilling) • Refine your business thesis and value proposition ■ Identify gaps and assumptions in your business model canvas • De -risk your company/startup by conducting customer discovery interviews ■ Gather qualitative data which can be used in future pitches/meetings/company pivots • Search for grant funding mechanisms • Obtain a free consultation with a Small Business Development Center (SBDC) consultant • Build a network of potential early adopters/partners/customers • Learn about FAU Tech Runway, ACE Business Plan Competition, ACE Entrepreneurial Bootcamp, FAU Wave, and 5BDC at FAU Cost: $100/participant Entrepreneurship Boot Camp The Entrepreneurship Boot Camp will provide a comprehensive and systematic approach to starting and growing a business. individuals can begin this program at any phase in their business development. This is an intensive 8 -week certificate program that will be administered through a 3 -hour class once a week. Participants will also receive access to mentors for business support. All participants will receive a Florida Atlantic University Certificate upon satisfactory completion of all sessions. This program is designed to develop a thorough understanding of the following: ■ How to deliver value to your customer • How to validate an effective business model ■ How to write an effective business plan • How to pitch a plan to investors • How to determine sales methods and how to project sales revenues and expenses ■ How to find seed funding for your new venture • Discover the most effective research tools available, from using databases in researching competition to understanding customer segments ■ How to create a valuable marketing plan ■ How to gain investor attention from family and friends, crowdsourcing, SBA, and institutional funding. Cost: 5500/participant Deliverables: Metrics: the number of attendees. (Metrics/Outcomes) Outcome: 80% overall graduation of individuals from the programs. Payment Terms: Fixed Priced. Payment on quarterly basis when provided proof of registration and proof of eligibility for participating individual. All quarterly reports and corresponding eligible expenditure documentation must be provided to the ABPA Project Manager at leieunec@bbfl.us no later than 4:00 am on the 15`h day of the month following each quarter, until project is Closed Out by the City. (See Quarterly Reporting Schedule below). The City will make payment within thirty (30) days of receipt of the required registration and invoice. The Subrecipient will be notified in writing by the ABPA Project Manager of any expenditures that are deemed non -eligible. All other terms of this ARPA Project Timeline: Project Start Date: Upon receipt of funding. Project End Date: At Project Close Out by the City, and no later than December 15, 2024. Subrecipient must provide quarterly reports as indicated in the Quarterly Reporting Schedule below. Quarterly reports must include: ■ All ARPA funds received from the City for each quarter and total to date. • All ARPA funds expended for each quarter and total to date. • !Number of approved registrations for each program within quarter and total to date. • All eligibility documentation for each registrant approved.. ■ All metrics and outcomes for each quarter and total to date. Quarterly Reporting Schedule Report 1 Year Quarter Period Covered Due Date 1 2022 1 January 1— March 31 April 15, 2022 2 2022 2 April 1—June 30 July 31 July 15, 2022 3 2022 3 July 1— September 30 October 15, 2022 4 2022 4 October 1— december 31 January 15, 2023 5 2023 1 January 1— March 31 April 15, 2023 6 2023 2 April 1—June 30 July 31 July 15, 2023 7 2023 3 July 1— September 30 October 15, 2023 8 2023 4 October 1— December 31 January 15, 2024 9 2024 1 January 1-- March 31 April 15, 2024 10 2024 2 April 1— June 30 July 31 July 15, 2024 11 2024 3 July 1-- September 30 October 15, 2024 12 1 2024 4 October 1— December 31 January 15, 2025 BUDGET The funding will go directly to scholarships for eligible individuals to participate in one or both of FA U's Tech Runway training programs. The total cost to participate in both of FAU's programs is $600 per person, The cost to participate in the MVP only is $300 per person. The cost to participate in the Entreareneurshio Boot Camp only, is $500 per person. Total Cost of the Program: $60,000