AMERICAN RESCUE PLAN ACT CHILDCARE/WORKFORCE INFRASTRUCTURE LOAN AGREEMENT (22CC08)Loan Agreement • January 19th, 2023
Contract Type FiledJanuary 19th, 2023This Loan Agreement (“Agreement”) entered into this , 20222023, (“Effective Date”) by and between the City of Moline, Illinois, an Illinois municipal corporation and home rule unit of local government (“City”), and Two Rivers Young Mens Christian Association Inc., an Illinois not-for-profit corporation (“Business” or “Borrower”) operating a child care facility exempt from licensure at the Spirit, Mind and Body Center located at 1811 53rd Street, Moline, Illinois 61265 (“Facility”) (the City and Borrower are collectively referred to as the “Parties” and sometimes individually as a “Party”).