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Home My WebLink AboutAG 20-825 - MS Media Group CorpT TO: Tim Johnson EXT: 2412 CITY OF FEDERAL WAY LAW DEPARTMENT ROUTING FORM ORIGINATING DEPT./DIV: ECONOMIC DEVELOPMENT ORIGINATING STAFF PERSON:, TIM JOHNSON µ EXT: 2412 1 DATE REQ. BY. ASAP TYPE OF DOCUMENT (CHECK ONE): ❑ CONTRACTOR SELECTION DOCUMENT (E.G., RFB, REP, Q) ❑ PUBLIC WORKS CONTRACT 0 SMALL OR LIMITED PUBLIC WORKS CONTRACT ❑ PROFESSIONAL SERVICE AGREEMENT ❑ MAINTENANCE AGREEMENT ❑ GOODS AND SERVICE AGREEMENT ❑ HUMAN SERVICES/ CDBG ❑ REAL ESTATE DOCUMENT ❑ SECURITY DOCUMENT (E.G. BOND RELATED DOCUMENTS) ❑ ORDINANCE ❑ RESOLUTION ❑ CONTRACT AMENDMENT (AG#): ❑ INTERLOCAL X OTHER CARES ACT FUNIS BUSINESS SUPPORT GRANT AGREEMENT PROJECT NAME- C ARES ACT [IRAN �QUND 2 NAME OF CONTRACTOR: MS MEDIAGRO CORP ADDRESS: 33110 PACIFIC HWY S##8, FEDERALWAY WA 98003 TELEPHONE: (253) 838-8380 E-MAIL: S@MHANKOOK.COM SIGNAT NAME: CHAEYONG PAK TITLE: SEE ACHED EXHIBITS AND ATTACHMENTS: ❑ SCOPE, WORK OR SERVICES El COMPENSATION ❑ INSURANCEREQUIREMENTS/CERTIFICATE ❑ ALL OTHER REFERENCED EXHIBITS ❑ PROOF OF AUTHORITY TO SIGN ❑ REQUIRED LICENSES ❑ PRIOR CONTRACT/AlMENDMENTS TE COMMENCEMENT DATE: Pe SEE ATTACHED AGREEMENT _cam COMPLETION DATE: TOTAL COMPENSATION $ (INCLUDE EXPENSES AND SALES TAX, IF ANY) ONE THOUSAND AND NO/I00 (S (IF CALCULATED ON HOURLY LABOR CHARGE - ATTACH SCHEDULES OF EMPLOYEES TITLES AND HOLIDAY TES) REIMBURSABLE EXPENSE: ❑ YES X NO IF YES, MAXIMUM DOLLARAMOUNT: $ rvm IS SALES TAX OWED ❑ YES X NO IF YES, $__ PAID BY. ❑ CONTRACTOR ❑ CITY RETAINAGE: RETAINAGEAMOUNT: m ❑ RETAINAGE AGREEMENT (SEE CONTRACT) OR ❑ RETAINAGE BOND PROVIDE ❑ PURCHASING: PLEASE CHARGE TO: w 001-1800-990-518-10-490 Project Code #267662-25060 0. DOCUMENT/CONTRACT REVIEW INITIAL/ DATE REVIEWED INITIAL / DATE APPROVED ❑P JECT MANAGER RIECTOR ❑ RISKMANAGEMENT (IF APPLICABLE) - ❑ LAW 1.- COUNCIL A (IF APPLICABLE) SCHEDULED COMMITTEE BATE: COMMITTEE APPROVAL DATE: SCHEDULED COUNCIL DATE COUNCIL APPROVAL BATE: 2. CONTRACT SIG ATROUTING ❑ SENT TO VENDORJCONTRACTOR DATE SENT: DATE C'D ❑ ATTACH: SIGNATURE AUTHORITY, INSURANCE CERTIFICATE, LICENSES, EXHIBITS ❑ CREATE ELECTRONIC REMINDER/NOTIFICATION FOR I MONTH PRIOR TO EXPIRATION DATE (Include dept. support staff if necessary and feel free to set notification more than a month in advance if council approval is needed.) INITIAL/DATE SIGN -ED ❑ LAW DEPARTMENT eATORI, (MAYOR OR DIRECTOR) Y CLE ❑ ASSIGNED AG# AG# ;OMME S: i1202o CITY OF FOtlet�al VVOY CITY HALL 33325 8th Avenue South Federal Way, WA 98003-6325 (253) 835-7000 www cityoffedetaiway coo CARES ACT FUNDS BUSINESS SUPPORT GRANT AGREEMENT WITH IFS This Grant Agreement ("Agreement") is made between the City of Federal Way, a Washington municipal corporation ("City"), and MS Media Grouup Corp, a Washington corporation ("Grantee"). The City and Grantee (together "Parties") are located and do business at the below addresses which shall be valid for any notice required under this Agreement: adsa,mhankook.com Ade Ariwoola 33325 8th Ave. S. Federal Way, WA 98003-6325 (253) 835-2414 (telephone) (253) 835-2509 (facsimile) 1. TERM. This agreement contemplates a one-time grant of funds to the Grantee under the conditions described herein. 2. CONDITIONS OF GRANT. 2.1 Warranties: The Grantee warrants the following, is are pre -requisites for grant eligibility: a) Grantee operates a business physically located within the political boundaries of the City of Federal Way-, b) Grantee maintains a current City of Federal Way business license; c) Grantee has paid all taxes and government fees due up to the date of execution of this grant agreement; d) Grantee's business employees no more than the equivalent of ten (10) full-time employees (20,800 man-hours total for all employees per year); e) Grantee's net revenues do not exceed more than $1.5 million per year; f) Grantee does not operate as a tax-exempt business as defined by the Internal Revenue Service; g) Due to COVID-19, Grantee business (check all thataply), Was required by state or local order to close Was forced to lay off employees due to reduced patronage Incurred over $1,000 in COVID-19 related expenses E] Experienced 10-50% lost revenue Q Experienced over 50% lost revenue 4' PTY OF 4% e F6d ra I V�oy CITY HALL 33325 8th -AvenUe South Federal Way WA 98003-6325 (253) 835-7000 wlvw cityOffederalway Coln 2.2 Use of Funds: Grantee affirms that grant funds will be used for the following purposes: a) Mortgage or Rent b) Personal Protection Equipment c) Insurance d) Utilities e) Marketing f) Payroll Grantee agrees to retain receipts documenting use of grant funds and will provide them to the City or its designee upon request. 3. TERMINATION. Should any of the conditions described in section 2.1 above, not be met, the City may recover all disbursed grant funds and terminate this agreement. 4.1 Amount. In order to promote healthy economic activity in the City and in response to the losses Grantee has incurred due to the COVID- 19 pandemic, the City shall provide a grant to the Grantee in an amount not to exceed One Thousand and NO/100 Dollars ($1,000.00). 4.2 Non-ApDrooriation of Funds. If sufficient funds are not appropriated or allocated for payment under this Agreement for any fiscal period, the City will not be obligated to make payments under this agreement. WEENINW99MOM Im a, 5.1 Grantee Indemnification. The Grantee agrees to release, indemnify, defend, and hold the City, its elected officials, officers, employees, agents, representatives, insurers, attorneys, and volunteers harmless from any and all claims, demands, actions, suits, causes of action, arbitrations, mediations, proceedings, judgments, awards, injuries, damages, liabilities, taxes, losses, fines, fees, penalties expenses, attomey's fees, costs, and/or litigation expenses to or by any and all persons or entities, including, without limitation, their respective agents, licensees, or representatives, arising from, resulting from, or in connection with this Agreement or the performance of this Agreement, except for that portion of the claims caused by the City's sole negligence. Should a court of competent jurisdiction determine that this Agreement is subject to RCW 4.24.115, then, in the event of liability for damages arising out of bodily injury to persons or damages to property caused by or resulting from the concurrent negligence of the Grantee and the City, the Grantee's liability hereunder shall be only to the extent of the Grantee's negligence. Grantee shall ensure that each sub -Grantee shall agree to defend and indemnify the City, its elected officials, officers, employees, agents, representatives, insurers, attorneys, and volunteers to the extent and on the same terms and conditions as the Grantee pursuant to this paragraph. The City's inspection or acceptance of any of Grantee's work when completed shall not be grounds to avoid any of these covenants of indemnification. 5.2 Industrial Insurance Act Waiver. It is specifically and expressly understood that the Grantee waives any immunity that may be granted to it under the Washington State industrial insurance act, Title 51 RCW, solely for the purposes of this indemnification. Grantee's indemnification shall not be limited in any way by any limitation on the amount of damages, compensation or benefits payable to or by any third party under CITY OF A% P6deml Voy CFTY HALL 33325 Sth Avenue SOUth Federal Way. VVA 98003-6325 (253) 835-7000 wim cRyoffederalwa1v coin workers' compensation acts, disability benefit acts or any other benefits acts or programs. The Par -ties further acknowledge that they have mutually negotiated this waiver. 5.3 Q�Lyjudgmnificqtian. The City agrees to release, indemnify, defend and hold the Grantee, its officers, directors, shareholders, partners, employees, agents, representatives, and subcontractors harmless from any and all claims, demands, actions, suits, causes of action, arbitrations, mediations, proceedings, judgments, awards, injuries, damages, liabilities, losses, fines, fees, penalties expenses, attorney's fees, costs, and/or litigation expenses to or by any and all persons or entities, including without limitation, their respective agents, -'resentatives. arisin from, resultinL licem from or connected with this Aptreement to the extent solety caused by the negligent acts, errors, or omissions of the City. 5.4 Survival. The provisions of this Section shall survive the expiration or termination of this Agreement with respect to any event occurring prior to such expiration or termination. 6.1 hit�tgtlqn and Modification. This Agreement contains all of the agreements of the Parties with respect to any matter covered or mentioned in this Agreement and no prior statements or agreements, whether oral or written, shall be effective for any purpose. Any provision of this Agreement that is declared invalid, inoperative, null and void, or illegal shall in no way affect or invalidate any other provision hereof and such other provisions shall remain in full force and effect. No provision of this Agreement, including this provision, may be amended, waived, or modified except by written agreement signed by duly authorized representatives of the Parties. CITV OF Fdderal My CITY HALL 33325 Sth Avenue South Federal Way., WA 98003-6325 (253) 835-7000 www Wyoffeder alway coin 6.3 Execution. Each individual executing this Agreement on behalf of the City and Grantee represents and warrants that such individual is duly authorized to execute and deliver this Agreement. This Agreement magi be executed in ang number of counteQ-Karts each of which shall be deemed an ori I and with the same effect as if all Parties hereto had signed the same document. All such counterparts shall be construed together and shall constitute one instrument, but in making proof hereof it shall only be necessary to produce one such counterpart. The signature and acknowledgment pages from such counterparts may be assembled together to form a single instrument comprised of all pages of this Agreement and a complete set of all signature and acknowledgment pages. The date upon which the last of all of the Parties have executed a counterpart of this Agreement shall be the "date of mutual execution" hereof. INIIIIIIIIIN IIIIIIN-11 WIN III T DATE: By: Printed Narne: Title: DATE: 1 D — 13 — �-v 10/6/2020 Washington State Department of Revenue < Business Lookup License Information: New search Back to results Entity name: MS MEDIA GROUP CORP Business name: THE WOMANS NO 1 Entity type: Profit Corporation USX #: 603-239-073 Business ID; 001 Location ID: 0001 Location: Active Location address: 33110 PACIFIC HWY S STE 8 FEDERAL WAY WA 98003-6444 Mailing address: 31260 PACIFIC HWY S STE 6 FEDERAL WAY WA 98003-5448 Excise tax and reseller permit status: Click here Secretary of State status: Click here Endorsements Endorsements held at this location License# Count Details Status Expiration date First issuance dal Federal Way General Business Active Feb -28-2021 Feb -07-2020 Governing People S-M-y®fSftn. Governing people Title PAK, CHAE YONG Registered Trade Names Filter Registered trade names Status First issued KBSWA TV Active Dec -31-2018 KOREATOWN DAILY Active Feb -06-2020 MEDIA HANKOOK Active Mar -01-2013 METRO PCS Active Mar -10-2016 MS PRINTING Active Mar -10-2016 SPORTS SEOUL SEATTLE Active Feb -04-2013 SPORTS SEOUL USA Active Dec -31-2018 https://secure.dor.wa.gov/gteunauth/,/#36 1/2