Acquisition of Project. (a) The Company hereby agrees to construct and acquire the Project, and to use commercially reasonable efforts to expend during the Project Period, together with any Sponsor Affiliates, an aggregate investment of not less than $8,000,000 in the Project or the Facilities. (b) Each year during the term of the Agreement, the Company shall deliver to the County Auditor a copy of its most recent annual filings made with the Department with respect to the Project, not later than thirty (30) days following delivery thereof to the Department. (c) The Company shall cause a copy of this Agreement, as well as a copy of the completed form PT-443 of the Department, to be filed with the County Auditor, the County Assessor, the County Treasurer, and the Department within thirty (30) days after the date of execution and delivery hereof.
Appears in 2 contracts
Sources: Fee in Lieu of Tax Agreement, Fee in Lieu of Tax Agreement
Acquisition of Project.
(a) The Company hereby agrees to construct and acquire the Project, and to use commercially reasonable efforts to expend during the Project Periodinvest, together with any Sponsor Affiliates, an aggregate investment of not less than $8,000,000 10,000,000 in the Project or during the FacilitiesProject Period.
(b) Each year during the term of the Agreement, the Company shall deliver to the Clerk to County Auditor Council, County Auditor, County Treasurer, and County Assessor a copy of its most recent annual filings made with the Department with respect to the Project, not later than thirty (30) days following delivery thereof to the Department.
(c) The Company shall cause a copy of this Agreement, as well as a copy of the completed form PT-443 of the Department, to be filed with the County Auditor, the County Assessor, the County Treasurer, and the Department within thirty (30) days after the date of execution and delivery hereof.
Appears in 2 contracts
Sources: Fee in Lieu of Tax Agreement, Fee in Lieu of Tax Agreement
Acquisition of Project.
(a) The Company hereby agrees to construct and acquire the Project, and to use commercially reasonable efforts to expend during the Project Periodinvest, together with any Sponsor Affiliates, an aggregate investment of not less than $8,000,000 8,700,000 in the Project or during the FacilitiesProject Period.
(b) Each year during the term of the Agreement, the Company shall deliver to the County Auditor Auditor, the County Assessor, the County Treasurer, and the Clerk to County Council a copy of its most recent annual filings made with the Department with respect to the Project, not later than thirty (30) days following delivery thereof to the Department.
(c) The Company shall cause a copy of this Agreement, as well as a copy of the completed form PT-443 of the Department, to be filed with the County Auditor, the County Assessor, the County Treasurer, and the Department within thirty (30) days after the date of execution and delivery hereof.
Appears in 2 contracts
Sources: Fee in Lieu of Tax Agreement, Fee in Lieu of Tax Agreement
Acquisition of Project.
(a) The Company hereby agrees to construct and acquire the Project, and to use commercially reasonable efforts to expend during the Project Periodinvest, together with any Sponsor Affiliates, an aggregate investment of not less than $8,000,000 15,500,000 in the Project, and to create 29 new, full-time jobs with respect thereto, all during the Project or the FacilitiesPeriod.
(b) Each year during the term of the Agreement, the Company shall deliver to the County Auditor a copy of its most recent annual filings made with the Department with respect to the Project, not later than thirty (30) days following delivery thereof to the Department.
(c) The Company shall cause a copy of this Agreement, as well as a copy of the completed form PT-443 of the Department, to be filed with the County Auditor, the County Assessor, the County Treasurer, and the Department within thirty (30) days after the date of execution and delivery hereof.
Appears in 1 contract
Sources: Fee in Lieu of Tax Agreement
Acquisition of Project.
(a) The Company hereby agrees to construct and acquire the Project, and to use commercially reasonable efforts to expend during the Project Periodinvest, together with any Sponsor Affiliates, an aggregate investment of not less than $8,000,000 15,500,000 in the Project, and to create 29 new, full-time jobs with respect thereto, all during the Project or the FacilitiesPeriod.
(b) Each year during the term of the Agreement, the Company shall deliver to the County Auditor a copy of its most recent annual filings made with the Department with respect to the Project, not later than thirty (30) days following delivery thereof to the Department.
(c) The Company shall cause a copy of this Agreement, as well as a copy of the completed form PT-443 of the Department, to be filed with the County Auditor, the County Assessor, the County Treasurer, and the Department within thirty (30) days after the date of execution and delivery hereof.
Appears in 1 contract
Sources: Fee in Lieu of Tax Agreement