Agreement to Waive Requirement of Recapitulation. Pursuant to Section 12-44-55(B) of the Act, the County and the Sponsor agree to waive the requirement of including in this Fee Agreement the recapitulation information as set forth in Section 12-44-55(A) of the Act. If the Sponsor should be required to retroactively comply with the recapitulation requirements of Section 12-44-55 of the Act, then the County agrees, to the extent permitted by law, to waive all penalties of the County for the Sponsor’s noncompliance that are within the County’s control.
Appears in 8 contracts
Sources: Fee in Lieu of Ad Valorem Taxes and Special Source Revenue Credit Agreement, Fee in Lieu of Ad Valorem Taxes Agreement, Fee in Lieu of Ad Valorem Taxes Agreement