Reporting and Inspections. While this Agreement is in effect, annually within 60 days following the anniversary date of the Effective Date of this Agreement, the COMPANY will provide the following to COUNTY: a. Certification that it has complied with the terms of this Agreement, as applicable, including the provision of sufficient written information, records, and documents, to support its certification of compliance; and b. A report showing the timely number of jobs created and maintained as required by this Agreement for every year this requirement and Agreement is in effect. Such report shall be certified by a Certified Public Accountant at COMPANY’s expense, and signed by a legally authorized executive of the COMPANY; and c. Texas Workforce Commission quarterly reports further demonstrating that COMPANY met the employment and job creation targets for the preceding year when required; and d. Upon COUNTY’s request, any and all additional information reasonably necessary for the COUNTY to determine if the COMPANY has complied with its obligations pursuant to this Agreement; and e. Upon COUNTY’s request at least three (3) business days prior written notice, such reasonable access to the Property and its Improvements during regular business hours to inspect same to verify that COMPANY is complying with the terms of this Agreement.
Appears in 1 contract
Sources: Economic Development Agreement
Reporting and Inspections. (1) While this Agreement is in effect, annually within 60 days following the anniversary date of the Effective Date of this Agreement, the COMPANY will provide the following to COUNTYCITY:
a. Certification that it has complied with the terms of this Agreement, as applicable, including the provision of sufficient written information, records, and documents, to support its certification of compliance; and
b. A report showing the timely number of jobs created and maintained as required by this Agreement for every year this requirement and Agreement is in effect. Such report shall be certified by a Certified Public Accountant at COMPANY’s expense, and signed by a legally authorized executive of the COMPANY; and
c. Texas Workforce Commission quarterly reports further demonstrating that COMPANY met the employment and job creation targets for the preceding year when required; and
d. Upon COUNTYCITY’s request, any and all additional information reasonably necessary for the COUNTY City to determine if the COMPANY has complied with its obligations pursuant to this Agreement; and
e. Upon COUNTYCITY’s request at least three (3) business days prior written notice, such reasonable access to the Property and its Improvements during regular business hours to inspect same to verify that COMPANY is complying with the terms of this Agreement.
Appears in 1 contract
Sources: Economic Development Agreement