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id w4 <br /> Section 3.9 Duration of Abatement Program. The Tax Abatement Program shall exist <br /> for a period of up to ten years beginning with real estate taxes payable in 2008 through 2022. On <br /> or before February 1 and August 1 of each year commencing August 1, 2008 to and including <br /> February 1, 2022 the City shall pay the Developer the amount of the Tax Abatements received <br /> by the City in the previous six month period. The City may terminate the Tax Abatement <br /> Program and this Agreement at an earlier date if an Event of Default occurs and the City rescinds <br /> or cancels this Agreement. <br /> • <br /> S <br /> 1797255v1 8 <br />