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7.0. EDSR 03-08-2004
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7.0. EDSR 03-08-2004
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City Government
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EDSR
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3/8/2004
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0 if it does not receive the reports, it will mail the Developer a warning within one week of the <br /> required filing date. If within 14 days of the post marked date of the warning the reports are not <br /> made, the Developer agrees to pay to the City a penalty of$100 for each subsequent day until the <br /> report is filed up to a maximum of$1,000. <br /> (4) The Developer agrees to continue operations of the Project for at least five (5) <br /> years after the Benefit Date. <br /> (5) Other than the Tax Abatements, there are no other state or local government <br /> agencies providing financial assistance for the Project other than the City. <br /> Section 3.9 Duration of Abatement Program. The Tax Abatement Program shall exist <br /> for a period of up to twelve years beginning with real estate taxes payable in 2006 through 2017. <br /> The City shall apply the Tax Abatements received by the City to reimburse itself for the cost of <br /> the Tax Abatement Property. <br /> ID <br /> i <br /> 1623869v1 8 <br />
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