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Section 3.9 Duration of Abatement Pro am. The Tax Abatement Program shall exist <br />for a period of up to thirteen years beginning with real estate taxes payable in 2010 through <br />2022. On or before February 1 and August 1 of each year commencing February 1, 2010 until <br />the earlier of the date that the Developer shall have received the Reimbursement Amount or <br />August 1, 2022 the City shall pay the Developer the amount of the Tax Abatements received by <br />the City in the previous six month period. The City may terminate the Tax Abatement Program <br />and this Agreement at an earlier date if an Event of Default occurs and the City rescinds or <br />cancels this Agreement. <br />213891Ov2 <br />