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EXHIBIT "C" <br />Form of Compliance Certificate <br />CHAPTER 380 ECONOMIC DEVELOPMENT INCENTIVE AGREEMENT <br />ANNUAL COMPLIANCE CERTIFICATE <br />From: [Name of Owner] To: City of San Marcos <br />Attn: City Manager <br />630 East I lopkins Street <br />San Marcos, TX 78666 <br />Report Date: <br />Reporting Period: to <br />Real Property Improvements: <br />Sales Taxes:* <br />Base Year Sales Taxes Reporting Period Sales Added Sales Tax Value <br />Taxes <br />Taxes Paid <br />* The amounts inserted above reflect the final calculations following the process described in this paragraph below. <br />The City will file such forms and applications with the Texas Comptroller of Public Accounts for purposes of <br />receiving Confidential Sales and Use Tax Information Reports necessary to calculate Additional Sales Taxes each <br />year. The City will provide copies of all monthly or other periodic reports it receives from the Comptroller, subject <br />to any confidentiality requirements under applicable laws. To the extent complete information necessary to <br />calculate Additional Sales Taxes is unavailable to the City, the Owner shall cooperate with the City to provide such <br />information to which the Owner has access and the Parties will reconcile all data available in order to determine the <br />amount of Additional Sales Taxes generated for the reporting period. The City Manager may designate one or more <br />persons to act or receive information on the City's behalf under this paragraph. <br />Property Tax Portion of Grant Payment = % X Added Property <br />Taxes <br />Base Tax Year Value <br />Reporting Period Value <br />of all hnprovements <br />Added Property Tax <br />Value <br />Taxes Paid <br />Total <br />Sales Taxes:* <br />Base Year Sales Taxes Reporting Period Sales Added Sales Tax Value <br />Taxes <br />Taxes Paid <br />* The amounts inserted above reflect the final calculations following the process described in this paragraph below. <br />The City will file such forms and applications with the Texas Comptroller of Public Accounts for purposes of <br />receiving Confidential Sales and Use Tax Information Reports necessary to calculate Additional Sales Taxes each <br />year. The City will provide copies of all monthly or other periodic reports it receives from the Comptroller, subject <br />to any confidentiality requirements under applicable laws. To the extent complete information necessary to <br />calculate Additional Sales Taxes is unavailable to the City, the Owner shall cooperate with the City to provide such <br />information to which the Owner has access and the Parties will reconcile all data available in order to determine the <br />amount of Additional Sales Taxes generated for the reporting period. The City Manager may designate one or more <br />persons to act or receive information on the City's behalf under this paragraph. <br />Property Tax Portion of Grant Payment = % X Added Property <br />Taxes <br />Amount <br />Sales Tax Portion of Grant Payment = % X Added Sales Taxes <br />Amount <br />Total Grant Payment <br />Total <br />By signature of the authorized representative below, the Owner hereby certifies that it is in full compliance with the <br />Chapter 380 Economic Development incentive Agreement with the City of San Marcos dated July 7, 2015, except as <br />otherwise indicated. <br />Please explain any non - compliance with Agreement and reasons therefor and measures being taken to cure. <br />The City Manager may agree to an amendment to this form from time to time, provided such amended form shall be <br />