Res 2016-112/Project Texas 380 - Laserfiche WebLink

Home Browse Search

EXHIBIT "B" Form of Compliance Certificate CHAPTER 380 ECONOMIC DEVELOPMENT INCENTIVE AGREEMENT COMPLIANCE CERTIFICATE AND REQUEST FOR CHAPTER 380 GRANT PAYMENT From: [Company Name] ("Company") To: City of San Marcos ("City") Attn: City Manager 630 East Hopkins Street San Marcos, TX 78666 Report Date: Reporting Period: to (the "Reporting Period") The undersigned, on behalf of Company, hereby requests a Chapter 380 Payment pursuant to the terms of the Chapter 380 Economic Development Incentive Agreement dated as of , 2016, between the City and Company (the "Chapter 380 Agreement") (capitalized terms not otherwise defined in this Certificate have the meaning given to them in the Chapter 380 Agreement) for the Reporting Period and in support provides the following information: Personal Property Ad Valorem Tax Assessed Value: $ (Annual amount only.following 4`h Quarter) Personal Property Taxes Paid: $ (Annual amount only following 4th Quarter) Sales Taxes Revenues* for the Reporting Period: The amounts inserted above reflect the final calculations following the process described in this paragraph below. *The City will file such forms and applications with the Texas Comptroller of Public Accounts for purposes of receiving Confidential Sales and Use Tax Information Reports necessary to calculate Sales Tax Revenue each year. The City will provide Company with all copies of all monthly or other periodic reports it receives from the Comptroller, subject to any confidentiality requirements under applicable laws. To the extent complete information necessary to calculate Sales Tax Revenue is unavailable to the City and if Company is requesting a Chapter 380 Payment for Sales Tax Revenue, Company shall cooperate with the City to provide such information to which Company has access and the Parties will reconcile all data 19