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Res 2019-021/approving an addendum to the Chapter 380 economic development incentive agreement with Urban Mining Company and Urban Mining Development, LLC that provides a revised date by which the company shall begin operation of the business, provides f
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Res 2019-021/approving an addendum to the Chapter 380 economic development incentive agreement with Urban Mining Company and Urban Mining Development, LLC that provides a revised date by which the company shall begin operation of the business, provides f
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3/26/2019 10:51:13 AM
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2/5/2019 10:50:00 AM
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City Clerk - Document
Resolutions
City Clerk - Type
Agreement
Number
2019-21
Date
1/29/2019
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deduction include the amount of$285,000.00 due under Section 5.01 of the <br /> CIAC and the Incentive Repayment in the amount of$641,422.31 due under <br /> Section 5.03 of the CIAC. Any funds deducted from a Grant Payment <br /> related to the CIAC shall be applied toward reimbursement of funds <br /> expended by the City's Electric Utility Department. <br /> d. Exhibit F, Conceptual Master Plan, is replaced by the amended Exhibit F <br /> attached to this First Amendment and incorporated herein for all purposes. <br /> 2. All other terms and conditions of the 380 Agreement shall remain in full force and <br /> effect. <br /> 3. This First Amendment may be executed in multiple counterparts, each of which <br /> shall be considered an original, but all of which constitute one instrument, and facsimile or <br /> electronic (in PDF) copies of this Agreement and facsimile or electronic (in PDF) signatures to <br /> this Agreement shall be authorized and deemed effective. <br /> EXECUTED to be effective as of the Effective Date. <br /> [SIGNATURES ON FOLLOWING PAGES] <br />
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