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<br />policies that prohibit discrimination from occurring in the creation of Jobs on the basis of <br />race, creed, color, national origin, sex, disability or other characteristics for which <br />protection is granted under applicable local, state and federal anti-discrimination laws. <br />Section 3.07. Compliance with Laws. In connection with the activities under this <br />Agreement, Company and Tenant shall comply with all applicable laws, regulations and <br />ordinances. <br />ARTICLE IV <br />GRANT PAYMENTS FROM THE CITY <br /> <br />Section 4.01. Grant Payments. Subject to other terms and conditions of this <br />Agreement, the City will make Grant Payments to Company in the manner set forth in this <br />Article. <br />Section 4.02. Three-Year Payment Period. The City shall make up to three <br />annual Grant Payments to Company, each in an amount equal to the percentages of <br />Additional Property Taxes generated by the Business on the Land during each calendar <br />year immediately preceding the year a Grant Payment is paid as shown in the table below. <br />Year Performance Company eligible to receive Year in which Grant <br />Obligations/Conditions to be Grant Payment equal to the Payment is paid <br />Met following percentages of <br />Additional Property Taxes <br />2021 Start Improvements N/A N/A <br />2022 Complete Improvements and N/A* N/A <br />Added Personal Property and <br />meet other Performance <br />Conditions, e.g., Jobs, <br />Investment, etc. <br />2023 Meet Performance 25% N/A <br />Conditions, e.g., Jobs <br />2024 Meet Performance 50% 2023 Grant Payment (25%) <br />Conditions, e.g., Jobs, <br />Clean Green <br />Certification <br />2025 Meet Performance 25% 2024 Grant Payment (50%)** <br />Conditions, e.g., Jobs <br />2026 N/A N/A 2025 Grant Payment (25%)** <br /> <br /> <br /> <br />