Laserfiche WebLink
<br /> -4- 826 Q f'I' <br /> U '.~ <br /> . J.. ' <br /> For any improvements constructed, the aforesaid five years <br /> of Tax Abatement (the IIAbatement Period") shall commence upon <br /> the improvements being entered upon the tax rolls and <br /> continuing until the fifth anniversary thereof; provided, <br /> however, that by written notice, Rohr may delay the <br /> commencement of the five-year Abatement Period, it being <br /> understood, however, that in no event will the Tax Abatement <br /> continue past December 31, 2000. <br />B. This tax abatement shall include all of the improvements <br /> described in part II, above, and any increase in the value of <br /> the real property over its value in the year this agreement is <br /> executed, for the abatement period provided in part III. A, <br /> above. The abatement, however, will not include the value of <br /> equipment and machinery, inventory, or any personal <br /> property. <br /> IV. <br /> RECORDS AND AUDITS <br />A. On or before February I of each year of this Agreement, <br /> beginning in 1991, Rohr shall furnish to the City certified <br /> records supporting Rohr's request for tax abatement for <br /> that year. These records shall pertain to Rohr's business <br /> activities for the respective preceding calendar year. The <br /> City shall evaluate the information furnished, and shall <br /> have the right to request and receive from Rohr <br /> additional relevant information needed to help the <br /> City determine Rohr's compliance with this Agreement. <br />