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<br /> 7~6 -4- <br /> 84:0 <br /> in Part II shall be abated (the "Tax Abatement") for three <br /> ( 3) calendar years, provided that Parkview satisfies all of <br /> its obligations (subject to the force majeure provisions at <br /> Part V.A and the proration provisions at Part V.D) under <br /> this Agreement. <br /> For any improvements constructed, the three (3) years <br /> of Tax Abatement (the "Abatement Period") shall commence upon <br /> the improvements being entered upon the tax rolls and <br /> continuing until the third anniversary thereof; provided, <br /> however, that by written notice, Parkview may delay the <br /> commencement of the three year Abatement Period, it being <br /> understood, howeve r, 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 1 of each year of this Agreement, <br /> beginning in 1991, Parkview shall furnish to the City <br /> certified records supporting Parkview's request for tax <br />