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<br /> 846 207 <br /> "" <br /> -4- <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, 1992, CTMC shall furnish to the <br /> City certified records supporting CTMC's request for tax <br /> abatement. These records shall pertain to CTMCls business <br /> activities for the 1991 calendar year. The City shall <br /> evaluate the information furnished, and shall have the <br /> right to request and receive from CTMC additional <br /> relevant information needed to help the City determine <br /> CTMC's compliance with this Agreement. <br /> B. At all times until the City's rights to declare default <br /> against CTMC have expired, the City shall have access to <br /> the Property and facilities of CTMC for the purpose of <br /> inspecting them to ensure that the improvements are <br /> constructed, maintained and used in accordance with the <br /> conditions of this Agreement. <br /> V. <br /> DEFAULT <br /> A. From and after the date hereof, and during the Abatement <br /> Period covered by this Agreement and for one hundred eighty <br />