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2018-025 Tax Abatement Agreement with SpiralWeld
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2018-025 Tax Abatement Agreement with SpiralWeld
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Last modified
9/25/2018 11:46:32 AM
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9/25/2018 11:45:45 AM
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1 1 1 a '! 01-08-18) <br />part-timePOLICY STATEMENT <br />CRITERIA AND GUIDELINES FOR TAX ABATEMENT <br />part-tftne jobs added together require a total of 380 hours of work per week (butno such <br />I M b requires / �r hours� 1' , more ,. . ► i 1 w <br />0 <br />5) FTE jobs (3 80 hours divided by 40 bours per week equals 9.5). <br />output, updates the technology, or substantially lowers the unit cost of operation. <br />Modernization may result ftom the construction, alteration or installation of buildings, <br />structures, fixed machinery or equipment, but shall not be for the purpose of reconditioning, <br />refurb or defund maintenance. <br />t}f.►: ►, iF `:Machinery, <br />equipment, of shelving or materials iF' f applicable law for tax <br />abatement, ; i. be removed from a ! authorized <br />u,:l�" <br />1' U f ► "!I' !' r_ 1 ! "4� s: f '1' <br />i <br />11�1�f, M^'� !f fl:. ! 1-! � ♦': '". ! � � !y' M � ! ► �+l� f.� �-. c ' <br />0 <br />
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