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21 - Resolution Terminating Paris Regional Medical Center Tax Abatement
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21 - Resolution Terminating Paris Regional Medical Center Tax Abatement
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X. r; <br />If the City 1 I f _ 1hat ! 1 M: 7 or entity 1abatement <br />according 1 the terms and conditions1itsagmernent,the city shall • #':thecompany <br />individual in writing at the address stated in the agreement, and if such deftit is not cured within <br />reasonable specifiedin such noticeI` 1 ti 1RthenThe aV=nentbe modified <br />or 1 1 1withoutfurther / n the event the companyor individual allows1:. <br />J !'RY♦ 111 'i'1w 1i. AIS# 1 1 if f1 <br />agreement and falls to cum during the Cure Period, the agreement then may be modified or <br />terminated ; fwithoutnotice,I 11*: agmenitntprovWt aI; 1. 11: recapture 1 <br />or pan of the taxes abated.any timebefore expiration, :I .1 abatement - J aro a <br />be Wininsted by mutual consent of all parties involved in the some marmw that the agreement <br />wu rl <br />XL ConfideaWty ofProprietaryit I I.: f++': <br />Information ffid is provided to a taxing unit in connection with an : 1' t 1 :,,1 1 1,s.. <br />ta dwervient under then Guidelines <br />acovIies to be conducted or the equipmad or other pmperty to be loca1W on the •f .1 1 <br />which tax abaterneal is sougbi is confidential and not subject to public disclosure until the <br />agreement is executed. Such inibrmation, in the custody of the City aftr the agreement is <br />,itecutedis not confidential/ .I <br />Proposed I I 1 I be deeldedan I Individual <br />The adoption {these Guidelina by the Citydoes I limit ! 1 "'kl 1. {IL ofthe City <br />C-Tuxcil1 ! r 1 ,. 1Aar tr iff { sp2-WaficA, f ": 1 i ll 'z +.' R I�Mit 11 1 'A1 f I <br />oftheCouncil City delegate, o employeesthe authority tdetermine or not 11 <br />City should coraider at :1'yr application1. request {' tax abaftnen%Orem any property, <br />co,nuart, or other legal rightin any person or enthy1 the City Council consider +r 1 grant <br />specified application or request for tax abatement. <br />•MMli. [ I.i "... <br />The agr=ment shall stipulate that employees andl or das4wited represcritativesofthe City <br />will have m 11'the ftinvestment4during 11 1I:. ♦theagreement1 11 1w 11 <br />AuthorizedFadfily1 deternflne1 lt1 conditions1 I agreementbeing met. AM <br />and wHI only be conducted in such a manner as to not unressmbly interhm With the <br />construction and/w 1/ .± : t 1 1 f..Authorized inspections made !:. one <br />Tr ME• II ,.R of Ae Or—a7elyor 1 • ♦O M! ix qacxV-f-n--)A ;--0, <br />Uponcompletion F. construction,shallCityannually '1'1 1 • R <br />
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