Economic Development Incentives. In consideration and as a material inducement for Company fulfilling its commitments hereunder and completing the Project, the City shall provide certain incentives as follows:
Economic Development Incentives. In consideration for Citimark fulfilling the Citimark Commitment, the City shall perform or cause to be performed the following:
Economic Development Incentives. In consideration for Developer fulfilling the Development Commitment and for RQAW fulfilling the Job Commitment, the City shall provide the following economic development incentives:
Economic Development Incentives. So long as the Company is not in default under this Agreement, the County shall provide the Company with the following economic development incentives:
Economic Development Incentives. In consideration and as a material inducement for Knowledge Services fulfilling the Development Commitment and Employment Commitment, the City, FRC and Corporation, as applicable, shall provide the following incentives:
Economic Development Incentives. The City agrees to provide to Developers, upon the terms and conditions set forth herein, the following sales tax rebates:
Economic Development Incentives. In consideration and as a material inducement for Corporation fulfilling the Employment Commitment, the City, FRC and Bldg. Corporation, as applicable, shall provide the Abatement and Development Incentive as follows:
Economic Development Incentives. In consideration and as a material inducement for thyssenkrupp fulfilling the Employment Commitment, the City shall provide the Development Incentive as follows:
Economic Development Incentives. 6.1 Landlord acknowledges that Txxxxxx is pursuing certain state and local tax and economic development incentives from the State of New York, the County of Nassau and the Nassau County Industrial Development Agency. Those incentives may include, but are not limited to, tax credits, cash grants, exemptions from sales tax and abatements from property taxes through a Payment in Lieu of Tax (“PILOT”). Landlord agrees that the receipt of these benefits was a material factor in Tenant’s decision to enter into this Lease. Landlord acknowledges that these benefits are to accrue to the Tenant alone for its sole benefit and use. Further, Landlord agrees to reasonably cooperate with Tenant in Tenant’s pursuit of such benefits (at no material cost to Landlord).
Economic Development Incentives. The City of Fort Xxxxxx is dedicated to creating opportunities for economic development through desirable business growth, expansion, and retention. By partnering with business owners, developers, and members of the community, a climate conducive to improving the quality of life in Fort Xxxxxx is fostered. A creative team of individuals to has been assembled to assist with economic development in the City of Fort Xxxxxx. This Economic Development (ED) Team consists of members from each city department including: the City Manager, City Clerk, Building Administrator, Senior Planner, Public Works Manager and Marketing Specialist. In addition to city staff, the ED Team includes representation from the Fort Xxxxxx Utilities Authority. The team acts as a liaison to guide developers and business owners. They assist interested parties in navigating the City's procedures to ensure the process is as streamlined and seamless as possible. The City of Fort Xxxxxx, by partnering with St. Lucie County’s Economic Development Council, has the ability to span a broad spectrum of public and private sectors, as well as organizations representing education, workforce training and other business and industry interests. The ultimate goal of this collaboration is the creation of higher‐paying jobs for residents, working to promote retention and expansion of existing businesses, and attracting new ones to our community. ECONOMIC DEVELOPMENT Multiple approaches are being utilized to incorporate economic development strategies within the City of Fort Xxxxxx. They include: Attracting new businesses by rebranding the City and revitalizing our image. Creating partnerships with St. Lucie County and the Economic Development Council. Enhancing communication with other municipalities and organizations to build awareness of our value. Developing incentive programs (ex: QTI Economic Development Incentive Package). Reaching out to businesses – inviting them to our community to experience what we have to offer firsthand. APPENDIX
