Common Contracts
1 similar Community Reinvestment Area Abatement Agreement contracts
EXHIBIT ACommunity Reinvestment Area Abatement Agreement • July 21st, 2015 • Ohio
This Community Reinvestment Area Abatement Agreement (“Agreement”) is made and entered between the CITY OF WORTHINGTON, a municipal corporation with its offices at 6550 North High Street, Worthington, Ohio 43085 (the “City”), and FC BANK, A DIVISION OF CNB BANK, a bank doing business under authority granted by the bank chartering authority of the State of Pennsylvania and making use of such fictitious name in Ohio, with its principal offices at One South State Street, Clearfield, Pennsylvania 16830 (“FC Bank”), (both collectively referred to herein as the “Parties”) and sets forth the complete understanding of the Parties as to the exemption of real property taxes on improvements made to the Property, defined below, pursuant to the City’s Community Reinvestment Area exemption program and Ohio Revised Code (“ORC”) §§3735.65 et seq. (the “CRA Exemption”).
