Economic Development Incentive Agreement definition
Examples of Economic Development Incentive Agreement in a sentence
The purpose of this agenda item is to consider the approval of project ordinance amendment (POA-22-07), approval of the sale of real property price and terms and conditions located at ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇ (PIN 0666669612), and an Economic Development Incentive Agreement in an amount up to $750,000 for the CCL Label Inc.
This Promissory Note (the"Note") is given in accordance with that certain Economic Development Incentive Agreement executed by the City and the Operator, dated as of May 22, 2018 (the "Agreement").
On January 20, 2015, the City Council considered Business Terms proposed by Illumina for an Economic Development Incentive Agreement (EDIA) under which Illumina would move a portion of its operations to ▇▇▇▇▇▇ City and a Development Agreement (DA) under which BioMed Realty, Inc.
The motion carried by the following vote: 1 Lake County Board 11/18/2008 Title Joint Resolution approving and authorizing execution of an Economic Development Incentive Agreement between 18834 Grand Building Corp.
Approve Budget Amendment (BA-24-42), Project Ordinance Amendment (POA - 24-20), and Authorize the Town Manager to execute and administer an Economic Development Incentive Agreement in an amount of up to $253,250 for the proposed Aviator Brewing Company, Inc.
The word “Agreement” means this Economic Development Incentive Agreement, together with all exhibits attached hereto from time to time, if any.
Therefore, we are recommending that the City enter into an Economic Development Incentive Agreement to help close this gap.
This Agreement, together with the Tax Increment Reinvestment Zone No. Two Economic Development Agreement and Chapter 380 Economic Development Incentive Agreement, is the entire agreement of the Parties with respect to the tax abatements provided for hereunder.
If the grantee leaves the employment of the Company prior to the end of the Restriction Period, the Restricted Stock Grant shall terminate and the shares of Common Stock shall be returned immediately to the Company; provided that the Committee may, at the time of the grant, provide for the employment restriction to lapse with respect to a portion or portions of the Restricted Stock Grant at different times during the Restriction Period.
Governmental Perspective of Economic Development Incentive Agreement Provisions.