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07-09-2003 Council Agenda
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07-09-2003 Council Agenda
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8/21/2014 2:48:46 PM
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1539595v1 <br />6/12/03 <br />required reports within 14 days of the postmarked date of EDA's waming to <br />Developer, Developer agrees, in addition to any obligation Developer may have <br />to repay all or a portion of the Business Subsidy, to pay EDA a penalty of $100 <br />for each day the report is not filed until the report is filed, up to a maximum of <br />$1,000. <br />d. Developer agrees that if Developer acquires title to all or a portion of the <br />Development Property, Developer will cause the operation of one or more office <br />buildings to continue on the Development Property for a period of at least five years <br />after Developer .acquires title to all or a portion of the Development Property. <br />e. Developer represents and warrants to EDA that there are no other state or <br />local government agencies providing financial assistance to the project. <br />-4 <br />
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