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Resolution 09-30
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Resolution 09-30
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10/18/2016 1:46:14 PM
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(d) The Abatement may be modified only as agreed to in writing by the City <br /> and the Developer. <br /> 4. Approval of Tax Abatement Agreement. <br /> (a) The City Council hereby approves a Tax Abatement Agreement with the <br /> Developer providing for payment of the Abatement and the City's assistance for the <br /> Project in substantially the form submitted, and the Mayor and Clerk-Treasurer are <br /> hereby authorized and directed to execute the Tax Abatement Agreement on behalf of the <br /> City. <br /> (b) The approval hereby given to the Tax Abatement Agreement includes <br /> approval of such additional details therein as may be necessary and appropriate and such <br /> modifications thereof, deletions therefrom and additions thereto as may be necessary and <br /> appropriate and approved by the City officials authorized by this resolution to execute the <br /> Tax Abatement Agreement. The execution of the Tax Abatement Agreement by the <br /> appropriate officer or officers of the City shall be conclusive evidence of the approval of <br /> the Tax Abatement Agreement in accordance with the terms hereof. <br /> 2410619v2 3 <br />
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