AG 1999 05 17 - Laserfiche WebLink

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(c) lnfo~,~ation from the Ci_ty or County. At the request of Mills, the City and/or the County, as the case may be, will endeavor in good faith and use its commercially reasonable efforts to furnish (or cause to be furnished) Mills with such other infom~ation as may be reasonably requested to verify compliance with the terms of this Agreement. The sales tax revenues out of which the City and the County shall pay Mills the quarterly installment amounts of the Grants shall be derived out of that portion of the sales tax revenues collected by the State of North Carolina fi-om the Project for such immediately preceding calendar quarter and remitted to the City and County in accordance with State Law, City Code, County Code and this Agreement. On or before the 75th day of each full calendar quarter (commencing on the Commencement Date) and thereafter throughout the term of this Agreement, the City and the County shall deliver to Mills a sworn affidavit by a duly authorized official of the City and a sworn affidavit by a duly authorized County official stating what the respective City sales tax revenues and County sales tax revenues were for the immediately preceding full calendar quarter. The quarterly installments of Ihe Grants shall be paid to Mills on or before 75-days after the expiration of the calendar quarter for which such quarterly installment is to be posted throughout the Term of this Agreement in accordance with the MOU. Upon reasonable request from Mills, the City and/or County, as the case may be, shall promptly provide to Mills such other information as Mills may request related to the Grant. SECTION 4: Future Expansion. Any expansion of the Project after the commencement of the five-year Grant period shall (provided the Programs are still in effect, respectively) be eligible for separate Grants under each of the Programs for a separate five-year Grant period beginning for such tax year as Mills shall elect by written notice to the City and County. Notwithstanding anything to the contrary contained in this 11