AG 1998 09 21 - Laserfiche WebLink

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Section 2. State Incentives. The City and the County agree to assist P&S in obtaining any incentives, grants and programs that may be or become available from the State of North Carolina and shall "pass through" to the benefit of P&.S any incentives, grants and programs that the State of North Carolina provides to cities and counties for economic development purposes. Section 3. Validity of [ncentives. As stated in the Program, no change in the Program after the date hereof shall apply to the provisions of this Agrccment or to the capital equipment expansion. In the event one (1) or more lawsuits or other proceedings are brought against the City or County or the City or any City or County elected official challenging the legality of this Agreement or any portion thereof, then the City and County shall defend against any and all such lawsuits or other procccdings, including appealing any adverse judgment to. the appropriate Court. In the event that any of the incentives or other- agreements of the City or County are determined to be invalid, the city and County agrcc they will, to the extent permitted by !aw, to provide P&.S with incentives of substantially equal value pursuant to one (:[) or more replacement grant incentive programs. Section 4. Miscellaneous. 4.1 Notices. All notices, certificates or other communications required by or made pursuant to this Agreement shall be sufficiently given and shall be deemed given when delivered or mailed by registered or certified mail, postage prepaid or sent by telefacsimile (confirmed by the party providing notice) as follows: The City: The City of Concord P. O. Box 308. 26 Union Street, South Concord, North Carolina 28025 At-tn: City Manager Telefacsimile No.: (704) 786-7068 The County: Cabarrus County Governmental Center Post Office Box 707 Concord, North Carolina 28026-0707 Attention: County Hanager Facsimile No. (704) 788-8058