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AG 1998 11 16
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AG 1998 11 16
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Last modified
3/25/2002 6:09:44 PM
Creation date
11/27/2017 11:52:51 AM
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Template:
Meeting Minutes
Doc Type
Agenda
Meeting Minutes - Date
11/16/1998
Board
Board of Commissioners
Meeting Type
Regular
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Memorandum -2- November 2, 1998 <br /> <br />In the seventh paragraph on Page 1 after the term: "...the County" <br />ADD: "Town of Harrisburg" <br /> <br />· Section 1. Incentive Grants <br /> <br />Replace the first paragraph with: <br /> <br />"The County and Town shall, in accordance with and as provided by this Agreement, <br />agree to pay BSL incentive grants (each a "Grant" and collectively, the "Grants") <br />generally described in the Industrial Development Incentive Grant Programs <br />(collectively, the "Program") as previously approved by the Board of County <br />Commissioners and the Harrisburg Town Council, copies of which are attached hereto as <br />Exhibits C and __ The County and Town hereby confirm that the Board of County <br />Commissioners and Town Council have approved the application of the Program to the <br />Facility and have authorized the Grants and other terms of this Agreement. The County <br />and Town further confirm that this Agreement and applicable terms contained in the <br />attached description of the Program (Exhibits C and ) shall govern the application of <br />the Program to the Facility." <br /> <br />· Section 1. Incentive Grants <br /> <br />At the end of the second paragraph of the section (first paragraph on Page 2), ADD: <br /> <br />"The project shall begin construction (acquire appropriate building permits from an <br />approved site plan) within twelve months of the date of award of the grant (date of <br />action by the County)." <br /> <br />· Section 1. Incentive Grants <br /> <br />In the first paragraph on Page 2 after the term "the County" throughout the paragraph ADD: <br />"and Town". <br /> <br />In the second paragraph on Page 2 after the term "the County" throughout the paragraph <br />ADD: "and Town". <br /> <br />In the third paragraph on Page 2 on the first line, change the term "equal" to "equivalent". <br /> <br />After the third paragraph on Page 2, ADD the following paragraph: <br /> <br />"All parties understand that even though the Town and County have chosen the property <br />tax assessment base as the value criterion for the Industrial Development Incentive Grant <br />Program, financial incentives offered by the Town and County are not to be considered <br />as allocated from any dedicated revenue source. Incentives from the County are to be <br />paid from the County's General Fund after appropriate budgetary actions by the County <br /> <br /> <br />
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