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Memorandum -3- <br /> <br />November 2, 1998 <br /> <br />Commission. The County's General Fund consists of revenue sources inclusive of ad <br />valorem taxes, local sales taxes, intergovernmental revenues, permit and fee revenues, <br />sales and service fee revenues, financing sources, interest earnings, and other <br />miscellaneous revenues. Other than as established by applicable federal or state laws, <br />revenues have no dedicated expenditure purpose." <br /> <br />In paragraph two on Page 3 after the term "the County" on Lines 3 and 7, insert the term <br />"and Town". <br /> <br />In paragraph three on Page 3, ADD: "and Town" to the end of the sentence. <br /> <br />Delete paragraph six on Page 3 (the last paragraph on the page) and insert: <br /> <br />"The County and Town agree that the Grant payments to be made to BSL each year shall <br />be paid on or before March 1 of each calendar year that the grant(s) is in effect. It is <br />understood by all parties that during the grant award period(s), BSL shall remain current <br />with all property taxes assessed, other fees, taxes or other assessments levied by the <br />County and Town to remain eligible for the grant(s). Failure to do so shall result in <br />termination of the grant award. Real and personal property assessments shall be made in <br />a manner consistent with and in compliance with recognized State standards and <br />procedures, and shall take into account developer representations as to the scope, quality <br />and value of the project." <br /> <br />THIS ENDS LISTED CHANGES. <br /> <br />Please advise if there are any questions or comments. <br />Resp~ectfully, <br /> <br />County M ana~/r <br /> <br />FWC/sb <br />Attachments <br />cc: Fletcher Hartsell, County Attorney <br /> Mayor Carl Parmer, Town of Harrisburg <br /> BSL <br /> Maurice Ewing, EDC <br /> <br /> <br />