Agenda - Council - 08/12/2008 - Laserfiche WebLink

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furnished to Lender prior to date hereof are: true and accurate as of the date of this Loan Agreement. C. Borrower shall provide annually during the term of the Note to Lender; as soon as available, and in any event within thirty (30) days after the deadline for filing, a -copy of the Borrower's U.S. Income Tax Return prepared by an independent certified public accountant acceptable to Lender. The said Tax Return(s) provided shall be inclusive of all schedules and statements. D. A Breach of any of the covenants declared in this paragraph 6. shall be an Event of Default as defined in the Note. 7. Costs. In any proceeding to enforce the .terms and conditions of the Note, the Lender shall be entitled to recover its costs and expenses including reasonable attorney fees. 8. Job Posting. Borrower agrees to post all new positions it has for employment opportunities with the Anoka County Jobs and Training Center located at 3201 - 89~' Avenue NE, Blaine, MN 55434, telephone no. (763) 783-4800, and to keep a written record of all persons interviewed and hired. The written record shall be reasonable available to Lender upon demand. The Borrower also agrees to consult with Anoka Hennepin Technical College, Anoka Ramsey Community College and the Anoka County Jobs and Training Center to develop the Borrower's ongoing employee selection and training programs. 9. The City of Ramsey Compliance. Borrower acknowledges-that the funds being loaned are from The City of Ramsey Revolving Loan Fund. Borrower shall comply with all rules, regulations and requirements of the City of Ramsey relating to said program with regard to the use of the Loan Proceeds. Upon request, Borrower shall provide written documentation of compliance this paragraph 8 in a reasonably prompt time. Dated: , 2008 Clear Choice Countertops, Inc. By: Matthew F. Semler, President . City of Ramsey By: Thomas G. Gamec, Mayor -85-