Laserfiche WebLink
Draft 1/4/95 <br /> <br /> i Section 6 3- Aereement to Pay Deficiencies. The Develo.p~r...and the City shall execute <br />the A~ent to Pay Deficiencies contained m this Agr-~rnent as Exl~b~t H. <br /> acknowledges that the <br /> ~ Section 6.4 ~d~ht to Collect Delineuer~t Taxes. The Developer . _ Tax <br /> ds that the increment pledged to repay the TIF <br />City ~ providing substantial aid and assistance in furtherance of the cieveiopment through <br />. . ~... .... ;,,, The Developer understan . -' --~ '-:--el" ,-Md To that end, the <br />mcremem mnm~,~.t,, te taxes must ce pmmpuy anu m-~ j }, · . <br /> · '~. d in the form of real esta ~ __~:.~c in addition to the obligauon pursuant to <br />Dlstr~t Fun , :.__~r ~.~ eu¢cessors aba u~,,~, --- <br />Deve~.oper agrees ior ~us,u, <br /> · · ' ted b mason of this Agreement to pay before <br /> · ~: ....... real estate taxes, that ~t ~s als? o~b~ga~. ,~,,~Yr~evelonment Prope.rty base? up?n, t__h_e~ <br /> staru~ tu vaj __~ s assessea agaxn~t u,,~. ~- r. ~.-~ r~vel oer ac~:nowleages <br /> deling uency ail rem es_tare .taxe ' the Assessment Agr _ee.mem.. ~!* '-"-2~?r~ .... ~,-,,er or its <br /> . · ~ arket value as supulated m ~_ of me C~ ID sue me ~,~ .... r _ <br /> ~.isU~o~ 'on creates a contractual right on. ~beh~.~al~f~,.~ ~.,,~ o,,~nelnaltv or interest thereon and <br /> sucz3~sors aria asSlgllS ID <br /> e as a tax payment to the county auditor. In any such suit, the City shall also be <br /> to p~ over the sarr~. ....... ,q reasonable attorney fees. <br /> enfi~ ID recover ItS cosl[s~ exp~n~ <br /> <br />Page I3 <br /> <br /> <br />