Agenda Package - 06-15-09 - Laserfiche WebLink

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0 5 3 11 67% _ $1,005.000 x$0.0075 = $7,538 57% _ $855,000 x$0.0075 = $6,413 $41,738 X 50% _ $20,869 x $0.0055 = $5,528 x $0.0055 = $4,703 $30,608 X 50% _ $15,304 Local Incentives Coun Real $17,813 Machinery $20,869 $38,681 City Real $13,063 Machinery $15,304 $28,366 TOTAL $67,048 FISCAL YEAR E 2010-2011 2011-2012 2012-2013 2013-2014 2014-2015 AMOUNT PAYMENT DATE $7,736. 20 January 15, 2011 $7,736. 20 January 15, 2012 $7,736. 20 January 15, 2013 $7,736. 20 January 15, 2014 $7,736. 20 January 15, 2015 NOW, THEREFORE, in consideration of the above, the parties do hereby agree as follows: (1) The LCEDC covenants and agrees to expend the funds which are the subject of this Agreement and perform services in consideration of the receipt of funds in accordance with the purposes and/or under the restrictions and conditions as attached to this Agreement and incorporated herein by reference. The LCEDC further agrees to expend the COUNTY funds in accordance with the Budget for said funds attached hereto which is incorporated herein by reference. Funds made available to the LCEDC pursuant to this Agreement shall be expended only in accordance with the applicable federal, state, and local laws. No change or alteration in the amount of the total Budget attached may be made without the express approval of the Board of Commissioners if the COUNTY amount changes. The Budget detail or total Budget may be amended with the approval of the County Manager, within the COUNTY funds made available by this Agreement. (2) Termination of this Agreement may occur for reasons described herein or in attachments hereto. The COUNTY may execute an extension of this ® Agreement in its discretion and in accordance with such additional conditions as it may require. 8 of 25