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U`t0 <br />DOLLARS ($13,500,000) during the period July 1, 2014 through (date <br />equipment investment will be complete). <br />g. The COMPANY'S compliance with all Performance Criteria set out in <br />this Agreement shall be attested to quarterly under oath by an officer of <br />the COMPANY. <br />6. CLOSEOUT. The COUNTY will close out the Grant on the first of the <br />following to occur (hereinafter "Closeout "): <br />a. The date as of which the COUNT' "' received and accepted proof <br />reasonably satisfactory to it that the ct has been completed and all the <br />Performance Criteria have been,, 'tis r, <br />y � <br />F <br />b. date <br />7. OBLIGATION TO REPAY T FUNDS <br />If, for any reason, the roject shall n is minimum co ns set forth in <br />i y <br />this agreement, then - UNTY sha f ay the incentive graflt, reduce the <br />amount of the incenhv d/or seek rbursement from the COMPANY <br />that received any incent in ':_ - ssible b ` ant as set forth herein and <br />COMPANY or any party,� ll r "I h ince funds promptly to the <br />COUN CO P A1 shall all costs o <br />llection. <br />�' <br />If the ct as de bed in this " ement anAthe attached exhibits does not <br />meet the rm ntena set �t herein and the standards for the incentive <br />As set I " whichis hereto attached, all or part of the Grant <br />%!�' be id as fo+, <br />�i 1 , <br />% i /j/ ?; <br />'M <br />a. If �e am(SE of ad valorem taxes paid to the COUNTY over the term <br />of thii reeir yvhich are attributable to this project has not been <br />� is <br />sufficie � pay i�� the COUNTY the amount of incentives paid from <br />COUNT'S nds, which could amount to $233,460.00 (TWO HUNDRED <br />% HIRTY' REE THOUSAND FOUR HUNDRED SIXTY DOLLARS) in <br />e ' fiscal years, and/or 2) the total number of New Jobs created <br />do qual or exceed 105 (ONE HUNDRED FIVE), or such New Jobs <br />do n' have an average annual wage of $38,096.00 (THIRTY EIGHT <br />THOUSAND NINETY SIX DOLLARS), or such New Jobs are not created <br />and maintained for at least five years, then, in any event, the COUNTY shall <br />reduce the grant amount paid from COUNTY funds in the following <br />manner: <br />(1) If the ad valorem taxes paid by the COMPANY do not meet <br />the required minimum amount of taxable investment of <br />$13,500,000 (THIRTEEN MILLION FIVE HUNDRED <br />