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2008 - 11-17-08 Regular Meeting
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2008 - 11-17-08 Regular Meeting
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2/25/2009 4:15:56 PM
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1/15/2009 1:42:59 PM
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Admin-Clerk
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Minutes
Committee
Board of Commissioners
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BOOK 22 HGE 516 <br />(i) The refund attributable to failure to pay the anticipated <br />amount of taxes shall be computed as set out in subparagraph <br />(1) above. <br />(ii) In addition to the refund due after the failure to pay the <br />anticipated amount of taxes, the recipient of the incentives <br />that fails to meet the standard for wage rates shall also refund <br />the full amount of the incentive. <br />(iii) In no event shall the refund exceed the incentive paid. <br />4. Assignment. No party shall assign any interest in or obligation under this Agreement <br />without the prior written consent of all of the parties. <br />IN WITNESS WHEREOF, LCEDC has caused this instrument to be signed in its corporate name <br />by its duly authorized officers and its seal to be hereunto affixed by authority of its Board of Directors, <br />and the Company has caused this instrument to be executed in its company name by its duly authorized <br />manager, both the day and year first above written. <br />LEE COUNTY ECONOMIC DEVELOPMENT <br />CORPORATION <br />(Corporate Seal) By: <br />ATTEST: <br />John Daniel, III, Secretary <br />By: <br />Robert P. Heuts, President <br />3M Company <br />Name: <br />Title: Manager <br />4 of 26 <br />
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