98-050 Ordinance - Laserfiche WebLink

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"Statement"). The Statement will be due and delivered to the Mayor, or his designee, at City hall, no later than one (1) year and thirty (30) days from the date of and for each year thereafter on the same date, for the entire ten (10) year period of the tax exemption granted hereunder. Any cost incurred by Duke in preparing the Statement will be paid by Duke. (c) Notwithstanding anything to the contrary contained in this Section 9, the City agrees that so long as Duke has complied with the pmvisions of Section 5 hereof, the City will not terminate or modify the exemption &om taxation granted under this Agreement for a reason related to Duke's failure to have met the job creation or payroll estimates contained in the Application. Section 10. If for any reason the designation of the CRA expires or the State of Ohio revokes the certification of the CRA, any and all entitlement to the tax exemption as set forth in ttus Agreernent shall continue to be enjoyed by Duke for the number of years and upon the terms specified herein, subject to complianee by Duke with the tetms of this Agreement. In no event, however, shall the City be required to grant the tax exemption or Duke be required to perform any of its obligations set forth in this Agreement if the Project is not constructed. Section 11. Duke aclalowledges that it is the policy of the City that this Agreement be forwazded to the County Auditor and to the Ohio Department of Development within fifteen (15) days after its execution. Se,ction 12. Duke shall pay, and shall require all of its contractors and subcontractors to pay, prevailing wages, as that term is described in ORC Section 4115.05, to all laborers, workmen and mechanics involved in construction of the Project. "Construction of the Project" means all canstruction at the site of the Project, including but not limited to site preparation, utility construction and connection, construetion of the exterior and interior of the office building, and construction of ail tenant spaces and improvements. Section 13. The City and Duke shall perform all acts and deeds as may be reasonably requested, necessary or appropriate in order to effect, claim, preserve and maintain the tax exemption provided for in this Agreement, including without limitation, joining the execution of a11 doeuments and providing any necessary certificates required in connection with such taac exemption. Section 14. This Agreement sha11 not be changed, amended or modified, except in writing duly executed by the parties hereto. Section 15. This Agreement represents the entire agreement between the parties concerning the subject matter hereof and supersedes any and all previous agreements between them. -4- a