Ordinance 2015-103 - Laserfiche WebLink

Home Browse Search

to effect, claim, reserve, and maintain exemptions from taxation granted under this Agreement including,without limitation,joining in the execution of all documentation and providing any necessary certificates required in connection with such exemptions. 8. If for any reason the Community Reinvestment Area designation expires,the Director of the Ohio Development Services Agency revokes certification of the zone, or the City of North Olmsted revokes the designation of the zone,entitlements granted under this Agreement shall continue for the number of years specified under this Agreement, unless BIW Properties materially fails to fulfill its obligations under this Agreement and the City of North Olmsted terminates or modifies the exemptions from taxation granted under this Agreement. 9. If BIW Properties materially fails to fulfill its obligations under this Agreement,or if the City of North Olmsted determines that the certification as to delinquent taxes required by this Agreement is fraudulent,the City of North Olmsted may terminate or modify the exemptions from taxation granted under this Agreement and may require the repayment of the amount of taxes that would have been payable had the property not been exempted from taxation under this Agreement. 10. BIW Properties hereby certifies that at the time this Agreement is executed,BIW Properties does not owe any delinquent real or tangible personal property taxes to any taxing authority of the State of Ohio, and does not owe delinquent taxes for which BIW Properties is liable under Chapter 5733., 5735., 5739., 5741., 5743., 5747.,or 5753.of the Revised Code,or,if such delinquent taxes are owed, BIW Properties currently is paying the delinquent taxes pursuant to an undertaking enforceable by the State of Ohio or an agent or instrumentality thereof,has filed a petition in bankruptcy under 11 U.S.C.A. 101, et seq.,or such a petition has been filed against BIW Properties. For the purposes of the certification,delinquenttaxes are taxes that remain unpaid on the latest day prescribed for payment without penalty under the chapter of the Revised Code governing payment of those taxes. 11. BIW Properties affirmatively covenants that it does not owe: (1)any delinquent taxes to the State of Ohio or a political subdivision of the State; (2) any moneys to the State or a state agency for the administration or enforcement of any environmental laws of the State;and(3) any other moneys to the State, a state agency or a political subdivision of the State that are past due,whether the amounts owed are being contested in a court of law or not. 12. BIW Properties and the City of North Olmsted acknowledge that this Agreement must be approved by formal action of the legislative authority of the City of North Olmsted as a condition for the Agreement to take effect. This Agreement shall take effect upon such approval. 13. The City of North Olmsted has developed a policy to ensure recipients of Community Reinvestment Area tax benefits practice non-discriminating hiring in its operations. By executing this Agreement, BIW Properties is committing to following non-discriminating hiring practices acknowledging that no individual may be denied employment solely on the basis of race,religion, sex, disability, color,national origin, or ancestry. 14. Exemptions from taxation granted under this Agreement shall be revoked if it is determined