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AG 2006 08 21
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AG 2006 08 21
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Last modified
8/24/2006 1:40:13 PM
Creation date
11/27/2017 11:33:43 AM
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Template:
Meeting Minutes
Doc Type
Agenda
Meeting Minutes - Date
8/21/2006
Board
Board of Commissioners
Meeting Type
Regular
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<br />2. State and Countv Incentives. The County agrees to assist PreGel in <br />obtaining any incentiv~s, grants and programs that'may be or become available from the <br />State of North Carolina and/or the City of Concord; however, the County shall not be <br />responsible for obtain*g or paying any State or County incentives to PreGel, except as <br />otherwise provided by :law. <br /> <br />3. Validit'( of Incentives. As stated in the Program, no change in the <br />Program after the date of this Agreement shall apply to the provisions of this Agreement <br />or to the New Investment or the Facility (as it may be expanded or modified) unless <br />otherwise agreed to in writing by the County and PreGel. In the event one or more <br />lawsuits or other proce~dings are brought against the County or any County elected <br />official challenging th~ legality of this Agreement or any provision, the County shall <br />defend against any an~ all such lawsuits or other proceedings, including appealing any <br />adverse judgment to the highest appellate court of the State of North Carolina. In the <br />event that any of the incentives or other agreements of the County are determined to be <br />invalid, the County agrees that it will, to the extent permitted by law, provide PreGel with <br />incentives of substantially equal value pursuant to one or more replacement incentive <br />grant programs. <br /> <br />4. Noncolloliance bv PreGel. PreGel acknowledges that at any time during <br />the period that a Grant!ispaid or is to be paid to PreGel by County, ifPreGel has (a) <br />failed or fails to make 9r maintain the New Investment, (b) fails to continue in business a <br />fully operational Facility or (c) fails to comply with any provision of this Agreement or <br />any provision of the Program applicable to this Agreement, then PreGel shall be in <br />default of this Agreem~nt. In any such event, the County may at its option terminate this <br />Agreement and no further Grants shall be paid to PreGel. <br /> <br />5. Miscellflleous. <br /> <br />a) PreGel acknowledges and understands that all the provisions of the <br />Program are considered enforceable parts of this Agreement and that it must comply with <br />all such provisions in cirder to be eligible for and remain eligible for the Grants. <br /> <br />b) This Agreement and the Grants provided by it may not be assigned <br />by PreGel without the prior written consent of County. <br /> <br />c) Notices. AlI notices, certificates or other communications <br />required by or made pl\rsuant to this Agreement shall be sufficiently given and shall be <br />deemed given when d~livered or mailed by registered or certified mail, postage prepaid <br />or sent by facsimile (cQnfirmed by the party providing notice) as follows: <br /> <br />The County: John D. Day <br />Cabarrus County <br />County Manager <br />65 Church Street, SE <br />Post Office Box 707 <br /> <br />/ <br /> <br />Cb-I <br />
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