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Last modified
1/7/2016 2:10:02 PM
Creation date
10/1/2015 4:51:44 AM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
12/18/2012
Control Number
2012-229
Agenda Item Number
13.A.
Entity Name
Piper Aircraft Inc.
Subject
Amendment No.1 Closing Fund Agreement
Supplemental fields
SmeadsoftID
11642
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sanction, the Closing Fund Awardee must . <br /> (a) Undertake the Project and meet all of the Award Conditions and <br /> Performance Conditions as specified in Paragraphs 5 . 0 of this Amended Agreement, as <br /> applicable. <br /> (b) Submit annual certification of its employment and annual average wages <br /> paid using a Qualified Target Industry Tax Refund (QTI) Claim application form, or alternate <br /> equivalent documentation reasonably acceptable to County, every State of Florida fiscal year by <br /> January 31 of said year for the performance as of the prior December 31 . The QTI claim <br /> application, or alternate equivalent documentation of performance, must be submitted annually <br /> through January 31 , 2016 , under the terms of this renegotiated agreement. <br /> (c) For each investment performance specification in Paragraph 5 . 0(b)(2), <br /> maintain, to the extent commercially reasonable, such capital investment (such as tooling, <br /> equipment, and facility and infrastructure improvements) , in Indian River County through <br /> December 31 , 2015 , and certify and submit documentation that such capital investment continues <br /> to be located in Indian River County as of December 31 , 2015 . This provision shall not prevent <br /> the Closing Fund Awardee from disposing of any assets no longer useful to the Project, so long <br /> as the Closing Fund Awardee does not remove that equipment from Indian River County for the <br /> purpose of operating in another location. <br /> (d) Certify and submit documentation to support the fulfillment or <br /> substantiation of the certifications specified in Paragraph 5 . 0 . <br /> (e) Notify County in writing of any material developments that impact the <br /> implementation or operation of this Agreement or the Project. Such material developments will <br /> include, but not be limited to, announcements with regard to the Project, cancellation of the <br /> 5 <br />
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