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Requirements and all requirements of this Agreement, (e) without limitation, Business will establish and
<br />continue to provide all jobs required for Business to qualify as an New Business ("Jobs"), (f) without
<br />limitation, the average wage paid by Business with respect to the Jobs during each calendar quarter will
<br />be equal to or greater than the average wage represented by Business in the Application, and (g) Business
<br />has not committed and will not commit any Violation of Law (each of subparagraphs (a) through (f),
<br />"Commitment").
<br />4. Annual Status Reports. On or before January 15th of each year, beginning in 2022 and
<br />ending in 2029, the Business shall submit a status report to the County Community Development
<br />Department. At a minimum, the status report shall include the name, address, and contact information of
<br />the current owner and the current operator of the facility to be located at 7355 9th Street, SW, Vero Beach,
<br />FL 32968, described as the west % of Tract 4, Section 30, Township 33 South, Range 39 East, according
<br />to the last general plat of lands of Indian River Farms Company filed in the office of the Clerk of Circuit
<br />Court of St. Lucie County, Florida in Plat Book 2, Page 25, Public Records of St. Lucie County, Florida;
<br />said land now lying and being in Indian River County, Florida, a description of current facility operations,
<br />the current total number of facility employees, the current total and average wages of employees, and a
<br />description of any improvements made to the facility during the previous year, and additional information
<br />that County may need to evaluate the Business's performance. The status report shall be signed by the
<br />facility owner (or authorized representative) and by the facility operator, and each signature must be
<br />notarized.
<br />5. Violation by Business of Commitment. In the event of a violation by Business of any
<br />Commitment, County may, in its sole discretion, (a) revoke the Exemption, effective immediately, (b)
<br />revoke the exemption, effective as of the date of violation of the Commitment. In such case County, the
<br />Property Appraiser or the Tax Collector shall be entitled to recover all taxes not paid as a result of the
<br />Exemption (after the effective date of such revocation), plus interest, costs of collection and attorney's
<br />fees, as set forth in section 1 100.1 1(b) of the Code, (c) reduce the Exemption, with respect to either the
<br />amount (percentage) or term of the Exemption, or (d) pursue any other remedy available in law or in
<br />equity. Business shall immediately notify County in writing of any facts or events which constitute or
<br />may constitute a violation by Business of any Commitment.
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