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(c) The amount of the exemption, stated as a percentage of the assessed value of all improvements or tangible personal property subject to the exemption; (d) The period of time for which the exemption will remain in effect and the expiration date of the exemption; and - (e) A finding that the business named in the exemption ordinance meets the requirements of F.S. § 196.012(15) or (16). (Ord. No. 2010-014, § § 1, 2, 6-22-10) Section 1100.09. - Exemption agreement. No Exemption granted hereunder shall be effective until the business enters into an exemption agreement with the county. The exemption agreement shall contain (1) a clear acknowledgment by the business that the exemption shall continue to exist only for so long as the business continues to meet all exemption requirements, and (2) such other matters required by the county. (Ord. No. 2010-014, §§ 1, 2, 6-22-10) Section 1100.10. - Continuing performance. (a) The business shall continue to meet all exemption requirements during the term of the exemption; (b) No later than March 1 of each year during the term of the exemption, the business shall provide an annual report to the director which shall certify and, if requested by the director, contain satisfactory proof, that the business continues to meet all exemption requirements; (c) The business shall timely comply with all requirements of F.S. § 196.011, during the term of the exemption; and (d) The business shall immediately advise the county of any failure by the business to meet all exemption requirements. (Ord. No. 2010-014, §§ 1, 2, 6-22-10) Section 1100.11.: Revocation of exemption. (a) The board may revoke or revise the exemption at any time if the board determines in its sole discretion that (1) the business no longer meets all of the. ,exem tion re. uirements, 2 the application P q O,.. or any annual report contains a material false statement, such that the exemption likely would not have been granted or continued if the true facts had been known, or (3) the business is found guilty of a violation of law; and (b) If it is determined that the business was not in fact entitled to an exemption in any year for which the business received an exemption, the county, property appraiser or, tax collector shall be entitled to recover all taxes not paid as a result of the exemption; plus interest at the makimum rate allowed by law, plus all costs of collection, including, without limitation, reasonable attomey's fees. (Ord. No. 2010-014, §§ 1, 2, 6-22-10) Section 1100.12. -Applicability. This title shall be applicable throughout the incorporated and unincorporated areas of Indian River County. 6 Attachment 1 19