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representation, true and correct, (d) Business will fully perform and remain in full compliance with all <br />Exemption Requirements and all requirements of this Agreement, (e) without limitation, Business will <br />establish and continue to provide all jobs required for Business to qualify as an New Business ("Jobs"), <br />(f) without limitation, the average wage paid by Business with respect to the Jobs during each calendar <br />quarter will be equal to or greater than the average wage represented by Business in the Application, <br />and (g) Business has not committed and will not commit any Violation of Law (each of subparagraphs (a) <br />through (f), "Commitment"). <br />4. Annual Status Reports. On or before January 15th of each year, beginning in 2025 and <br />ending in 2032, 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 <br />of the current owner and the current operator of the facility to be located at 7756 130th Street, <br />Sebastian, FL 32958, described as Lots 15 through 16 of Section 30, LESS the Southwest 100 feet for road <br />right-of-way, all recorded on plat showing subdivision of the Fleming Grant revised from the Carter <br />Survey. Townships 30 and 31 South, Ranges 38 and 39 East, of Brevard and St. Lucie Counties, Florida, <br />by A. A. Berry, July 6, 1913, said plat filed in Plat Book 2, Page 14, of the Public Records of St. Lucie <br />County, Florida. Said land is now lying and being in Indian River County, Florida; a description of current <br />facility operations, the current total number of facility employees, the current total and average wages <br />of employees, and a description of any improvements made to the facility during the previous year, and <br />additional information that County may need to evaluate the Business's performance. The status report <br />shall be signed by the facility owner (or authorized representative) and by the facility operator, and each <br />signature must be 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 1100.11(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 />Page 2 of 5 <br />