25-13 Confirming Resolution - Real Property Tax Abatement for 225 and 229 South Michigan Street

Home Browse Search

and/or requiring repayment of tax benefits. The Applicants shall be entitled to appeal that determination to a St. Joseph County Superior or Circuit Court. 8. Repayment. In the event the City requires repayment of the tax abatement savings as provided hereunder, it shall provide the Applicants with a written statement calculating the amount due (the "Statement"), and the Applicants shall make such repayment to the City within one hundred twenty (120)days of the date of the Statement. If the Applicants do not make timely repayment,the City shall be entitled to all reasonable costs and attorneys' fees incurred in the enforcement of this Agreement and the collection of the tax abatement savings required to be repaid hereunder. 9. Modification/Entire Agreement. This Agreement and the schedules attached hereto as Exhibit A contain the entire understanding between the City and the Applicants with respect to the subject matter hereof, and supersede all prior and contemporaneous agreements and understandings, inducements, and conditions, expressed or implied, oral, or written, except as herein contained. This Agreement may not be modified or amended other than by an agreement in writing signed by the City and the Applicants. The Applicants understand that any and all filings required to be made or actions required to be taken to initiate or maintain the abatement are solely the responsibility of the Applicants. 10. Waivers. Neither the failure nor any delay on the part of the City to exercise any right,remedy, power, or privilege under this Agreement shall operate as a waiver thereof, nor shall any single or partial exercise of any right, remedy,power, or privilege preclude any other or further exercise of the same or of any other right,remedy,power,or privilege with respect to any occurrence or be construed as a waiver of such right,remedy,power,or privilege with respect to any other occurrence. No waiver shall be effective unless it is in writing and is signed by the party asserted to have granted such waiver. 11. Notices. All notices, requests, demands, and other communications required or permitted under this Agreement shall be in writing and shall be deemed to have been received when delivered by hand or by facsimile (with confirmation by registered or certified mail) or on the third business day following the mailing,by registered or certified mail,postage prepaid,return receipt requested,thereof, addressed as set forth below: If to Applicant: RSPG Global Consulting LLC 1650 South Bend Avenue South Bend, IN 46617 Attn: Dawn Martin If to Applicant: Ben Miller 1311 Sunnymede Avenue South Bend, IN 46615 If to the City: City of South Bend,Indiana 227 W.Jefferson Boulevard, Suite 1400S South Bend, Indiana 46601 Attn: Executive Director of Community Investment 3