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2020.11.10 CC Packet
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2020.11.10 CC Packet
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3/2/2021 9:46:06 AM
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Page -11- <br />detailed accounting of all expenses associated with the clean-up of the <br />PROPERTY and addressing the outcomes, including but not limited to, <br />the following criteria intended to maximize public investment: <br />a) a detailed list of all new jobs being created including position <br />description and annual wage and benefit package. Retained and/or <br />relocated jobs should be listed separately and include the same <br />information; <br />b) a detailed accounting of expenses associated with acquisition, <br />clean-up, redevelopment and marketing of the site; <br />c) a detailed description of GRANTEE’s efforts made to ensure that <br />buildings constructed or improved at this site are energy efficient and <br />high-performance. <br /> <br /> 8. PAYMENT / DISBURSEMENT SCHEDULE <br /> <br />AUTHORITY will disburse funds to GRANTEE pursuant to this AGREEMENT, <br />based on a payment request form provided by the AUTHORITY, submitted by <br />GRANTEE and approved by the AUTHORITY. Payment requests can be <br />submitted once per month and must be accompanied by supporting invoices that <br />are related to activities in the approved PROJECT budget. Subject to verification <br />of adequacy of a written disbursement request and approval of consistency with <br />this AGREEMENT, the AUTHORITY will disburse the requested amount to <br />GRANTEE within three (3) weeks after receipt of a written disbursement <br />request. The final request for disbursement must be submitted by July 21, 2021, <br />unless extended in writing by AUTHORITY, or any unrequested funds will be <br />lost.
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