City of Sycamore Sample Clauses

City of Sycamore. That commencing on the effective date for any abatement approved for eligible property pursuant to the terms of this Agreement (which shall occur on during the term of this Agreement and no sooner than January 1, 2016), taxes on real property levied by the City of Sycamore shall be abated on property located within the boundary of the Enterprise Zone, as certified by the Department, and upon which new improvements have been constructed as follows:
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City of Sycamore. That commencing on or after November 1, 2019, or upon written approval by the Department of Commerce and Economic Opportunity of the DeKalb County Enterprise Zone’s 2019 Application to Expand, Limit or Repeal Incentives, taxes on real property levied by the City of Sycamore shall be abated on property located within the boundary of the Enterprise Zone, as certified by the Department, and upon which new improvements have been constructed as follows:

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