Common use of Representations by the County Clause in Contracts

Representations by the County. The County makes the following representations and warranties as the basis for its covenants herein: (a) The County is a political subdivision of the State, duly organized and existing under the laws of the State. Under the provisions of the Abatement Act and the Business Subsidy Act, the County has the power to enter into this Agreement and carry out its obligations hereunder. (b) The County proposes to grant abatement of taxes for the Project, for the purposes of promoting and creating housing opportunities in the County.

Representations by the County. The County makes the following representations and warranties as the basis for its covenants herein: (a) The County is a political subdivision of the State, duly organized and existing under the laws of the State. Under the provisions of the Abatement Act and the Business Subsidy Act, the County has the power to enter into this Agreement and carry out its obligations hereunder. (b) The County proposes to grant abatement of taxes for on the ProjectMinimum Improvements to assist in financing the Minimum Improvements and specifically assist the Developer in expanding its corporate headquarters, for the purposes of promoting in order to increase tax base, and creating housing opportunities in the Countyprovide increased employment opportunities.