Common use of Sales Tax Refunds Clause in Contracts

Sales Tax Refunds. The County shall promptly take all steps to obtain the sales and use tax refund from the State of North Carolina, and further, shall, upon request, provide the Board with timely notice of its efforts and receipts. Any sales and use tax refunds received by the County as a result of the Project shall be utilized exclusively to provide supplemental funding for school capital building and renovation projects approved by the County. The intent of this Agreement is to provide additional resources for the Board and the County for use in the construction and maintenance of school buildings.

Appears in 2 contracts

Samples: Interlocal Agency Agreement, Interlocal Agency Agreement

AutoNDA by SimpleDocs

Sales Tax Refunds. The County Commissioners shall promptly take all steps to obtain the sales and use tax refund from the State of North Carolina, and further, shall, shall upon request, provide the School Board with timely notice of its efforts and receipts. Any sales and use tax refunds received by the County as a result of for the Project construction projects shall be utilized exclusively to provide supplemental funding for school capital building and renovation projects approved by the CountyCounty Commissioners. The intent of this Agreement is to provide additional resources for the School Board and the County Commissioners for use in the construction and maintenance of school buildings.

Appears in 1 contract

Samples: North Carolina

AutoNDA by SimpleDocs

Sales Tax Refunds. The County shall promptly take all steps to obtain the sales and use tax refund from the State of North Carolina, and further, shall, upon request, provide the School Board with timely notice of its efforts and receipts. Any sales and use tax refunds received by the County as a result of the Project construction projects shall be utilized exclusively to provide supplemental funding for school capital building and renovation projects approved by the County. The intent of this Agreement is to provide additional resources for the School Board and the County for use in the construction and maintenance of school buildings.

Appears in 1 contract

Samples: Moore County Interlocal Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!