Common use of Stadium Facilities IRB’s Clause in Contracts

Stadium Facilities IRB’s. Subject to compliance with the City’s policies and procedures, the City agrees to issue industrial revenue bonds upon request of RCP, Bliss Sports and Bliss Sports II for the construction of the Stadium Facilities and the portions of the Infrastructure Improvements located on the Stadium Site in order to assist RCP, Bliss Sports and Bliss Sports II in obtaining the ten (10) year property tax exemption and sales tax exemption for construction materials available for projects financed with industrial revenue bonds under Kansas law.

Stadium Facilities IRB’s. Subject to compliance with the City’s policies and procedures, the City agrees to issue industrial revenue bonds upon request of RCP, Bliss Sports RCP and Bliss Sports II for the construction of the Stadium Facilities and the portions of the Infrastructure Improvements located on the Stadium Site in order to assist RCP, Bliss Sports RCP and Bliss Sports II in obtaining the ten (10) -year property tax exemption and sales tax exemption for construction materials available for projects financed with industrial revenue bonds under Kansas law.

Stadium Facilities IRB’s. Subject to compliance with the City’s policies and procedures, the City agrees to issue industrial revenue bonds upon request of RCP, Bliss Sports and Bliss Sports II for the construction of the Stadium Facilities and the portions of the Infrastructure Improvements located on the Stadium Site in order to assist RCP, Bliss Sports and Bliss Sports II in obtaining the ten (10) -year property tax exemption and sales tax exemption for construction materials available for projects financed with industrial revenue bonds under Kansas law.

Stadium Facilities IRB’s. Subject to compliance with the City’s policies and procedures, the City agrees to issue industrial revenue bonds upon request of RCP, Bliss Sports and Bliss Sports II for the construction of the Stadium Facilities and the portions of the Infrastructure Improvements located on the Stadium Site in order to assist RCP, Bliss Sports and Bliss Sports II in obtaining the ten (1010-) year property tax exemption and sales tax exemption for construction materials available for projects financed with industrial revenue bonds under Kansas law.