Common use of Statutory Lien Clause in Contracts

Statutory Lien. The parties acknowledge the County’s right to receive Negotiated FILOT Payments hereunder is entitled to and shall have a statutory lien with respect to the Expansion Project pursuant to Section 12-44-90(E) of the Negotiated FILOT Act and Title 12, Chapter 54 of the Code relating to the collection and enforcement of ad valorem property taxes.

Appears in 3 contracts

Samples: Fee in Lieu of Tax and Incentive Agreement, Fee in Lieu of Tax and Incentive Agreement, Fee in Lieu of Tax and Incentive Agreement

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Statutory Lien. The parties acknowledge the County’s right to receive Negotiated FILOT Payments hereunder and that the County is entitled to and shall have a statutory lien with respect to the Expansion Project pursuant to Section 12-44-90(E) of the Negotiated FILOT Act and Title 12, Chapter 54 of the Code relating to the collection and enforcement of ad valorem property taxes.

Appears in 2 contracts

Samples: Fee in Lieu of Tax and Incentive Agreement, Fee in Lieu of Tax Agreement

Statutory Lien. The parties acknowledge the County’s right to receive Negotiated FILOT Payments hereunder is entitled to and shall have a statutory lien with respect to the Expansion Project pursuant to Section 12-44-90(E) of the Negotiated FILOT Act and Title 12, Chapter 54 of the Code relating to the collection and enforcement of ad valorem property taxes.

Appears in 1 contract

Samples: Fee in Lieu of Tax and Incentive Agreement

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Statutory Lien. The parties acknowledge the County’s right to receive Negotiated FILOT Payments hereunder and that the County is entitled to and shall have a statutory lien with respect to the Expansion Project pursuant to Section 12-44-90(E) of the Negotiated FILOT Act and Title 12, Chapter 54 of the Code relating to the collection and enforcement of ad valorem property taxes.taxes.‌

Appears in 1 contract

Samples: Fee in Lieu of Tax Agreement

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