ContractPayment-in-Lieu-of-Tax Agreement • December 6th, 2023
Contract Type FiledDecember 6th, 2023THIS PAYMENT-IN-LIEU-OF-TAX AGREEMENT (the "Agreement"), dated as of December 13, 2023, by and between 200 COURT STREET APARTMENTS HOUSING DEVELOPMENT FUND CORPORATION, a not-for-profit corporation organized and existing under the laws of the State of New York, having its principal offices located at 555 East Genesee Street, Syracuse, New York 13202 (the “Fee Owner”) and 200 COURT STREET APARTMENTS, LLC, a limited liability company organized and existing under the laws of the State of New York, having its principal offices located at 555 East Genesee Street, Syracuse, New York 13202 (the “Beneficial Owner”) the “Fee Owner” and the “Beneficial Owner” are, collectively, the "Company") and the BROOME COUNTY INDUSTRIAL DEVELOPMENT AGENCY, a public-benefit corporation duly organized and validly existing under the laws of the State of New York with an office for the transaction of business located at FIVE South College Drive, Suite 201, Binghamton, New York 13905 (the “Agency”), collectively