INDUSTRIAL FACILITIES TAX EXEMPTION AGREEMENTIndustrial Facilities Tax Exemption Agreement • May 19th, 2022
Contract Type FiledMay 19th, 2022This agreement between ATESTEO North America, Inc. (Company) and City of East Lansing (City) is for the purpose of fulfilling the requirements of P.A. 198, as amended, in P.A. 224, Section 22. In consideration of approval of this exemption certificate, Company understands that through the project’s investment of approximately $700,000 in real property, and the City by its investment of the IFE, are mutually investing in and benefiting from this economic development project, and, furthermore, agree to the following: