Common Contracts
1 similar Community Reinvestment Area Compensation Agreement contracts
DRAFT SAMPLE - COMMUNITY REINVESTMENT AREA COMPENSATION AGREEMENTCommunity Reinvestment Area Compensation Agreement • October 31st, 2020
This agreement between the (name of municipality) ,a municipal corporation with its offices at (address) , (name of board of education) Board of Education, a public school district with its principal offices at (address) and (name of business) , a (state) corporation with its principal offices at (address) specifies the manner and procedure to be used pursuant Ohio Revised Code (ORC) Section 5709.82 authorizing (requiring) general compensation and income tax revenue sharing on new municipal income tax revenues relating to the (name of business) 's Community Reinvestment Area project.
