Agreement to Make Payments in Lieu of Ad Valorem Taxes Sample Contracts

CLARK BEVERAGE GROUP, INC. AGREEMENT TO PAY A FEE
Agreement to Make Payments in Lieu of Ad Valorem Taxes • June 24th, 2024 • Mississippi

This Agreement To Make Payments in Lieu of Ad Valorem Taxes (this “Agreement”) is made and entered into effective as of the day of , 2024 (the “Effective Date”), by and among: Madison County, Mississippi (the “County”), acting by and through the County Board of Supervisors (the “Board”); the County Tax Assessor (the “Tax Assessor”) and the County (the “Tax Collector”) ( (the County, the Tax Assessor and the Tax Collector being collectively the “Taxing Authorities”); and Clark Beverage Group, Inc., a Mississippi corporation (the “Company”), duly qualified to conduct business in the State of Mississippi, and all successors and assigns thereof (the “Company”) (each of the foregoing being a “Party” and all being collectively the “Parties”). The Mississippi Development Authority (“MDA”) joins this agreement through its execution of the Certificate of Final Approval attached as Exhibit “A” for the purposes stated in said Certificate.

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