Industrial Facilities Tax Exemption Agreement Sample Contracts

INDUSTRIAL FACILITIES TAX EXEMPTION LETTER OF AGREEMENT
Industrial Facilities Tax Exemption Agreement • November 19th, 2012

This Agreement between the City of Cadillac, Wexford County, Michigan, a Michigan municipal corporation (the "City"), and Cadillac Casting Inc., a Michigan corporation, whose registered office address is 1500 Fourth Avenue, Cadillac, Michigan 49601 (the "Applicant"), is entered into by and between the parties to comply with the provisions of the Plant Rehabilitation and Industrial Development Districts Act, Public Act 198 of 1974, MCL 207.551 et seq., as amended (the "Act").

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INDUSTRIAL FACILITIES TAX EXEMPTION LETTER OF AGREEMENT
Industrial Facilities Tax Exemption Agreement • November 19th, 2012

This Agreement between the City of Cadillac, Wexford County, Michigan, a Michigan municipal corporation (the "City"), and Metal Punch Corporation, a Michigan corporation, whose registered office address is 885 N. Rochester Road, Clawson, Michigan 48017 (the "Applicant"), is entered into by and between the parties to comply with the provisions of the Plant Rehabilitation and Industrial Development Districts Act, Public Act 198 of 1974, MCL 207.551 et seq., as amended (the "Act").

Industrial Facilities Tax Exemption Agreement
Industrial Facilities Tax Exemption Agreement • June 4th, 2022

[Company Name], hereinafter referred to as the "Company", has submitted an application to [Municipality] for the granting of an Industrial Facilities Exemption (IFT) Certificate, pursuant to Michigan Public Act 198 of 1974, as amended.

INDUSTRIAL FACILITIES TAX EXEMPTION LETTER OF AGREEMENT
Industrial Facilities Tax Exemption Agreement • July 12th, 2018

This Agreement between the City of Cadillac, Wexford County, Michigan, a Michigan municipal corporation (the "City"), and G & M Precision, LLC, a Michigan limited liability company (the "Applicant"), whose registered office address is 460 Fifth Street, Cadillac, Michigan 49601, is entered into by and between the parties to comply with the provisions of the Plant Rehabilitation and Industrial Development Districts Act, Public Act 198 of 1974, MCL 207.551 et seq., as amended (the "Act").

INDUSTRIAL FACILITIES TAX EXEMPTION AGREEMENT
Industrial Facilities Tax Exemption Agreement • May 19th, 2022

This 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:

INDUSTRIAL FACILITIES TAX EXEMPTION LETTER OF AGREEMENT
Industrial Facilities Tax Exemption Agreement • March 2nd, 2012

This Agreement between the City of Cadillac, Wexford County, Michigan, a Michigan municipal corporation (the "City"), and Fiamm Technologies, LLC, a Delaware limited liability company, whose registered office address is 38505 Woodward Avenue, Suite 2000, Bloomfield Hills, Michigan 48304 (the "Applicant"), is entered into by and between the parties to comply with the provisions of the Plant Rehabilitation and Industrial Development Districts Act, Public Act 198 of 1974, MCL 207.551 et seq., as amended (the "Act").

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