During the period of any Job Creation Income Tax Credit Agreement, the Tax Incentive Review Council of Defiance County, Ohio (TIRC) shall audit the participants at least annually with respect to its investment and job creation/retention goals. The participant shall make any and all payroll and other business records necessary to conduct a fair review of the participant's performance available to the Village Council and the TIRC, at the Village of Hicksville office during normal business hours, as requested. The TIRC shall make a recommendation to the Village Council as to a participant's compliance as well as a recommendation as to any reduction or termination of benefits that may be appropriate. The participant is obligated to pay an annual review fee to the Defiance County Economic Development Office the amount of one hundred dollars ($100.00) per year for the term of the Job Creation Income Tax Credit Agreement for the annual review process. Village Council shall have the final determination as to the reduction or termination of any benefits to the participant based upon the results of the annual review.
(Ord. 2008-09. Passed 11-17-08; Ord. 2014-04. Passed 3-17-14; Ord. 2019-05. Passed 5-20-19.)