191.06 PAYBACK UPON DEFAULT OR EXITING THE CITY.

   Should any Grant Program business move from the City during the term of the Agreement or otherwise fail to meet the obligations under the terms of the Agreement, the business shall reimburse the City an amount equal to the grants received. Failure to make the reimbursement to the City within 30 calendar days of moving or within 15 days of notice of default given to the business by the City will require the business to pay a 25% late fee.

(Ord. 47-2015. Passed 5-14-15.)

CODIFIED ORDINANCES OF MACEDONIA