Title
A RESOLUTION TO IMPOSE THE TANGER PROJECT FEES IN THE TANGER PROJECT FEE AREA IN THE CITY OF FOLEY, ALABAMA
Body
BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF FOLEY PUBLIC FACILITIES COOPERATIVE DISTRICT:
Section 1. Definitions
For purposes hereof:
Applicable Business means and includes each Person who shall have obtained a business license from the City for the establishment and operation of a trade or business within the Tanger Project Fee Area
prior to, on, or after, the Effective Date.
Authorizing Act means Chapter 99B of Title 11 of the Code of Alabama 1975.
City means the City of Foley, Alabama.
District means The City of Foley Public Facilities Cooperative District.
Economic Development Agreement means the Economic Development Agreement to be dated the date of delivery by the City and COROC/Riviera, L.L.C.
Effective Date means the date on which a judgment entered by the Circuit Court of Baldwin County, Alabama, validating and confirming this Resolution and the Tanger Project Fees shall have become forever
conclusive pursuant to the Validation Act.
Governmental Authority means any agency, authority, board, bureau, commission, court, department, or instrumentality of the (i) United States of America, (ii) the State of Alabama, or (iii) any county, municipality, political subdivision or public corporation established or organized under the Constitution and laws of the State of Alabama.
Gross Sales means the actual sales price of, or the value proceeding or accruing from, or other charge or consideration paid or payable for, all tangible personal property or lodging and accommodations sold,
leased, licensed, delivered, or rented, and all places of amusement or entertainment conducted or operated, and all services performed, by any Person, whether for wholesale, retail, cash, credit, trade-ins
or otherwise, without reserve or deduction for inability or failure to collect. Each installment or credit sale are treated as a sale for ...
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