Where a qualifying company has been awarded a real property tax grant or a RRETE,
building permit fees and erosion and sediment control permit fees paid by the qualifying
company to the county will be refunded to the qualifying company by the IDA, after
completion of the qualifying improvement has been made and the last real property
tax grant payment is received by the qualifying company. For applicants receiving
a real property tax grant the building permit and development fee refund shall be
made as part of the final grant payment. For applicants receiving an RRETE, the refund
shall be made upon determination by the building inspector that rehabilitation construction
has been completed. A qualifying company cannot receive the building permit and development
fee refund if the qualifying company is delinquent on any tax or fee levied by Tazewell
County or on any tax levied on the subject property by any incorporated town.
(Ord. of 1-5-16)