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BUSINESS ASSISTANCE AGREEMENT FOR <br /> CABLE TELEVISION LABORATORIES, INC. <br /> IN THE CITY OF LOUISVILLE <br /> THIS AGREEMENT ("Agreement") is made and entered into as of the /4 'day <br /> of.Se. P_m_k.et/ , 2013, between the CITY OF LOUISVILLE, a Colorado home <br /> rule municipal corporation (the "City"), and CABLE TELEVISION LABORATORIES, <br /> INC. ("Company"), a Delaware nonprofit non-stock membership Corporation registered <br /> to do business in the State of Colorado. <br /> WHEREAS, the City wishes to provide certain assistance to Company in <br /> connection with the Company's interest in constructing a new 90,000 square feet building <br /> to own or lease within Louisville (the "Project") for the expansion and relocation of their <br /> Louisville operations; and <br /> WHEREAS, Company plans to expand into a new location in Louisville in 2014; <br /> and <br /> WHEREAS, Company's plans will bring to the City new primary jobs and retain <br /> existing jobs that complement existing Louisville businesses; and <br /> WHEREAS, Company plans to contract for the construction of a new building; <br /> and <br /> WHEREAS, Company will own or lease the Project for the expansion and <br /> relocation of their Louisville operations; and <br /> WHEREAS, City Council finds the execution of this Agreement will serve to <br /> provide benefit and advance the public interest and welfare of the City and its citizens by <br /> securing the location of this economic development project within the City. <br /> NOW THEREFORE, in consideration of the mutual promises set forth below, the <br /> City and Company agree as follows: <br /> 1. Building Permit Fee Rebates. The City shall rebate to Company 50% of the <br /> building related permit fees for the Project, required under Louisville Municipal Code, <br /> section 15.04.050 and section 108.2 of the International Building Code as adopted by the <br /> City. <br /> 2. Use Tax Rebate-Construction. The City shall rebate to Company 50% of the <br /> Construction Use Tax on the building materials for the Project, required under Louisville <br /> Municipal Code, section 3.20.300, excluding all revenues from the open space tax and <br /> historic preservation tax. <br /> 3. Use Tax Rebate — Tangible Goods. For the 2014 calendar year and the 2015 <br /> calendar year through June 30, 2015, and solely for the Company's relocation and <br /> expansion in Louisville at the Project location, the City shall rebate to Company 50% of <br /> the Use Tax (and in certain circumstances as described below, Sales Tax) paid and <br /> 1 <br />