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. <br /> modify same, but will assist the Developer as to obtaining approval of <br /> Eligible Redevelopment Project Costs. Based on the Act as currently <br /> in effect, the Municipality acknowledges that costs identified on <br /> EXHIBIT A hereto qualify as Eligible Redevelopment Project Costs <br /> for which the Municipality will issue payment and/or reimbursement <br /> under this Agreement. <br /> (5) All incremental taxes collected and deposited into the Special Tax <br /> Allocation Fund annually during the term of this Agreement shall be <br /> disbursed from time to time in accordance with this Agreement not <br /> later than thirty (30) days from the date on which such monies are <br /> deposited therein. All monies contained in the account are pledged <br /> solely to the satisfaction of the payment and reimbursement of <br /> obligations hereunder. <br /> d. Execution and Delivery of Notes <br /> (1) The Municipality shall evidence its obligation to reimburse Developer <br /> for Eligible Redevelopment Project Costs by the execution and <br /> delivery of one or more Notes upon the first draw request presented by <br /> the Developer to the Municipality, which Notes shall be deemed <br /> obligations issued by the Municipality pursuant to Section 11-74.4-3 <br /> of the Act. ALL NOTES SHALL BE PAYABLE SOLELY FROM <br /> INCREMENTAL TAXES DEPOSITED FROM TIME TO TIME <br /> 1NT0 THE FUND. <br /> (2) All Notes shall be secured by a lien on and a pledge of monies <br /> deposited from time to time in the Fund (the "Pledged Monies"). All <br /> Notes may be assigned by the Developer to any of its lenders as <br /> collateral. <br /> 5. VERIFICATION OF TAX INCREMENT <br />' It shall be the sole responsibility of the Developer to provide to the Municipality <br /> as requested, the following: <br /> a. The Illinois Business Identification Number of the business or businesses <br /> constituting the Development Project and within the Development Area. <br /> b. Certified copies of all paid real estate tax bills for the immediately <br /> preceding real estate tax year subsequent to the Closing for each tax parcel <br /> constituting the Development Area. <br />' c. The failure of the Developer to provide any information required in this <br /> Agreement shall be considered a breach of this Agreement and shall be <br /> sufficient cause for the Municipality to delay making payments under this <br /> - 15 - <br />