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R98-41 AUTHORIZING LOAN AGREEMENT
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R98-41 AUTHORIZING LOAN AGREEMENT
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Last modified
4/12/2016 11:58:02 AM
Creation date
4/12/2016 11:58:00 AM
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Resolution/Ordinance
Res Ord Num
R98-41
Res Ord Title
AUTHORIZING LOAN AGREEMENT - ONE MAIN PLACE
Approved Date
3/30/1998
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� l� , <br /> � � <br /> � <br /> -15- <br /> records and other documents of One Main Place; and notify Decatur <br /> promptly in writing of any proposed change in the location at <br /> which such books, records and other documents are maintained. <br /> 5.7 Employment. Give preference to persons residing within <br /> the limits of the City of Decatur, Illinois when filling <br /> employment vacancies or hiring new employees, in accordance with <br /> Decatur's desire to promote development of business within the <br /> City and to increase employment opportunities for Decatur <br /> residents. <br /> 5.8 Employment Data. Furnish to Decatur within 15 days <br /> after each three-month period ending March 31, June 30, September <br /> 30 and December 31 during the term of this Loan Agreement, an <br /> employee data report which shall be certified by Cardwell as <br /> true, complete and accurate and shall include, without <br /> limitation, data on the residency, income, skill level and <br /> permanent or temporary employment status of One Main Place <br /> employees, by gender and further identified as members of a <br /> minority or nonminority group, all in such form as may be <br /> required from time to time by Decatur. (Such information shall <br /> include with respect to new hires data signed by such new hires <br /> respectively indicating prior employment, wage at such <br /> employment, family size and income. ) The failure to furnish the <br /> foregoing in a timely fashion shall be an event of default <br /> pursuant to Article VIII hereof. (Such employment data is <br /> necessary to enable Decatur to comply with reporting requirements <br />
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