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82-65 AUTHORIZING AGREEMENT FOR PURCHASE OF DATA PROCESSING EQUIPMENT AND PROVIDING FOR FINANCING THEREOF
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82-65 AUTHORIZING AGREEMENT FOR PURCHASE OF DATA PROCESSING EQUIPMENT AND PROVIDING FOR FINANCING THEREOF
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9/15/2016 9:55:05 AM
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Resolution/Ordinance
Res Ord Num
82-65
Res Ord Title
AUTHORIZING AGREEMENT FOR PURCHASE OF DATA PROCESSING EQUIPMENT AND PROVIDING FOR FINANCING THEREOF
Approved Date
6/7/1982
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1 <br /> - PRODUCTION STATUS FOR INVE5TMENT TAX CREDIT FOR NON-GOVERNMENT CUSTOMERS <br /> Code Code <br /> 1�. The on-order machine, special-feature addition or model-conversion upgrade to be 3. The on-order machine, special-feature addition or model-conversion upgrade to be <br /> delivered is eligible new produ,ction for the purpose of the investment tax credit allowed delivered may not be eligible new production for the purpose of the investment tax credit <br /> by Section 38 of the Internal Revenue Code.IBM will provide an IBM Installation Advice allowed by Section 38 0£the Internal Revenue Code. If the delivered machine, special- <br /> after installation to indicate that the delivered machine, special-feature addition or feature addition or model-conversion upgrade is eligible new production, IBM will <br /> model-conversion upgrade is eligible ne;�production for the purpose of the investment provide an IBM Installation Advice after installation to indicate that the machine, <br /> tax credit. A customer-initiated deferment of the Estimated Shipment Date of the special-feature addition or model-conversion upgrade is eligible new production for the <br /> machine, special-feature addition or model-conversion upgrade may result in its purpose of the investment tax credit. The production status of the machine, special- <br /> reclassification[o a non-qualifying status. feature addition ar model-conversion upgrade to be delivered will be provided to the <br /> Customer, upon req�est, one month prior to the Estimated Shipment Date. A customer- , <br /> 2. The on-order machine, special-feature addition or model-conversion upgrade to be initiated deferment of the Estimated Shipment Date for the machine, special-feature <br /> delivered is n,ot eligible new production for the purpose of the investment tax credit addition or model-conversion upgrade to be delivered that ��sna has confirmed as being <br /> allowed by Section 38 of t6e Internal Revenue Code. eligible new producti�n may result in its reclassification to a non-qualifying status. <br />
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