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Implementation of this Plan may be financed by funds obtained from private and/or · public sources, including, without limitation, revenue bonds, bank loans, and Developer's equity funds. Pursuant to § 100.100 of the Act, a municipality may issue revenue bonds to finance projects and the revenue bonds must be paid solely from the revenue received from that project. The Developer anticipates that the Project will be financed through the issuance of industrial development revenue bonds to be issued by the City. The estimated date for retirement of obligations incurred to finance the Project shall not be more than twenty five (25) years from approval of this Plan and the issuance of the bonds. G. PROPERTY A~QUISITION AND LEASE/DISPOSITION TERMS 1. PROPERTY ACQUISITION The Project will not require the acquisition of any additional property. The Developer will convey the Property, located in the Area and will convey the new equipment to be purchased in connection with the Project (the "New Equipment") to the City and the City will lease the Property and the New Equipment back to the Developer (the "Leas~"). 2. PROPERTY LEASE TERMS The Developer shall agree to develop the Property in accordance with this Plan, and the Performance Agreement by and between the City and the Developer. Rent shall be in an amount sufficient to make the agreed payments in lieu of taxes and to meet the interest and sinking fund requirements on any bonds issued by the City to finance the Project pursuant to Section 100.180 of the Act. H. COOPERATION OF THE CITY The City, by enacting an Ordinance approving this Plan, pledges its cooperation to enable the Project to be carried out in a timely manner and in accordance with this Plan, to the extent permitted by law. I. TAX EXEMPTION AND PAYMENTS IN LIEU OF TAXES As set forth in Section G. 1 of this Plan, the Developer shall lease the Property and New Equipment from the City. Upon the Developer's conveyance of the Property and the New Equipment to the City, the Property shall be exempt from general ad valorem property taxes and the New Equipment shall be exempt from personal property taxes throughout the term of the Lease. Any existing equipment owned by Developer and located in the Area shall not be exempt from general ad valorem property taxes (the "Existing Equipment"). These tax exemptions shall run with the land and inure to all successors and assigns of the Developer permitted under the terms of the lease so long as such successors or assigns shall continue to use the Property pursuant to the Lease and in accordance with this Plan and the Performance Agreement.