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01-09-1985 Meeting
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01-09-1985 Meeting
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4/24/2017 2:53:01 PM
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City Meetings
Meeting Body
Industrial Development Corporation
Meeting Doc Type
Minutes
Date
1/9/1985
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<br /> <br />.' • • <br />trust, (iv) a beneficiary of another trust (if any <br />other person is a grantor of both trusts), or (v) a <br />corporation more than SO°; of value of the <br />outstanding stock of which is owned, directly or <br />indirectly, by or for the trust or by or for a <br />pe=son w:~o is a grantor of the trust. <br />NONE <br />g. In the case of tax-exempt organizations, a person <br />-and an educational and charitable organization <br />exempt from tax which is controlled directly or <br />i r:directly by such. persen or ( i f such person is an <br />individual) by members of the family of such <br />individual. <br />NONE <br />For purposes of subparagraph (c), (i) a partnership <br />interest owned, directly or indirectly, by or for a <br />corporation, partnership, estate or trust, shall be <br />considered as being owned proportionately by or for its <br />szarehoiders, partners, or beneficiaries and (ii) an <br />1rdlViCUal Shall be CCr.Sidered aS OWni.^.g a Dartn°_rshl'J <br />interest owned, directly or indirectly, by or for his <br />~' family (as described in subparagraph (d) above). For <br />purposes of subparagraphs (e), (f) and (g), the fcregoing <br />const=active ownership rule aDDlies and, in adit_or., an <br />individual owning any stock in a corporation shall be <br />considered as owning the stock OWned, directly or <br />indirectly, by or for his partner. Stock constructively <br />owned by a person t~roug:7 attribution from ris <br />partners hip, corporation, estate, or trust s:.all be <br />treated as actually owned by such person for purposes of <br />further attribution but stock constructively owned by an <br />individual by reason of applicalior. of tr_e faT,ily or <br />partr_er attribution rules shall not be treated as owned <br />by him for purposes of furl: er attribution. <br />Please furnisin a brief ownership description which <br />supports your conclusion to include or exclude any person <br />as a Related Person for purposes of t~:is Ouestiornai re. <br />Nt~NE <br />~_ <br />
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