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<br />(e) At such time as funds are available to pay all or any portion of the Development <br />Corporation and the County Advances made hereunder, the Authority shall hire a certified public <br />accountant to calculate the amount due the Development Corporation and the County and <br />prepare and submit a report to the Authority certifying (1) the amount due the Development <br />Corporation and the County for the Development Corporation and the County Advances being <br />repaid with interest calculated thereon, and (2) that funds are available to make such payment. <br />Such report shall be approved at the earliest practicable time, but not later than 90 days after <br />submission by the Development Corporation and the County of the records required therefore. <br />The Authority shall make payment to the Development Corporation and the County within 30 <br />days of approval of the auditor's report. <br /> <br />(f) The Authority shall provide to the Development Corporation and the County, upon <br />their written request, and on the earliest date such information is available after the date of such <br />request, certified copies of all statements of revenue and the sources of such revenue of the Zone <br />and Authority the intended use of which is to verify the availability of funds for repayment of the <br />City Advances, if applicable, under this section. <br /> <br />5.3. Priorities. Amounts deposited in the Revenue Fund shall be applied in the <br />following order of priority (i) disbursement to LPISD, if applicable, for educational facilities in <br />accordance with any interlocal agreement with LPISD, the City and the Zone; (ii) administrative <br />costs of the Zone and the Authority; (Hi) amounts pledged or required for the payment of <br />outstanding Authority Bonds, including Authority Bonds in the process of issuance and <br />refunding Authority Bonds, and (iv) payments to the City for funding the Southeast Sanitary <br />Sewer Trunk Main and Lift Station Facilities per Development Agreement between the Zone, <br />Authority and City dated 6/12/06 and (v) payments to the Development Corporation and the <br />County pursuant to Section S.2( d), above. <br /> <br />5.4. Multiple developers. the Development COlJ'oration and the County. The <br />Authority has entered into other agreements with developers of land within the Zone for the <br />financing of Zone Improvements, and may enter into others. It is the intention of the parties that <br />each developer shall be responsible for the creation of Tax Increment required for its own <br />reimbursement. In such case, the Tax Increment generated within a developer's project as <br />defined in the applicable reimbursement agreement shall not be considered in determining <br />whether sufficient Net Tax Increment exists for the issuance of Authority Bonds, or direct <br />payment of available Net Tax Increment, for reimbursement of Advances unless the applicable <br />developer shall give its written consent thereto. The net proceeds of Authority Bonds issued to <br />reimburse multiple developers and the Development COlJ'oration and County shall be allocated <br />based upon the proportion of Tax Increment generated by each developer, or such other method <br />as the developers may agree upon, and any unallocated Tax Increment shall be used for <br />calculation of the City's Net Tax Increment and reimbursement of Advances. <br /> <br />Page 7 of 11 <br />