Laserfiche WebLink
EXHIBIT A <br />EMPOWERMENT ZONE BUSINESS CERTIFICATION <br />The undersigned for Gold Coast Baking Company, Inc. (the "Owner") hereby certifies <br />that as of.[DATE] that the Owner meets each of the criteria of an Empowerment Zone Business <br />described below. <br />Terns not defined herein shall have the meanings given them in the Empowerment Zone <br />Facility Bond Compliance Agreement, dated as of April 1, 2000, by and among Owner, <br />California Infrastructure and Economic Development Bank and the City of Santa Ana. <br />[The Owner was a corporation or partnership which for. the taxable year to. which this <br />certificate applies actually did (or during the Startup Period expected and made bona fide efforts <br />to): <br />(a) conduct every trade or business of such entity as a Qualified Business <br />within the Qualified Empowerment Zone; <br />(b) derive at least 50 percent of the total gross income of such entity from the <br />active conduct of such business; <br />(c) use a Substantial Portion of the tangible property of such entity (whether <br />owned or leased) within the Qualified Empowerment Zone; <br />(d) use a Substantial Portion of the intangible property of such entity in the <br />active conduct of any such business; <br />(e) have a ,Substantial Portion of the services for such entity performed by its <br />employees in the Qualified Empowerment Zone; <br />(f) establish that at least 35 percent of the entity's employees were residents <br />of the Qualified Empowerment Zone; <br />(g) have less than 5 percent of the average of the aggregate unadjusted bases <br />of the property of such entity attributable to collectibles (as defined in Section 408(m)(2) <br />of the Code) other than collectibles that are held primarily for sale to customers in the <br />ordinary course of such entity's business; and <br />(h) have less than 5 percent of the average of the aggregate unadjusted bases <br />of the property of such entity attributable to Nonqualified Financial Property.] <br />[The Owner was an individual proprietor which for the taxable year to which this <br />certificate applies actually did (or during the Startup Period expected and made bona fide efforts <br />to): <br />(a) derive at least 50 percent of its total gross income from such business from <br />the active conduct of such business in the Qualified Empowerment Zone; <br />0G-4514.05 <br />