Extract to table

Both programs benefit IHDC and its tenants, but they operate in parallel and must be pursued and maintained separately

Impact on Project Economics and Budgeting The annual equipment tax expense represents a meaningful component of the Stonebridge Campus's ongoing operating cost structure and must be properly modeled in IHDC's pro forma operating budget

The equipment tax projections must be integrated into the financial models and compliance reporting required under the Construction Loan Agreement with Summit National Bank, N

IHDC must file the Loudoun County Business Tangible Personal Property Tax Return with the Commissioner of Revenue on an annual basis

Appeals must be filed within the prescribed deadline (typically within a specified number of days after the assessment notice is issued)