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18-209.01 TracFone Wireless: Statute of Limitations Waiver • iB'Wt.0( CITY OF SPOKANE VALLEY,WASHINGTON FINANCE DEPARTMENT STATUTE OF LIMITATIONS WAIVER THIS AGREEMENT,made and entered into by and between the Finance Department of the City of Spokane Valley,hereinafter referred to as the Director,and TracFone Wireless,hereinafter referred to as the taxpayer,WITNESSETH: •3.70..f VJ1.. WHEREAS the Director has found that a field audit or tax investigation is necessary to verify the taxpayer's tax liability and has commenced an examination of the taxpayer's returns or records for that purpose;and WHEREAS the Director has found from such facts and information as he has been able to obtain that it appears additional taxes for the years 2014 and 2015 may be due from the taxpayer for business transacted or acts performed upon which a tax is imposed by the laws of the City of Spokane Valley referred to herein above;and WHEREAS under Section 3.70.070 the taxpayer desires additional time in which to submit for examination by the Director suitable records as may be necessary to determine the amount of any tax for which he may be liable; NOW,THEREFORE,each party hereto,in consideration of the covenant and agreement of the other party, hereby agrees as follows: The Director will postpone completion of his or her examination of the taxpayer's records and will defer the issuance of an assessment of tax for said year until after December 31,2019. The taxpayer hereby waives,during the calendar year ending December 31,2020,any legal defenses to the amount of tax liability incurred during the years 2014 and 2015,that he may be entitled to upon the ground that an audit or tax investigation of the said records and an assessment based thereon were not made within the time limitation provided by law. `1r AtT4P n . 1Acele3s . )611/_. Taxpayer ��, Finance Department Representative (. `bt® By: 41 Date: r2/2..�2019 (Office or Tie) a Date: ti 1 i/1 11 1