TIF Ordinance definition

TIF Ordinance means Ordinance No. 96-10, as amended by Ordinance No. 2013- 19, of the City, and as may be further amended or supplemented from time to time.

TIF Ordinance means Ordinance No. 2605 adopted by the City Council on April 18, 2017, adopting the Original Redevelopment Plan, designating the Redevelopment Area, approving the Original Redevelopment Project and authorizing tax increment financing within the Redevelopment Area.

TIF Ordinance means Ordinance No. 13-33 passed on October 7, 2013 by the City Council.

Examples of TIF Ordinance in a sentence

• Impact fee credits pursuant to this DA may be transferred in accordance with the TIF Ordinance.

• The Company, for itself and for any other Owner, hereby covenants that for the term of the exemptions set forth in City Ordinance No. , passed , 2021 (the “TIF Ordinance”), it waives the right to any other exemption from real property taxes for the Project Site, other than the exemptions provided by this CRA Agreement and the TIF Ordinance.

• In addition, the time limits on the encumbrance and expenditure of these funds, as provided in the TIF Ordinance, shall be waived by the DEVELOPER and by its successors and assigns.

• The DEVELOPER and Project shall be assessed TIF in accordance with the COUNTY'S adopted TIF Ordinance as amended and this DA.

• The Owner hereby agrees to make the Service Payments due during its period of ownership of each Parcel, all pursuant to and in accordance with the requirements of the TIF Statutes, the TIF Ordinance, the provisions of Ohio law relating to real property tax collections, and any subsequent amendments or supplements thereto.

More Definitions of TIF Ordinance

TIF Ordinance means City Ordinance No. 2089 adopted on September 22, 2015, attached hereto as Exhibit “A”.

TIF Ordinance means the ordinance passed by this Council approving the TIF Exemption.

TIF Ordinance means, collectively, the ordinances to be passed by City Council pursuant to Ohio Revised Code Section 5709.41 which will declare that 100% of the increase in the assessed value of the commercial portions of the Development Site subsequent to acquisition of that property by City to be a public purpose and exempt from taxation in accordance with the requirements of Ohio Revised Code Sections 5709.41, 5709.42 and 5709.43 (collectively, the “5709.41 TIF Statute”).

TIF Ordinance means Ordinance 13- “Designating a portion of the Citylocated in Celebrate Virginia South as the ‘Baseball Stadium Complex Development Project Area’ and adopting tax increment financing,” adopted by City Council on [date] . Terms defined in the TIF Ordinance have the same meaning when used in this Agreement.

TIF Ordinance means Ordinance No. 953 of the City adopted on October 17, 1994,

TIF Ordinance means Ordinance No. 3748 adopted by the City Board on December 18, 2000, authorizing tax increment financing within the Redevelopment Area.

TIF Ordinance means Ordinance No. 51-333, passed by the Governing Body of the City creating the TIF District.