Common use of Agreement to Pay Taxes Clause in Contracts

Agreement to Pay Taxes. Redeveloper agrees to pay all real property taxes levied upon the Redeveloper Property and Private Improvements prior to the times such taxes become delinquent. This contractual obligation to pay such taxes prior to delinquency on the part of the Redeveloper shall cease upon expiration of the Tax Increment Period, but the City in no way waives the statutory obligation of Redeveloper to continue to pay real estate taxes. Nothing herein shall be deemed an agreement by Redeveloper to waive its right to protest or contest the valuation of such Redeveloper Property and Private Improvements for tax purposes except provided herein.

Appears in 7 contracts

Samples: Redevelopment Agreement, Redevelopment Agreement, Redevelopment Agreement

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Agreement to Pay Taxes. Redeveloper agrees to pay all real property taxes levied upon the Redeveloper Property and Private Improvements prior to the times such taxes become delinquent. This contractual obligation to pay such taxes prior to delinquency on the part of the Redeveloper shall cease upon expiration of the Tax Increment Period, but the City in no way waives the statutory obligation of Redeveloper to continue to pay real estate taxes. Nothing herein shall be deemed an agreement by Redeveloper to waive its right to protest or contest the valuation of such the Redeveloper Property and Private Improvements for tax purposes except as provided hereinin Section 501.

Appears in 3 contracts

Samples: Redevelopment Agreement, Redevelopment Agreement, Redevelopment Agreement

Agreement to Pay Taxes. Redeveloper agrees to pay all real property taxes levied upon the Redeveloper Property and Private Improvements prior to the times such taxes become delinquent. This contractual obligation to pay such taxes prior to delinquency on the part of the Redeveloper shall cease upon expiration of the Tax Increment Period, but the City in no way waives the statutory obligation of Redeveloper to continue to pay real estate taxes. Nothing herein shall be deemed an agreement by Redeveloper to waive its right to protest or contest the valuation of such the Redeveloper Property and Private Improvements for tax purposes except provided herein.

Appears in 2 contracts

Samples: Redevelopment Agreement, Redevelopment Agreement

Agreement to Pay Taxes. Redeveloper agrees to pay all real property taxes levied upon the Redeveloper Property and Private Redeveloper Improvements prior to the times such taxes become delinquent. This contractual obligation to pay such taxes prior to delinquency on the part of the Redeveloper shall cease upon expiration of the Tax Increment Period, but the City in no way waives the statutory obligation of Redeveloper to continue to pay real estate taxes. Nothing herein shall be deemed an agreement by Redeveloper to waive its right to protest or contest the valuation of such Redeveloper Property and Private Redeveloper Improvements for tax purposes except provided herein.

Appears in 1 contract

Samples: Redevelopment Agreement

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Agreement to Pay Taxes. Redeveloper agrees to pay all real property taxes levied upon the Redeveloper Property and Private Redeveloper Improvements prior to the times such time the taxes become delinquent. This The contractual obligation by Redeveloper to pay such taxes prior to delinquency on the part of the Redeveloper shall cease upon expiration of the Tax Increment Period, but the City in no way waives the statutory obligation of Redeveloper to continue to pay real estate taxes. Nothing herein This provision shall not be deemed an agreement by Redeveloper to waive its a waiver of the right to protest or contest the valuation of such the Redeveloper Property and Private or Redeveloper Improvements for tax purposes except provided hereinpurposes.

Appears in 1 contract

Samples: Redevelopment Agreement

Agreement to Pay Taxes. Redeveloper agrees to pay all real property taxes levied upon the Redeveloper Property and Private Improvements prior to the times such taxes become delinquent. This contractual obligation to pay such taxes prior to delinquency on the part of the Redeveloper shall cease upon expiration of the Tax Increment Period, but the City in no way waives the statutory obligation of Redeveloper to continue to pay real estate taxes. Nothing herein shall be deemed an agreement by Redeveloper to waive its right to protest or contest the valuation of such the Redeveloper Property and Private Improvements for tax purposes except as provided hereinin Section 401.

Appears in 1 contract

Samples: Redevelopment Agreement

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