Application for Tax Exemption; Urban Renewal Entity Sample Clauses

Application for Tax Exemption; Urban Renewal Entity. The Parties acknowledge that the Project Area cannot be redeveloped with the Redevelopment Project pursuant to the Redevelopment Plan by private capital investment alone, and, therefore, an exemption from ad valorem taxes is necessary for the success of the Redevelopment Project. Following the Effective Date, the Parties shall continue to negotiate terms of such tax exemption. If the Parties agree on such terms, the Redeveloper shall submit to the Township an application for tax exemption in accordance with the Long Term Tax Exemption Law and the terms of such Financial Agreement, which shall provide, inter alia, that Urban Renewal Entity established by the Redeveloper to construct the Redevelopment Project shall make annual payments to the Township in lieu of taxes in an amount set forth in the Financial Agreement. The Redeveloper shall, prior to the execution of the Financial Agreement, create or cause to be created and shall obtain approval of an Urban Renewal Entity in accordance with the Long Term Tax Exemption Law. Upon such creation, this Agreement may be assigned by the Redeveloper to the Urban Renewal Entity to develop the Redevelopment Project and to enter into a Financial Agreement in connection therewith, consistent with the application described above. The Urban Renewal Entity shall be responsible for the Completion of the Redevelopment Project, and the performance of all other Redeveloper obligations in accordance with the terms of this Agreement. The Urban Renewal Entity shall be fully bound by the provisions of this Redevelopment Agreement. At such time as the Urban Renewal Entity executes a Financial Agreement, the Redeveloper shall deliver those documents described in Section 6.03 as to such Urban Renewal Entity and such Financial Agreement. The Agency acknowledges that the Township’s approval of the tax exemption described herein and in the Financial Agreement is an essential element of the Redevelopment Project and that the financial viability of the Redevelopment Project is dependent upon the tax exemption provided for in such Financial Agreement. The Redeveloper acknowledges that the Agency is not authorized to approve such a tax exemption or enter into any Financial Agreement. However, the Agency shall use its good faith and diligent best efforts to cooperate with the Urban Renewal Entity’s application for tax exemption submitted to the Township in connection with the Redevelopment Project in accordance with the terms of this Section...
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Related to Application for Tax Exemption; Urban Renewal Entity

  • Group Tax Exemption Ruling As of the Disaffiliation Date, Local Church shall cease to use, and also shall ensure that any Subsidiaries or affiliates of Local Church which have been included in the group tax exemption ruling shall cease to use, any and all documentation stating that Local Church is included in the denomination’s group tax exemption ruling administered by the General Council on Finance and Administration of The United Methodist Church. Local Church and any of its Subsidiaries and affiliates which have been included in the group tax exemption ruling will be removed as of the Disaffiliation Date.

  • TAX EXEMPTION 18.1 Section 7 of the Convention on the Privileges and Immunities of the United Nations provides, inter-alia that the United Nations, including its subsidiary organs, is exempt from all direct taxes, except charges for public utility services, and is exempt from customs duties and charges of a similar nature in respect of articles imported or exported for its official use. In the event any governmental authority refuses to recognize the United Nations exemption from such taxes, duties or charges, the Contractor shall immediately consult with the UNDP to determine a mutually acceptable procedure.

  • Business Tax Certificate Unless the City Treasurer determines in writing that a contractor is exempt from the payment of business tax, any contractor doing business with the City of San Diego is required to obtain a Business Tax Certificate (BTC) and to provide a copy of its BTC to the City before a Contract is executed.

  • Franchise Tax Certification If PROVIDER is a taxable entity subject to the Texas Franchise Tax (Chapter 171, Texas Tax Code), then PROVIDER certifies that it is not currently delinquent in the payment of any franchise (margin) taxes or that PROVIDER is exempt from the payment of franchise (margin) taxes.

  • SALES TAX EXEMPTION The Services under the Contract will be paid for from the Department’s funds and used in the exercise of the Department’s essential functions as a State of Utah entity. Upon request, the Department will provide Contractor with its sales tax exemption number. It is Contractor’s responsibility to request the Department’s sales tax exemption number. It is Contractor’s sole responsibility to ascertain whether any tax deductions or benefits apply to any aspect of the Contract.

  • Please see the current Washtenaw Community College catalog for up-to-date program requirements Secondary / Post-Secondary Program Alignment Welding HIGH SCHOOL COURSE SEQUENCE 9th Grade 10th Grade 11th Grade 12th Grade English 9 Algebra I World History/Geography Biology World Language Phys Ed/Health English 10 Geometry U.S. History/Geography Physics or Chemistry World Language Visual/Performing/Applied Arts English 11 Algebra II Civics/Economics Welding English 12 Math Credit Science Credit Welding WASHTENAW COMMUNITY COLLEGE Welding Associate in Applied Science Semester 1 Math Elective(s)* 3 WAF 105 Introduction to Welding Processes 2 WAF 111 Oxy-fuel Welding 4 WAF 112 Shielded Metal Arc Welding 4 Semester Total 13 Semester 2 Speech Elective(s) 3 WAF 106 Blueprint Reading for Welders 3 WAF 123 Advanced Oxy-fuel Welding 4 WAF 124 Advanced Shielded Metal Arc Welding 4 Semester Total 14 Semester 3 Arts/Human. Elective(s) 3 Computer Lit. Elective(s) 3 WAF 215 Advanced Gas Tungsten Arc Welding 4 WAF 288 Gas Metal Arc Welding 4 Semester Total 14 Semester 4 WAF 200 Layout Theory Welding 3 WAF 210 Welding Metallurgy 3 Soc. Sci. Elective(s) 3 WAF 226 Specialized Welding Procedures 4 Semester Total 13 Semester 5 Nat. Sci. Elective(s) 4 WAF 227 Basic Fabrication 3 WAF 229 Shape Cutting Operations 3 Writing Elective(s) 3 Semester Total 13 Program Totals 67

  • Tax Exemptions Ontario Universities and College Residences are tax-exempt and Residents are not charged taxes on Residence fees. As such, the Resident may claim only $25 as the occupancy cost for the part of the year lived in Residence. If filing either a paper or an electronic income tax return, the Resident does not need to include receipts with the tax return. For that reason, Humber Residences does not provide tax receipts.

  • Certification for Federal-Aid Contracts Lobbying Activities A. The CONSULTANT certifies, by signing and submitting this Contract, to the best of its knowledge and belief after diligent inquiry, and other than as disclosed in writing to the LPA prior to or contemporaneously with the execution and delivery of this Contract by the CONSULTANT, the CONSULTANT has complied with Section 1352, Title 31, U.S. Code, and specifically, that:

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