Common use of Available Tax Increment Clause in Contracts

Available Tax Increment. Tax increment as defined in the Texas Tax Code, Section 311.012 (a), contributed by each participating taxing entity to the TIRZ Fund, accessible to the TIRZ, and distributed in accordance with the order of priority of payment of the TIRZ.

Available Tax Increment. Tax increment as defined in the Texas Tax Code, Section 311.012 (a), contributed by each participating taxing entity to the TIRZ TIF Fund, accessible to the TIRZ, and distributed in accordance with the order of priority of payment of the TIRZ.