Common use of CID Sales Tax Clause in Contracts

CID Sales Tax. The City hereby agrees that the CID Improvements may be financed and reimbursed with Pay-As-You-Go CID Financing, and payable from revenues received from the imposition of a CID Sales Tax in the amount of one percent (1%) on the sale of tangible personal property at retail or rendering or furnishing services which are taxable pursuant to the Kansas Retailers' Sales Tax Act (K.S.A. 79-3601 et seq.) within the District. The Developer agrees to provide to the Kansas Department of Revenue (the "DOR") a list of tenants within the District within the timeframes required by the DOR, so that the DOR can notify tenants within the District of their requirement to collect a CID Sales Tax beginning on that certain date which is set forth in Recital E of this Agreement. At the time the list of tenants is provided to the DOR, the Developer shall also provide a copy to the City.

Appears in 4 contracts

Samples: Center Redevelopment Agreement, Center Redevelopment Agreement, Commons Redevelopment Agreement

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CID Sales Tax. The City hereby agrees that the CID Improvements may be financed and reimbursed with Pay-As-You-Go CID FinancingFinancing (as defined below), and payable from consisting of revenues received from the imposition of a CID Sales Tax in the amount of one percent (1%) on the sale of tangible personal property at retail or the rendering or furnishing of services which are taxable pursuant to the Kansas Retailers' Sales Tax Act (K.S.A. 79-3601 et seq.) within the District. The Developer agrees to provide to the Kansas Department of Revenue (the "DOR") a list of tenants within the District within the timeframes required by the DOR, so that the DOR can notify tenants within the District of their requirement to collect a CID Sales Tax beginning on that certain date which is set forth in Recital E of this Agreement. At the time the list of tenants is provided to the DOR, the Developer shall also provide a copy to the City.

Appears in 2 contracts

Samples: Plaza Redevelopment Agreement, Plaza Redevelopment Agreement

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CID Sales Tax. The City hereby agrees that the CID Improvements may be financed and reimbursed with Pay-As-You-Go CID FinancingFinancing (as defined below), and payable from consisting of revenues received from the imposition of a CID Sales Tax sales tax in the amount of one percent (1%) on the sale of tangible personal property at retail or the rendering or furnishing of services which are taxable pursuant to the Kansas Retailers' Sales Tax Act (K.S.A. 79-3601 et seq.) within the DistrictCID District (the "CID Sales Tax"). The Developer agrees to provide to the Kansas Department of Revenue (the "DOR") a list of tenants within the CID District within the timeframes required by the DOR, so that the DOR can notify tenants within the CID District of their requirement to collect a CID Sales Tax beginning on that certain date which is set forth in Recital E I of this Agreement. At the time the list of tenants is provided to the DOR, the Developer shall also provide a copy to the City.

Appears in 1 contract

Samples: Vue Redevelopment Agreement

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