Common use of City Transportation Millages Clause in Contracts

City Transportation Millages. a. After all of the Section 8 contingencies to Closing are satisfied, Xxx Arbor agrees to designate the New TA, as successor to AATA, as the contracting agency for use of the 2.5 xxxxx tax xxxx under Section 8.18 of the Xxx Arbor City Charter and allocated the tax levy in its entirely to AATA at the 2012 millage rate or as adjusted by State of Michigan statute less a municipal service charge of one percent (1%) of the annual millage at the time of the collection of taxes.

Appears in 10 contracts

Samples: Public Transportation Agreement, Public Transportation Agreement, annarborchronicle.com

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