Common use of City’s Obligations Limited to Special Allocation Fund and Bond Proceeds Clause in Contracts

City’s Obligations Limited to Special Allocation Fund and Bond Proceeds. Notwithstanding any other term or provision of this Agreement, the TIF Notes issued by the City for Reimbursable Redevelopment Project Costs are payable only from the Special Allocation Fund, from District Revenues (to the extent such District Revenues are made available to the City or any Trustee for the TIF Obligations), from Bond Proceeds and from no other source.

Appears in 1 contract

Samples: Redevelopment Agreement

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City’s Obligations Limited to Special Allocation Fund and Bond Proceeds. Notwithstanding any other term or provision of this Agreement, the TIF Notes issued by the City for Reimbursable Redevelopment Project Costs are payable only from the Special Allocation FundAvailable Revenues and Bond Proceeds, and not from District Revenues (to the extent such District Revenues are made available to the City or any Trustee for the TIF Obligations), from Bond Proceeds and from no other other source.

Appears in 1 contract

Samples: Redevelopment Agreement

City’s Obligations Limited to Special Allocation Fund and Bond Proceeds. Notwithstanding any other term or provision of this Agreement, the TIF Notes issued by the City for Reimbursable Redevelopment Project Costs are payable only from the Special Allocation Fund, from District Revenues (to the extent such District Revenues are made available to the City or any Trustee for the TIF Obligations, as set forth in the District Project Agreement), from Bond Proceeds and from no other source.

Appears in 1 contract

Samples: Redevelopment Agreement

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City’s Obligations Limited to Special Allocation Fund and Bond Proceeds. Notwithstanding any other term or provision of this Agreement, the TIF Notes issued by the City to the Developer for Reimbursable Redevelopment Project Costs are payable only from the Pilots Account and the Economic Activity Tax Account of the Special Allocation Fund, from District Revenues (to the extent such District Revenues are made available to the City or any Trustee for the TIF Obligations), Fund and from Bond Proceeds and from no other source.

Appears in 1 contract

Samples: Redevelopment Agreement

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