Common use of Duration of Tax Increment District Clause in Contracts

Duration of Tax Increment District. The Tax Increment District shall exist no longer than through the collection, by the City, of the 2037 second half Tax Increments. The City may choose to decertify the Tax Increment District at an earlier date if the obligations of this Agreement have been met or an Event of Default causes the City to rescind or cancel this Agreement.

Duration of Tax Increment District. The Tax Increment District shall exist no longer than through the collection, by the City, of the 2037 2030 second half Tax Increments. The City may choose to decertify the Tax Increment District at an earlier date if the obligations of this Agreement have been met or an Event of Default causes the City to rescind or cancel this Agreement.

Duration of Tax Increment District. The Tax Increment District shall exist no longer than through the collection, by the CityEDA, of the 2037 2021 second half Tax Increments. The City may choose to decertify the Tax Increment District at an earlier date if the obligations of this Agreement have been met or an Event of Default causes the City EDA to rescind or cancel this Agreement.