Common use of Escalation of Special Tax Rates Clause in Contracts

Escalation of Special Tax Rates. The total projected taxes levied for a CFD must not exceed any maximum specified in the CFD Act. Each RMA will provide for annual increases in the Project Special Tax rates allowed under CFD Act unless Developer and the Agency agree otherwise.

Appears in 3 contracts

Samples: Financing Plan, Financing Plan, Financing Plan

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Escalation of Special Tax Rates. The total projected taxes levied for a CFD must not exceed any maximum specified in the CFD Act. Each RMA will provide for annual increases in the Project Special Tax rates allowed under CFD Act unless Developer and the Agency Authority agree otherwise.

Appears in 1 contract

Samples: Disposition and Development Agreement

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