Financing Parameters. (a) Any public financing shall be secured solely by assessments or special taxes levied within the respective district, proceeds of the bonds issued that are placed in a bond fund, reserve fund or other such fund for the financing and investment earnings thereon. City’s general fund shall not, unless otherwise agreed in writing by City, be pledged to the repayment of any public financing.
Appears in 3 contracts
Samples: Development Agreement, Development Agreement, Development Agreement
Financing Parameters. (a) 4.2.3.1 Any public financing shall be secured solely by assessments or special taxes levied within the respective district, proceeds of the bonds issued that are placed in a bond fund, reserve fund or other such fund for the financing and investment earnings thereon. City’s general fund shall not, unless otherwise agreed in writing by City, not be pledged to the repayment of any public financing.
Appears in 1 contract
Samples: Development Agreement
