Limited Liability and Control. The City and the Agency agree that, as between themselves, the Agency will make all decisions regarding the CFDs (including boundaries, tax formulas, use of special tax or bond proceeds, and costs), and all proceeds of bonds and special taxes shall be allocated to the CFDs to be disbursed as determined by the CFDs in accordance with the Financing Plan, and the City will not have any liability for any CFD Bonds.
Appears in 4 contracts
Samples: Tax Increment Allocation Pledge Agreement, Tax Increment Allocation Pledge Agreement, Tax Increment Allocation Pledge Agreement
