Material Changes to the CFD Act. If material changes to the CFD Act after the Reference Date make CFD Bonds or Remainder Taxes unavailable or severely impair their use as a source for financing the Qualified Project Costs or Additional Community Facilities, City and Developer will negotiate in good faith as to a substitute public financing program equivalent in nature and function to CFDs.
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Samples: Development Agreement, Development Agreement, Development Agreement
Material Changes to the CFD Act. If material changes to the CFD Act after the Reference Date make CFD Bonds or Remainder Taxes unavailable or severely impair their use as a source for financing the Qualified Project Costs or Additional Community Facilities, City the Agency and Developer will negotiate in good faith as to a substitute public financing program equivalent in nature and function to CFDs.
Appears in 2 contracts
Material Changes to the CFD Act. If material changes to the CFD Act after the Reference Date make CFD Bonds or Remainder Taxes unavailable or severely impair their use as a source for financing the Qualified Project Costs or Additional Community Facilities, City Authority and Developer will negotiate in good faith as to a substitute public financing program equivalent in nature and function to CFDs.
Appears in 1 contract
