Neighborhood Improvement District Special Assessments Sample Clauses

Neighborhood Improvement District Special Assessments. The Developer shall petition City to establish a Neighborhood Improvement District ("NID") having exterior boundaries coterminous with the boundaries of Redevelopment Area - Project 1 as legally described in Exhibit B and Redevelopment Area – Project 2 as legally described in Exhibit C. The NID shall provide for the imposition of special assessments upon the property within the NID, including the Private Project Improvements in the Redevelopment Area, in an amount sufficient to pay in full the cost of the Phase II Public Project Improvements, the acquisition of all of the Highway Right of Way, and the construction of the Phase III TIF Public Project Improvements to be funded by the TIF Obligations as specified in Exhibit H, together with interest thereon, over a period of time mutually agreed to by the City and Developer. The Developer shall petition the City to establish the NID promptly after the Reimbursable Project Costs have been determined. The City will pledge its right to receive payments of special assessments from the NID as collateral for the payment of the TIF Obligations. The City shall not issue neighborhood improvement district bonds or otherwise lend its credit to secure the TIF Obligations.
Sample 1
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Related to Neighborhood Improvement District Special Assessments

  • PUBLIC IMPROVEMENT DISTRICTS If the Property is in a public improvement district,

  • Real Estate Taxes and Special Assessments The 2022 calendar year real estate taxes due and payable in 2023 shall be paid by Seller. Seller shall credit Buyer(s) at closing for said 2022 real estate taxes payable in 2023 based on the most recent ascertainable tax figures. Xxxxx is responsible for all subsequent real estate taxes.

  • Initial Assessment A Board-designated Administrator shall determine whether the alleged conduct merits an investigation.

  • School Improvement Plan As permitted under IC § 20-10.2-3-1.5, the Charter shall serve as the Charter School's strategic and continuous school improvement and achievement plan (hereafter, the "School Improvement Plan"). To the extent that IC § 20-10.2 applies to the Charter in its function as the School Improvement Plan, the Organizer shall comply with the requirements under IC § 20-10.2.

  • School Improvement The conditions which follow shall govern employee participation in any and all plans, programs, or projects included in the terms, site-based decision making, school improvement, effective schools as provided in Act 197, P.A. 1987 (Section 15.1919 (919b) MSA) or other similar plans:

  • School Improvement Plans The School shall develop and implement a School Improvement Plan as required by section 1002.33(9)(n), Florida Statutes and applicable State Board of Education Rules or applicable federal law.

  • PROPERTY IMPROVEMENTS Improvements placed on National Forest System land at the direction of either of the parties, shall thereupon become property of the United States, and shall be subject to the same regulations and administration of the Forest Service as other National Forest improvements of a similar nature. No part of this instrument shall entitle the cooperator to any share or interest in the project other than the right to use and enjoy the same under the existing regulations of the Forest Service.

  • EDUCATIONAL IMPROVEMENT A leave of absence without pay of up to one (1) contract year may be granted to any employee, upon application, for the purpose of engaging in study at an accredited college or university reasonably related to professional responsibilities.

  • MAINTENANCE OF THE BUILDING /APARTMENT / PROJECT The Promoter shall be responsible to provide and maintain essential services in the Project till the taking over of the maintenance of the project by the Association upon the issuance of the completion certificate of the Project. The cost of such maintenance has been included in the Total Extras and Deposits as mentioned in clause 1.2.

  • Asset Improvement 5. (a) The Bank shall not, directly or indirectly, extend or renew any credit to or for the benefit of any borrower, including any related interest of the borrower, who is obligated to the Bank in any manner on any extension of credit or portion thereof that has been charged off by the Bank or classified, in whole or in part, “loss” in the Report of Examination or in any subsequent report of examination, as long as such credit remains uncollected.

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