Common use of No Increment from Other Areas Clause in Contracts

No Increment from Other Areas. The Parties recognize and agree that in accordance with the DDA, the Shipyard Redevelopment Plan and the BVHP Redevelopment Plan, no property tax increment or bond proceeds from areas other than the Project Site (other than the Citywide Housing Advance) will be made available for the Project.

Appears in 4 contracts

Samples: Attachment H 1, Attachment H 1, Tax Increment Allocation Pledge Agreement

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No Increment from Other Areas. The Parties recognize and agree that in accordance with the DDA, the Shipyard Redevelopment Plan and the BVHP Redevelopment Plan, no property tax increment or bond proceeds from areas other than the Project Site (other than the Citywide Housing AdvanceAdvanceaffordable housing funds from outside the Project Site) will be made available for the Project.

Appears in 2 contracts

Samples: Tax Increment Allocation Pledge Agreement, Tax Increment Allocation Pledge Agreement

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No Increment from Other Areas. The Parties recognize and agree that in accordance with the DDA, the Shipyard Redevelopment Plan and the BVHP Redevelopment Plan, no property tax increment or bond proceeds from areas other than the Project Site (other than affordable housing funds from outside the Citywide Housing AdvanceProject Site) will be made available for the Project.

Appears in 1 contract

Samples: Pledge Agreement

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