Common use of No TIF Bonds Clause in Contracts

No TIF Bonds. Developer hereby understands and agrees that all reimbursements to Developer hereunder shall be made only from TIF Financing, and nothing in this Agreement shall in any way obligate the UG to issue bonds or other obligations to reimburse Developer for the TIF Eligible Expenses or any other Project Costs.

Appears in 2 contracts

Samples: Development Agreement, Development Agreement

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No TIF Bonds. Developer hereby understands and agrees that all reimbursements to Developer hereunder shall be made only from Pay-Go TIF Financing, and nothing in this Agreement shall in any way obligate the UG to issue bonds or other obligations to reimburse Developer for the TIF Eligible Expenses or any other Project Costs.

Appears in 1 contract

Samples: Development Agreement

No TIF Bonds. Developer hereby understands and agrees that all reimbursements to Developer hereunder shall be made only from TIF Financing, and nothing in this Agreement shall in any way obligate the UG to issue bonds or other obligations to reimburse Developer for the TIF Eligible Expenses or any other Project CostsExpenses.

Appears in 1 contract

Samples: Redevelopment Agreement

No TIF Bonds. Developer hereby understands and agrees that all reimbursements to the Developer hereunder shall be made only from Pay-As-You-Go TIF Financing, and nothing in this Agreement shall in any way obligate the UG City to issue bonds or other obligations to reimburse Developer for the Eligible TIF Eligible Expenses or any other Project Costscosts of the Project.

Appears in 1 contract

Samples: Vue Redevelopment Agreement

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No TIF Bonds. Developer hereby understands and agrees that all reimbursements to the Developer hereunder shall be made only from Pay-As-You-Go TIF Financing, and nothing in this Agreement shall in any way obligate the UG City to issue bonds or other obligations to reimburse Developer for the TIF Eligible Expenses or any other Project Costscosts of the Project.

Appears in 1 contract

Samples: Redevelopment Agreement

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