Common use of PLEDGE OF FUNDS Clause in Contracts

PLEDGE OF FUNDS. The City and the Board pledge to use Available Tax Increment, as reimbursement to Developer for approved Project Costs, up to the maximum total amount specified herein, excluding tax revenue collected after September 30, 2025, subject to the terms and conditions herein, priority of payment schedule, and termination of the TIRZ.

Appears in 2 contracts

Samples: The Andy Project Development Agreement, Mobile Food Truck Park Project Development Agreement

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PLEDGE OF FUNDS. The City and the Board pledge to use Available Tax Increment, as reimbursement to Developer for approved Project Costs, up to the maximum total amount specified herein, excluding tax revenue collected after September 30, 2025, subject to the terms and conditions herein, priority of payment scheduleavailability of funds, and termination of the TIRZ.

Appears in 2 contracts

Samples: Healy Murphy Child Development Center Project Development Agreement, Alamo Inn

PLEDGE OF FUNDS. The City and the Board pledge to use Available Tax Increment, as reimbursement to Developer for approved and eligible Project Costscosts, up to the maximum total amount specified herein, excluding including tax revenue collected one calendar year after September 30, 20252031 that was due prior to such date, subject to the terms and conditions herein, priority of payment schedule, and termination of the TIRZ.

Appears in 1 contract

Samples: Museum Reach Project Development Agreement

PLEDGE OF FUNDS. The City and the Board pledge to use Available Tax Increment, as reimbursement to Developer for approved and eligible Project Costscosts, up to the maximum total amount specified herein, excluding tax revenue collected after September 30, 2025, subject to the terms and conditions herein, priority of payment schedule, and termination of the TIRZ.

Appears in 1 contract

Samples: Signifcant Marker Project Funding Agreement

PLEDGE OF FUNDS. The City and the Board pledge to use Available Tax Increment, as reimbursement to Developer for approved and eligible Project Costscosts, up to the maximum total amount specified herein, excluding tax revenue collected after September 30, 20252031, subject to the terms and conditions herein, priority of payment schedule, availability of funds and termination of the TIRZ.

Appears in 1 contract

Samples: Broadway Jones Apartments Development Agreement

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PLEDGE OF FUNDS. The City and the Board pledge to use Available Tax Increment, as reimbursement to Developer for approved and eligible Project Costscosts, up to the maximum total amount specified herein, excluding tax revenue collected after September 30, 20252027, subject to the terms and conditions herein, priority of payment schedule, and termination of the TIRZ.

Appears in 1 contract

Samples: Village at Roosevelt Project Development Agreement

PLEDGE OF FUNDS. The City and the Board pledge to use Available Tax Increment, as reimbursement to Developer for approved and eligible Project Costs, up to the maximum total amount specified herein, excluding tax revenue collected after September 30, 20252046, subject to the terms and conditions herein, priority of payment schedulepayment, and termination of the TIRZ.

Appears in 1 contract

Samples: Nabors Project Development Agreement

PLEDGE OF FUNDS. The City and the Board pledge to use Available Tax Increment, as reimbursement to Developer for approved and eligible Project Costs, up to the maximum total amount specified herein, excluding tax revenue collected after September 30, 2025after, subject to the terms and conditions herein, priority of payment schedulepayment, and termination of the TIRZ.

Appears in 1 contract

Samples: MLK Place Project Development Agreement

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