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 availability of funds, and termination of the TIRZ.

Appears in 2 contracts

Samples: Development Agreement, 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 availability of fundsschedule, and termination of the TIRZ.

Appears in 2 contracts

Samples: Development Agreement, 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 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 availability of fundsschedule, and termination of the TIRZ.

Appears in 1 contract

Samples: 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 availability of fundspayment, and termination of the TIRZ.

Appears in 1 contract

Samples: 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, 20252027, subject to the terms and conditions herein, priority of payment availability of fundsschedule, and termination of the TIRZ.

Appears in 1 contract

Samples: 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, 2025, subject to the terms and conditions herein, priority of payment availability of fundsschedule, and termination of the TIRZ.

Appears in 1 contract

Samples: 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, funds and termination of the TIRZ.

Appears in 1 contract

Samples: 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 availability of fundspayment, and termination of the TIRZ.

Appears in 1 contract

Samples: Development Agreement

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