Common use of PLEDGE OF FUNDS Clause in Contracts

PLEDGE OF FUNDS. The City and the Board pledge to use available Tax Increment funding from increment levied and collected from the Project Site (whether or not owned by Developer), as reimbursement to Developer for approved and eligible Project Costs, up to the Maximum Reimbursement Amount and termination of the TIRZ.

PLEDGE OF FUNDS. The City and the Board pledge to use available Tax Increment funding from increment levied and collected from the Project Site (whether or not owned by Developer)Site, as reimbursement to Developer for approved and eligible Project Costs, up to the Maximum Reimbursement Amount and termination of the TIRZ.

PLEDGE OF FUNDS. The City and the Board pledge to use available Tax Increment funding from increment levied and collected from the Project Site (whether or not owned by Developer), real property within the TIRZ as reimbursement to Developer for approved and eligible Project Costs, up to the Maximum Reimbursement Amount and termination of the TIRZ.

PLEDGE OF FUNDS. The City and the Board pledge to use available Tax Increment funding from increment levied and collected from the Project Site (whether or not owned by Developer)funding, as reimbursement to Developer for approved and eligible Project Costs, up subject to the Maximum Reimbursement Amount terms and conditions herein, priority of payment schedule, and termination of the TIRZ.