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.
Appears in 2 contracts
Samples: Nicha’s Comida Mexicana Project Development Agreement, Bright Kids
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.
Appears in 2 contracts
Samples: East Meadow Alley Project Development Agreement, Williams Historical National Museum Project Development Agreement
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.
Appears in 1 contract
Samples: Funding Agreement
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.
Appears in 1 contract
Samples: Project Development Agreement
