Common use of Pledge of TIF Revenues Clause in Contracts

Pledge of TIF Revenues. Pursuant to the Resolution, the Agency will pledge the TIF Revenues as security for the TIF Indebtedness as provided herein. The Agency hereby represents that the aggregate mill levy on real property within its jurisdiction for fiscal 2020 is 1.916202. The Agency is not aware of any facts which would result in a material reduction of such mill levy. Based upon the foregoing, and the anticipated construction costs of the Project, the amount of TIF Revenues which the Developer reasonably believes will be generated annually from the Project is set forth in Exhibit D hereto.

Pledge of TIF Revenues. Pursuant to the Resolution, the Agency will pledge the TIF Revenues as security for the TIF Indebtedness Bonds as provided herein. The Agency hereby represents that the aggregate mill levy on real property within its jurisdiction for fiscal 2020 2015 is 1.9162022.042805. The Agency is not aware of any facts which would result in a material reduction of such mill levy. Based upon the foregoing, and the anticipated construction costs of the Project, the amount of TIF Revenues which the Developer reasonably believes will be generated annually from the Project is set forth in Exhibit D hereto.

Pledge of TIF Revenues. Pursuant to the Resolution, the Agency will pledge the TIF Revenues as security for the TIF Indebtedness Bonds as provided herein. The Agency hereby represents that the aggregate mill levy on real property within its jurisdiction for fiscal 2020 2014 is 1.9162022.177554. The Agency is not aware of any facts which would result in a material reduction of such mill levy. Based upon the foregoing, and the anticipated construction costs of the Project, the amount of TIF Revenues which the Developer Company reasonably believes will be generated annually from the Project is set forth in Exhibit D hereto.

Pledge of TIF Revenues. Pursuant to the Resolution, the Agency will pledge the TIF Revenues as security for the TIF Indebtedness Bonds as provided herein. The Agency hereby represents that the aggregate mill levy on real property within its jurisdiction for fiscal 2020 2016 is 1.9162022.042805. The Agency is not aware of any facts which would result in a material reduction of such mill levy. Based upon the foregoing, and the anticipated construction costs of the Project, the amount of TIF Revenues which the Developer reasonably believes will be generated annually from the Project is set forth in Exhibit D hereto.