Common use of Projected TIF Sources and Uses Clause in Contracts

Projected TIF Sources and Uses. In addition to the TIF Indebtedness calculation formula set forth on Exhibit “B”, the anticipated TIF sources and eligible uses are set forth on the attached and incorporated Exhibit “C”. The projected uses of the TIF funds are eligible under the Act, and are estimates which shall be confirmed upon construction completion and certified by the Redevelopers under Section 4.02 below.

Projected TIF Sources and Uses. In addition to the TIF Indebtedness calculation formula set forth on Exhibit “B”, the Redeveloper’s anticipated TIF sources and eligible uses are set forth on the attached and incorporated for the parties’ reference as Exhibit “CC.”. The projected uses of the TIF funds are eligible under the Act, and are estimates which shall be confirmed upon construction completion and certified by the Redevelopers under Section 4.02 below.