Common use of Property Tax Exemption Clause in Contracts

Property Tax Exemption. Subject to Council approval being obtained, the City shall exempt the Project from taxation for municipal and school purposes for the duration of the Affordability Period.

Appears in 3 contracts

Samples: Of Contribution Agreement, Contribution Agreement, Contribution Agreement

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Property Tax Exemption. Subject to Council approval being obtained, the The City shall exempt the Project from taxation for municipal and school purposes for the duration of the Affordability Period.

Appears in 3 contracts

Samples: Contribution Agreement, www.toronto.ca, Contribution Agreement

Property Tax Exemption. Subject to Council approval being obtained, the City shall exempt the Project from taxation for municipal and school purposes for the duration a term of the Affordability Period.XX years;

Appears in 3 contracts

Samples: Contribution Agreement, Contribution Agreement, Contribution Agreement

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Property Tax Exemption. Subject to Council approval being obtained, the The City shall exempt the Project from taxation for municipal and school purposes for the duration a term of the Affordability Period.fifty (50) years;

Appears in 1 contract

Samples: Contribution Agreement

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