Common use of Statement of proposed method of financing the redevelopment project Clause in Contracts

Statement of proposed method of financing the redevelopment project. The developer will provide all necessary financing for the project. The Authority will assist the project by granting the sum of $886,965 from the proceeds of the TIF Indebtedness issued by the Authority. This indebtedness will be repaid from the Tax Increment Revenues generated from the project. TIF revenues shall be made available to repay the original debt and associated interest after January 1, 2022 through December 2034 or as agreed to in the TIF agreement.

Statement of proposed method of financing the redevelopment project. The developer will provide all necessary financing for the project. The Authority will assist the project by granting the sum of $886,965 112,380 from the proceeds of the TIF Indebtedness issued by the AuthorityTIF. This indebtedness will be repaid from the Tax Increment Revenues generated from the project. TIF revenues shall be made available to repay the original debt and associated interest after January 1, 2022 through December 2034 or as agreed to in the TIF agreement2036.

Statement of proposed method of financing the redevelopment project. The developer will provide all necessary financing for the project. The Authority will assist the project by granting the sum of $886,965 2,967,963 from the proceeds of the TIF Indebtedness issued by the AuthorityTIF. This indebtedness will be repaid from the Tax Increment Revenues generated from the project. TIF revenues shall be made available to repay the original debt and associated interest after January 1, 2022 2025 through December 2034 or as agreed to in the TIF agreement2046.

Statement of proposed method of financing the redevelopment project. The developer will provide all necessary financing for the project. The Authority will assist the project by granting the sum of $886,965 1,165,090 from the proceeds of the TIF Indebtedness issued by the AuthorityTIF. This indebtedness will be repaid from the Tax Increment Revenues generated from the project. TIF revenues shall be made available to repay the original debt and associated interest after January 1, 2022 2021 through December 2034 or as agreed to in the TIF agreement2039.

Statement of proposed method of financing the redevelopment project. The developer will provide all necessary financing for the project. The Authority will assist the project by granting the sum of $886,965 159,800 from the proceeds of the TIF Indebtedness issued by the AuthorityTIF. This indebtedness will be repaid from the Tax Increment Revenues generated from the project. TIF revenues shall be made available to repay the original debt and associated interest after January 1, 2022 2021 through December 2034 or as agreed to in the TIF agreement2034.

Statement of proposed method of financing the redevelopment project. The developer will provide all necessary financing for the project. The Authority will assist the project by granting the sum of $886,965 123,400 from the proceeds of the TIF Indebtedness issued by the AuthorityTIF. This indebtedness will be repaid from the Tax Increment Revenues generated from the project. TIF revenues shall be made available to repay the original debt and associated interest after January 1, 2022 2024 through December 2034 or as agreed to in the TIF agreement2038.

Statement of proposed method of financing the redevelopment project. The developer will provide all necessary financing for the project. The Authority will assist the project by granting the sum of $886,965 263,200 from the proceeds of the TIF Indebtedness issued by the AuthorityTIF. This indebtedness will be repaid from the Tax Increment Revenues generated from the project. TIF revenues shall be made available to repay the original debt and associated interest after January 1, 2022 2024 through December 2034 or as agreed to in the TIF agreement2039.

Statement of proposed method of financing the redevelopment project. The developer will provide all necessary financing for the project. The Authority will assist the project by granting the sum of $886,965 360,000 from the proceeds of the TIF Indebtedness issued by the AuthorityTIF. This indebtedness will be repaid from the Tax Increment Revenues generated from the project. TIF revenues shall be made available to repay the original debt and associated interest after January 1, 2022 through December 2034 or as agreed to in the TIF agreement2035.

Statement of proposed method of financing the redevelopment project. The developer will provide all necessary financing for the projectproject except the financing provided by the issuance of the TIF Indebtedness. The Authority will assist the project by granting the sum of $886,965 5,800,000 from the proceeds of the TIF Indebtedness issued by the Authority. This indebtedness will be repaid from the Tax Increment Revenues generated from the project. TIF revenues shall be made available to repay the original debt and associated interest after January 1, 2022 through December 2034 or as agreed according to in the TIF agreementapproved contract.

Statement of proposed method of financing the redevelopment project. The developer will provide all necessary financing for the project. The Authority will assist the project by granting the sum of $886,965 52,768 from the proceeds of the TIF Indebtedness issued by the AuthorityTIF. This indebtedness will be repaid from the Tax Increment Revenues generated from the project. TIF revenues shall be made available to repay the original debt and associated interest after January 1, 2022 2018 through December 2034 or as agreed to in the TIF agreement2032.

Statement of proposed method of financing the redevelopment project. The developer will provide all necessary financing for the project. The Authority will assist the project by granting the sum of not less than $886,965 318,285 from the proceeds of the TIF Indebtedness issued by the Authority. This indebtedness will be repaid from the Tax Increment Revenues generated from the project. TIF revenues shall be made available to repay the original debt and associated interest after January 1, 2022 through December 2034 or as agreed according to in the TIF agreementapproved contract.

Statement of proposed method of financing the redevelopment project. The developer will provide all necessary financing for the project. The Authority will assist the project by granting the sum of $886,965 603,425 from the proceeds of the TIF Indebtedness issued by the Authorityit is anticipated that this will generate a loan of $420,000. This indebtedness will be repaid from the Tax Increment Revenues generated from the project. TIF revenues shall be made available to repay the original debt and associated interest after January 1, 2022 2019 through December 2034 or as agreed to in the TIF agreement2033.

Statement of proposed method of financing the redevelopment project. The developer will provide all necessary financing for the project. The Authority will assist the project by granting the sum of $886,965 199,000 from the proceeds of the TIF Indebtedness issued by the AuthorityTIF. This indebtedness will be repaid from the Tax Increment Revenues generated from the project. TIF revenues shall be made available to repay the original debt and associated interest after January 1, 2022 2021 through December 2034 or as agreed to in the TIF agreement2034.

Statement of proposed method of financing the redevelopment project. The developer will provide all necessary financing for the project. The Authority will assist the Legacy 34 2022 project by granting the sum of $886,965 14,430,226 from the proceeds of the TIF Indebtedness issued by the AuthorityTIF. This indebtedness will be repaid from the Tax Increment Revenues generated from the project. TIF revenues shall be made available to repay the original debt and associated interest after January 1, 2022 2023 through December 2034 or as agreed to in the TIF agreement2044.

Statement of proposed method of financing the redevelopment project. The developer will provide all necessary financing for the project. The Authority will assist the project by granting the sum of $886,965 530,004 from the proceeds of the TIF Indebtedness issued by the AuthorityTIF. This indebtedness will be repaid from the Tax Increment Revenues generated from the project. TIF revenues shall be made available to repay the original debt and associated interest after January 1, 2022 2021 through December 2034 or as agreed to in the TIF agreement2034.