Common use of Tax Incentive Cap Clause in Contracts

Tax Incentive Cap. The City shall not be obligated to pay TIF Incentive in excess of the total amount of Qualified Expenses incurred and paid by Developer.

Appears in 10 contracts

Samples: Development Agreement, Development Agreement, Development Agreement

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Tax Incentive Cap. The City shall not be obligated to pay TIF Incentive in excess of the lesser of eight hundred thousand dollars ($800,000.00) or the total amount of Qualified Expenses incurred and paid by Developer.

Appears in 3 contracts

Samples: Development Agreement, Development Agreement, Development Agreement

Tax Incentive Cap. The City shall not be obligated to pay TIF Incentive in excess of the total amount of Qualified Expenses Expenditures incurred and paid by Developer.

Appears in 3 contracts

Samples: Development Agreement, Development Agreement, Development Agreement

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Tax Incentive Cap. The City shall not be obligated to pay TIF Incentive in excess of the lesser of the total amount of Qualified Expenses incurred and paid by Developer.

Appears in 1 contract

Samples: Development Agreement

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