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
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
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