Common use of Tax Increment Financing District Clause in Contracts

Tax Increment Financing District. Pursuant to the Minnesota Tax Increment Financing Act, Minnesota Statutes, Sections 469.174 to 469.1799, as amended (the “TIF Act”), the City has approved a tax increment financing plan (the “Financing Plan”), which is the proposed method for financing special assessments and infrastructure fees relating to the Project. Pursuant to the Financing Plan, the Tax Increment Financing District Number 12 has been established as an economic development district under the TIF Act.

Tax Increment Financing District. Pursuant to the Minnesota Tax Increment Financing Act, Minnesota Statutes, Sections 469.174 to 469.1799, as amended (the “TIF Act”), the City has approved a tax increment financing plan (the “Financing Plan”), which is the proposed method for financing special assessments site acquisition and infrastructure fees site improvements relating to the Project. Pursuant to the Financing Plan, the Tax Increment Financing District Number 12 has been established as an economic development a redevelopment district under the TIF Act.

Tax Increment Financing District. Pursuant to the Minnesota Tax Increment Financing Act, Minnesota Statutes, Sections 469.174 to 469.1799, as amended (the “TIF Act”), the City will approve or has approved a tax increment financing plan (the “Financing Plan”), which is the proposed method for financing special assessments and infrastructure fees public improvements relating to the Project. Pursuant to the Financing Plan, the Tax Increment Financing District Number 12 16 has been established as an economic development district under the TIF Act.

Tax Increment Financing District. Pursuant to the Minnesota Tax Increment Financing Act, Minnesota Statutes, Sections 469.174 to 469.1799, as amended (the “TIF Act”), the City has approved a tax increment financing plan (the “Financing Plan”), which is the proposed method for financing special assessments and infrastructure fees relating to the Project. Pursuant to the Financing Plan, the Tax Increment Financing District Number 12 has been established as an economic development district under the TIF Act.