Common use of Tax Increment Financing Clause in Contracts

Tax Increment Financing. The Redevelopment Agreement provides for the capture of the Tax Increment, as defined therein, by the CDA of the private improvements to be made by the Redeveloper for a period not to exceed fifteen (15) years after the Effective Date of each phase of the Project. The Tax Increment so captured by the CDA shall be used to make the public improvements as described in the Redevelopment Agreement. The Effective Date for this phase of the Project is January 1, 20 .

Tax Increment Financing. The Redevelopment Agreement provides for the capture of the Tax Increment, as defined therein, by the CDA of the private improvements to be made by the Redeveloper for a period not to exceed fifteen (15) years after the Effective Date of each phase of set forth in the ProjectRedevelopment Agreement. The Tax Increment so captured by the CDA shall be used to make the public improvements Public Improvements as described in the Redevelopment Agreement. The Effective Date for this phase of the Project is January 1, 20 .

Tax Increment Financing. The Redevelopment Agreement provides for the capture of the Tax Increment, as defined therein, by the CDA of the private improvements to be made by the Redeveloper for a period not to exceed fifteen (15) years after the Effective Date of each phase of Date, as defined in the ProjectRedevelopment Agreement. The Tax Increment so captured by the CDA shall be used to make pay debt service on the public improvements as described in TIF Indebtedness incurred pursuant to the Redevelopment Agreement. The Effective Date for this phase of the Project is January 1, 20 .