Tax Increment Participation Sample Clauses

Tax Increment Participation. For and in consideration of the agreements of the parties set forth in this Agreement, the County agrees to participate in the Reinvestment Zone by contributing into the Tax Increment Fund 75% of its Tax Increment each year during the term of this Agreement on the Captured Appraised Value of real property within the Reinvestment Zone. The City agrees to participate in the Reinvestment Zone by contributing into the Tax Increment Fund 75% of its Tax Increment each year during the term of the Agreement on the Captured Appraised Value of real property within the Reinvestment Zone up to a total amount of $9,000,000.00. The current tax rates of the City and County are subject to change and the respective Tax Increment Participation in this Agreement pledged shall change to the extent of any change in their tax rates.
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Tax Increment Participation. Brazos County agrees to pay the City annually the Brazos County Tax Increment Participation amount. The tax rate and the portion of the tax rate pledged directly to debt service are subject to change and the Brazos County Tax Increment Participation herein pledged shall change as both Brazos County's tax rate and tax rate pledged to debt service changes. In the event that the City decides to expand the TIRZ #21 Area, Brazos County's Tax Increment Participation shall not extend to the new area unless Brazos County approves the participation.
Sample 1
Tax Increment Participation. For and in consideration of the agreements of the parties set forth in this Agreement, the County agrees to participate in the Reinvestment Zone by contributing into the Tax Increment Fund one hundred percent (100%) of its Tax Increment each year during the term of this Agreement on the Captured Appraised Value of real property within the Reinvestment Zone. The City agrees to participate in the Reinvestment Zone by contributing into the Tax Increment Fund a percentage of its Tax Increment each year as laid out in the Creation Ordinance and in the table below. The maximum City contribution to the Tax Increment Fund throughout the term of this Agreement is $20,000,000. Increment Percentage Tax Year(s) 100% 2019 through 2028 75% 2029 through 2038 The current tax rates of the City and County are subject to change and the respective Tax Increment Participation in this Agreement pledged shall change to the extent of any change in their tax rates.
Sample 1

Related to Tax Increment Participation

  • Program Participation By participating in the CRF Program, Grantee agrees to:

  • COOPERATIVE PURCHASING PROGRAM PARTICIPATION Arkansas' Purchasing Law provides that local public procurement units (counties, municipalities, school districts, certain nonprofit corporations, etc.) may participate in state purchasing contracts. The contractor therefore agrees to sell to Cooperative Purchasing Program participants at the option of the program participants. Unless otherwise stated, all standard and special terms and conditions listed within the contract must be equally applied to such participants.

  • Participation Fee To the Administrative Agent for the account of each Revolving Lender a participation fee with respect to its participations in Letters of Credit, which shall accrue at the Applicable Rate on the average daily amount of such Lender’s LC Exposure (excluding any portion thereof attributable to unreimbursed LC Disbursements) during the period from and including the Closing Date to but excluding the later of the date on which such Lender’s Revolving Commitment terminates and the date on which such Lender ceases to have any LC Exposure;

  • Increment (a) If the Reference Tonnage Handled by all Access Holders plus the Excess Tonnage Shipped by all Access Holders in a Financial Year exceeds the Aggregate Reference Tonnage ("Over-shipment"), DBCT Management will initially hold (or be entitled to hold - if it is has not actually been paid the relevant amount) a portion of the revenue attributable to the Over-shipment of up to and including 2% of the Revenue Cap (the "Provisional Increment") calculated in accordance with Sub¬Section 4 (b) below.

  • Funding Increases Before the Funder can make an allocation of additional funds to the HSP, the parties will:

  • Step Increases (a) The following is the method used to determine service credit, since the last date of hire, for purposes of positioning on the salary range:

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