Common use of TIF Assistance Clause in Contracts

TIF Assistance. To finance certain costs with the TIF District, the City proposes, subject to the further provisions of this Agreement, to apply the tax increments derived from the Property which have been received by the City in accordance with the provisions of Minnesota Statutes Section 469.177 (the “Tax Increments”) to assist Developer with financing the cost of outstanding special assessments and infrastructure fees, which include sewer and water availability charges, on the Property.

TIF Assistance. To finance certain costs with the TIF District, the City proposes, subject to the further provisions of this Development Agreement, to apply the tax increments derived from the Property which have been received by the City in accordance with the provisions of Minnesota Statutes Section 469.177 (the “Tax Increments”) to assist Developer with financing the cost of outstanding special assessments and infrastructure fees, which include sewer and water availability charges, on public improvements serving the Property.

TIF Assistance. To finance certain costs with the TIF District, the City proposes, subject to the further provisions of this Agreement, to apply the tax increments derived from the Property which have been received by the City in accordance with the provisions of Minnesota Statutes Section 469.177 (the “Tax Increments”) to assist Developer with financing the cost of outstanding special assessments and infrastructure feesfees specified in Section 1.7 herein, which include sewer and water availability charges, on the Property.

TIF Assistance. To finance certain qualifying costs with the TIF District, the City proposesand the EDA propose, subject to the further provisions of this Agreement, to apply the tax increments derived from the Property which have been received by the City in accordance with the provisions of Minnesota Statutes Section 469.177 (the “Tax Increments”) to (a) assist Developer with financing the cost of outstanding special assessments qualifying site acquisition costs and infrastructure fees, which include sewer and water availability charges, site improvements on the Property and (b) reimburse the EDA and City for certain TIF-eligible expenses related to acquisition of and improvements to the Property.