TIF District. The TIF District is an “economic development district” within the meaning of Minnesota Statutes Section 469.174, Subdivision 12, and was created, adopted and approved in accordance with the terms of the Tax Increment Act, Minnesota Statutes Sections 469.174 through 469.1794.
TIF District. It is contemplated by the parties that the Project Costs shall be funded in part by TIF Proceeds. Developer has identified certain Project Costs which may be reimbursed with TIF Proceeds if and to the extent that such Project Costs are related to site improvement and the design and construction costs located within the TIF District, all as specifically identified on Exhibit F attached hereto, and are eligible for payment or reimbursement pursuant to the TIF Act (the "TIF Eligible Expenses"). In connection with the TIF District, the parties hereby agree as follows:
TIF District. It is contemplated by the parties that the UG Contribution, plus Interest, shall be reimbursed with TIF Proceeds. In connection with the TIF District, the parties hereby agree as follows:
TIF District a. Shoreview TIF District No 13 • Approved 11-18-2019 • Modification No. 1 on 12-16-2019 • Modification No. 2 proposed 9-06-2022 • Certification Date 8-17-2021 • First TIF Note Payment 8-01-2022
TIF District. The City has heretofore approved the creation of the TIF District through the adoption of the TIF Ordinance. The TIF District currently contains 12 project areas. The City will take appropriate procedural actions to permit the Governing Body to make modifications to the current project area boundaries, create the TIF Project Area and to facilitate the implementation of the Project and City incentives provided pursuant to this Agreement. In addition, the City will prepare the TIF Project Plan for consideration by the Governing Body that will encompass the Park Improvements to be constructed and financed with Tax Increment Funds.
TIF District. The establishment of a TIF District that includes Development Property.
