Common use of Village Authority Clause in Contracts

Village Authority. The Project is within an area designated by the Village as a Tax Increment Redevelopment Project Area as authorized by Section 11-74-4.1 et seq. of the Illinois Municipal Code. (65 ILCS 5/11-74.4 l et seq.) Section 11-74.4-4 authorizes municipalities to contract with private agencies or persons to carry out a Redevelopment Plan.

Appears in 6 contracts

Samples: Redevelopment Agreement, Redevelopment Agreement, Redevelopment Agreement

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Village Authority. The Project Property is within an area designated by the Village as a Tax Increment Redevelopment Project Area as authorized by Section 11-74-4.1 et seq. of the Illinois Municipal Code. (65 ILCS 5/11-74.4 l et seq.) Section 11-74.4-4 authorizes municipalities to contract with private agencies or persons to carry out a Redevelopment Plan.

Appears in 2 contracts

Samples: Redevelopment Agreement, Redevelopment Agreement

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Village Authority. The Project is within an area designated by the Village as a Tax Increment Redevelopment Project Area as authorized by Section 11-7474.4-4.1 1 et seq. of the Illinois Municipal Code. (65 ILCS 5/11-74.4 74.4-l et seq.) (the “TIF Act”) Section 11-74.4-4 authorizes municipalities to contract with private agencies or persons to carry out a Redevelopment Plan.

Appears in 2 contracts

Samples: Redevelopment Agreement, Redevelopment Agreement

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