TAX INCREMENT FINANCING AGREEMENTTax Increment Financing Agreement • November 17th, 2022
WHEREAS, the Developer has acquired or intends to acquire certain real property situated in the City, a depiction of which is attached hereto as Exhibit A (the “Project Area”) and incorporated herein by reference, with each parcel of real property within the Project Area referred to herein as a “Parcel” (whether as presently appearing on the county tax duplicate or as subdivided or combined and appearing on future tax duplicates); and
TAX INCREMENT FINANCING AGREEMENT BY AND BETWEENTax Increment Financing Agreement • November 3rd, 2011
THIS AGREEMENT is made this day of November, 2011, by and between the Town of Douglas, a municipal corporation duly organized under the laws of the Commonwealth of Massachusetts, having a principal place of business at the Municipal Center, 29 Depot Street, Douglas, MA 01516 (hereinafter referred to as the “TOWN”), Gilboa Properties LLC, a Massachusetts limited liability company having a principal place of business at 82 McCracken Rd., Millbury, MA 01527 (hereinafter referred to as the “LESSOR”) and Classic Envelope, Inc., a Massachusetts corporation having a principal place of business at 1 Main Street, Whitinsville, MA 01588 (hereinafter referred to as the “COMPANY”).
TAX INCREMENT FINANCING AGREEMENT BY AND BETWEENTax Increment Financing Agreement • April 26th, 2019 • Massachusetts
THIS TAX INCREMENT FINANCING AGREEMENT (the “Agreement”) is made this day of 2019, by and among the TOWN OF ANDOVER (hereinafter referred to as the "Town"), acting by its Board of Selectmen as authorized by vote of Special Town Meeting, and VICOR CORPORATION (hereinafter referred to as the "Company").
Campanelli sells 71.67 acres to Home Depot U.S.A. forTax Increment Financing Agreement • October 21st, 2022
Campanelli Companies recently sold a fully permitted 71.67-acre site to The Home Depot U.S.A. Inc. for $5.769 million. The deal includes a fully executed Tax Increment Financing (TIF) agreement related to the construction of approximately 650,000 s/f of commercial space in The Campanelli Business Park of Westfield. "This major win for Westfield and Western Mass. is a testament to the experience, knowledge and professionalism of Campanelli Companies," said Kevin Jennings, principal of Jennings Real Estate Services. "Putting together a project in Western Mass. in the present economic environment was an incredibly challenging process, but Campanelli Companies was able to construct the necessary infrastructure and position the property as one of the premier shovel-ready industrial parks in New England." Jennings represented The Campanelli Business Park of Westfield in the transaction.
TAX INCREMENT FINANCING AGREEMENT AND PLAN BY AND BETWEENTax Increment Financing Agreement • April 27th, 2010 • Massachusetts
This TAX INCREMENT FINANCING AGREEMENT (the “TIF Agreement”) is entered into this day of , by and between the Town of Russell (hereinafter referred to as the “Town”), a municipal corporation duly organized under the laws of the Commonwealth of Massachusetts, having a principal place of business at Town Hall, 65 Main Street, Russell, MA 01071, acting through its Town Meeting (hereinafter referred to as the “Town Meeting”) which designates and delegates the Select Board to execute this TIF Agreement in accordance with
WHAT IS A TAX INCREMENT FINANCING (TIF) AGREEMENT?Tax Increment Financing Agreement • November 12th, 2024
- Definition: A Tax Increment Financing (TIF) agreement is a property tax incentive to encourage business investment and development.
MEMORANDUMTax Increment Financing Agreement • December 28th, 2015
Attached for your consideration is a Tax Increment Financing (TIF) Agreement with HTTP 307, LLC for improvements to 933 E. Lemon Street, the former site of Lifestyle Fitness Center. HTTP 307 plans to completely renovate the existing structure at this location in order to create an 11,900 SF office building for Qgiv, Inc. and Cipher Integrations, Inc. Total project costs are estimated to be
TAX INCREMENT FINANCING AGREEMENT BY AND BETWEENTax Increment Financing Agreement • October 30th, 2020
TOWN OF LITTLETON, a municipal corporation duly organized under the laws of the Commonwealth of Massachusetts, with a principal place of business at 37 Shattuck Street, Littleton, MA 01460 (the “TOWN”) and POTPOURRI GROUP, INC, by and through its parent holding company PHI ACQUISITIONS, INC., a Delaware corporation authorized to do business in Massachusetts with a principal office at 101 Billerica Avenue, Building 2, North Billerica, MA 01826 (collectively, the “COMPANY”), and MA LITTLETON LAND, LLC, a limited liability company authorized to do business in Massachusetts with an office at c/o Condyne, LLC, 1150 West Chestnut Street, Suite 3, Brockton, MA 02301 (the “PROPERTY OWNER”).
THIRD AMENDED TAX INCREMENT FINANCING AGREEMENTTax Increment Financing Agreement • December 29th, 2014
WHEREAS, on December 11, 2007, after complying with all requirements of Chapter 311 of the Texas Tax Code, the City adopted Ordinance No. 2007-91 creating the Zone over the property shown on the attached “Exhibit A” (the “Property”) for a term beginning on the effective date of the ordinance and extending until December 31, 2031 (unless earlier terminated as allowed by law) for the purpose of encouraging and enabling development of the Property with a hotel, conference center, and improvements to the City’s Rivery Park (the “Project”); and
TAX INCREMENT FINANCING AGREEMENTTax Increment Financing Agreement • April 28th, 2022 • Massachusetts
This Agreement is made as of this day of May 2022 by and between the Town, the Company, and the Property Owner (together the “Parties”);
TAX INCREMENT FINANCING AGREEMENTTax Increment Financing Agreement • March 5th, 2024 • Ohio
WHEREAS, the City intends to (i) declare, pursuant to Ohio Revised Code Section 5709.40(B) (the “TIF Act”), 75% of the improvement of certain parcels of real property located within the City as identified in Exhibit A attached hereto (each individually, as now or hereafter configured, a “Parcel” and collectively the “Parcels”) for a period of 10 years to be a public purpose and exempt from taxation, (ii) require the owner of each Parcel to make service payments in lieu of taxes (collectively for all Parcels, the “Service Payments”) to the Hamilton County Treasurer, and (iii) provide in the legislation authorizing the foregoing exemption (the “TIF Ordinance”) for the distribution of the required portion of the Service Payments to the Boards of Education of the Princeton City School District and the Great Oaks Institute of Technology and Career Development as required under the TIF Act for an exemption of the duration and magnitude referenced above without consent of the applicable schoo
TAX INCREMENT FINANCING AGREEMENT FORTax Increment Financing Agreement • August 5th, 2016
This Agreement is made as of the of August, 2016 by and between the Town of West Boylston, Massachusetts (the “Town”), Curtis Industries, LLC (“Curtis”) and D & S Realty, LLP (“D&S”).
TAX INCREMENT FINANCING AGREEMENT BETWEENTax Increment Financing Agreement • November 5th, 2009
This Agreement is made this day of , 2009 by and between the Town of Douglas, a municipal corporation duly organized under the laws of the Commonwealth of Massachusetts, having a principal place of business at 29 Depot Street, Douglas, MA 01516, acting through its Town Meeting (hereinafter called “the TOWN”) and American Pro Wind, LLC with a place of business at 195 Libbey Parkway, Weymouth, MA 02189, or its successor, nominee, or assignee, (hereinafter called the “COMPANY”).
TAX INCREMENT FINANCING AGREEMENTTax Increment Financing Agreement • February 14th, 2020 • Ohio
This TAX INCREMENT FINANCING AGREEMENT (this “Agreement”), is made and entered into as of this day of , 2020 (the “Effective Date”), by and among the CITY OF BRECKSVILLE, OHIO (the “City”), a municipal corporation duly organized and validly existing under the constitution and the laws of the State of Ohio (the “State”) and its Charter, and The Sherwin-Williams Company, an Ohio corporation (the “Company”). The City and the Company may be referred to herein individually as a “Party” and collectively as the “Parties”.
What is a Tax Increment Financing (TIF) Agreement?Tax Increment Financing Agreement • August 2nd, 2016
A TIF Agreement is a local real estate property tax exemption negotiated and executed between a host municipality and an expanding or relocating company. The business must be making a significant private investment that
T I FTax Increment Financing Agreement • April 19th, 2018
Five years ago, a parcel of land in North Augusta was generating very little property tax funding for our schools and community. Through a series of inter-governmental agreements, including one with the School District, the City of North Augusta was able to develop the property now known as Riverside Park. What was once a
TAX INCREMENT FINANCING AGREEMENT BY AND BETWEENTax Increment Financing Agreement • May 22nd, 2015
THIS AGREEMENT is made this 18th day of May, 2015 by and between the TOWN OF WINCHENDON, a municipal corporation duly organization under the laws of the Commonwealth of Massachusetts, having a principal, place of business at Town Hall, 109 Front Street, Winchendon, MA 01475, acting by and through its Board of Selectmen (hereinafter referred to as the “TOWN”) and Brandywine Farms, Inc. (hereinafter referred to as the “COMPANY”), with a principal place of business at 155 Mill Circle, Winchendon Springs, MA 01477. Unless the context requires otherwise, terms defined in Massachusetts General Laws, Chapter 23A, section 3A shall have the same meaning when used herein. This Agreement will take effect upon approval by the Massachusetts Economic Assistance Coordinating Council (EACC).
MEMORANDUMTax Increment Financing Agreement • July 14th, 2021
Attached for your consideration is a Tax Increment Financing (TIF) Agreement with 725 E. Orange LLC for properties the entity owns at 721 & 725 East Orange Street and 0 Lake Avenue. The site consists of parcels 24-28-18-205000-023031, 24-28-18-209500-000040 and 24-28-18-209500-000052, totaling 40,510.8 SF (0.93
ContractTax Increment Financing Agreement • June 24th, 2020
TAX INCREMENT FINANCING AGREEMENTTax Increment Financing Agreement • December 6th, 2022
This AGREEMENT is made as of this 6th of December, 2022 by and between the TOWN OF SUTTON, a municipal corporation duly organized under the laws of the Commonwealth of Massachusetts, with a principal place of business at Town Hall, 4 Uxbridge Road, Sutton, MA 01590, acting by and through its Select Board (the “Town”), and UGPG RE SUTTON LLC, a Delaware limited liability company authorized to do business in The Commonwealth of Massachusetts, with a principal place of business at 223 Worcester Providence Turnpike, Sutton, MA 01590, (the “Property Owner”).
TAX INCREMENT FINANCING AGREEMENTTax Increment Financing Agreement • July 14th, 2005
, a municipal corporation duly organized under the laws of the Commonwealth of Massachusetts, having a principal place of business at , acting through its City Council /Town Meeting/Mayor (hereinafter called “the CITY”) and
Tax Increment Financing Agreement Between The Town Of Framingham, Bishop 108 Associates Limited Partnership And Lifeline Systems, Inc.Tax Increment Financing Agreement • March 30th, 2001 • Lifeline Systems Inc • Radio & tv broadcasting & communications equipment
University Edge agreement pays only increment against P&I annually; once 20 years are completeTax Increment Financing Agreement • March 15th, 2024
City & County TIF 2023 Revenue 1,098,743 rates TIF Project Debt Outstanding at 12/31/23 TIF 2023 Interest Revenue 58,167 0% Tipton Street - Total TIF 2023 Revenue 1,156,910 7.00% University Edge* 2,750,000 3.58% Downtown Centre TIF 899,867 2024 Calendar Year Estimated Revenue 2.56% Downtown Pavillion 738,375 Tax Year 2023 Washington County 500,000 3.72% Cherry Street 110,612 Tax Year 2023 City of Johnson City 600,000 4.25% Model Mill* 900,000 2024 Interest 75,000 5.50% Triple G 190,908 Est 2024 Revenue 1,175,000 5.25% MMM Enterprises 120,889 Total TIF Project Debt Outstanding 12/31/23 5,710,651 2023 TIF Façade Dedicated TIF Debt Ceiling (10% Real Property Value: 105,227,691) 10,522,769 05.22.23 Beacon FCU; 205/207 E. Main 10,000 08.25.23 J. Corbin; 128/130 Spring St. 20,000 02.23.24 J. Shelton; 117 W. Fairview Ave 8,250 Projected TIF Funds Available for Investment Thru 2030 Total 38,250 December 2023 Ending Cash Balance 2,066,762
TAX INCREMENT FINANCING AGREEMENT BY AND AMONG THE TOWN OF LEXINGTON, SHIRE HUMAN GENETIC THERAPIES, INC., AND PATRIOT PARTNERS LEXINGTON, LLCTax Increment Financing Agreement • September 17th, 2020
This AGREEMENT is made this ___ day of October, 2007 by and among the Town of Lexington, a municipal corporation duly organized under the laws of the Commonwealth of Massachusetts, having a principal place of business at Town Hall, 1625 Massachusetts Avenue, Lexington, Massachusetts 02420, acting through its Board of Selectmen (hereinafter referred to as the “TOWN”), Shire Human Genetic Therapies, Inc., a Delaware corporation with a principal place of business at 700 Main Street, Cambridge, MA 02139 (hereinafter, together with its successors and assigns, referred to as “SHIRE”), and Patriot Partners Lexington, LLC, a Delaware limited liability company, with a principal place of business at 205 Newbury Street, Framingham, MA 01701 (hereinafter referred to as “PATRIOT”) (collectively the “PARTIES”).
TAX-INCREMENT-FINANCING AGREEMENT BETWEENTax Increment Financing Agreement • March 9th, 2022
This Tax Increment Financing Agreement (“Agreement”) is between (1) the Town of Randolph, i.e., a municipal corporation with its principal place of business at 41 South Main Street, Randolph, Massachusetts (“the Town”), acting by and through its town manager upon authorization of the Randolph town council, and (2) Milton Real Properties of Massachusetts, LLC, with its principal place of business at 100 Quarry Drive, Milford, Massachusetts, (hereinafter collectively “the Landowner”) and Milton Rents, Inc., with its principal place of business at 509 Main Street, Gorham, New Hampshire, (hereinafter “the Company”; collectively “Milton”). Together, the Town and Milton are “the Parties” and individually are the “Party.”
TAX INCREMENT FINANCING AGREEMENTTax Increment Financing Agreement • July 2nd, 2020 • Ohio
This TAX INCREMENT FINANCING AGREEMENT (this “Agreement”), is made and entered into as of this day of , 2020 (the “Effective Date”), by and among the CITY OF BRECKSVILLE, OHIO (the “City”), a municipal corporation duly organized and validly existing under the constitution and the laws of the State of Ohio (the “State”) and its Charter, and The Sherwin-Williams Company, an Ohio corporation (the “Company”). The City and the Company may be referred to herein individually as a “Party” and collectively as the “Parties”.
TAX INCREMENT FINANCING AGREEMENT BY AND BETWEENTax Increment Financing Agreement • November 16th, 2020 • Massachusetts
, 2020, by and among the TOWN OF LUNENBURG (hereinafter referred to as the "Town"), acting by its Select Board as authorized by vote of Special Town Meeting, and MA Greenhouse, LLC, a Delaware limited liability company (hereinafter referred to as the "Company").
TAX INCREMENT FINANCING AGREEMENT BY AND BETWEENTax Increment Financing Agreement • October 29th, 2019 • Massachusetts
, 2019, by and among the TOWN OF TYNGSBOROUGH (hereinafter referred to as the "Town"), acting by its Board of Selectmen as authorized by vote of Special Town Meeting, and Sam Park & Co (hereinafter referred to as the "Company").
Wednesday, September 18, 2019Tax Increment Financing Agreement • September 18th, 2019
This is the informational “Yellow Sheet” for the upcoming Monday, October 7th Special Town Meeting. We hope that it proves useful in your deliberations.
TAX INCREMENT FINANCING AGREEMENTTax Increment Financing Agreement • November 23rd, 2020 • Ohio
THIS TAX INCREMENT FINANCING AGREEMENT (the “Agreement”) is made and entered into as of the day of _, 2020 (the “Effective Date”), between THE COUNTY OF SUMMIT, OHIO (the “County”), a County organized and existing under Ohio law and its Charter, having an address for purposes hereof at 175 S. Main St., 8th Floor, Akron, Ohio 44308, and J.J.J. PROPERTIES, LLC, (the “Developer”) an Ohio limited liability company, having an address for purposes hereof at 5585 Canal Road, Cleveland, OH 44125, and BECKNELL INDUSTRIAL, LLC, a Delaware limited liability company, having an address for purposes hereof at (the “Owner”).
TAX INCREMENT FINANCING AGREEMENTTax Increment Financing Agreement • March 11th, 2020 • Ohio
This TAX INCREMENT FINANCING AGREEMENT (this “Agreement”), is made and entered into as of this day of , 2020, to be effective on January 1, 2021 (the “Effective Date”), by and among the CITY OF CLEVELAND, OHIO (the “City”), a municipal corporation duly organized and validly existing under the constitution and the laws of the State of Ohio (the “State”) and its Charter, and THE SHERWIN-WILLIAMS COMPANY, an Ohio corporation (the “Company”). The City and the Company may be referred to herein individually as a “Party” and collectively as the “Parties”.
TAX INCREMENT FINANCING AGREEMENTTax Increment Financing Agreement • August 13th, 2020 • Ohio
This TAX INCREMENT FINANCING AGREEMENT (this “Agreement”), is made and entered into as of this day of , 2020 (the “Effective Date”), by and among the CITY OF BRECKSVILLE, OHIO (the “City”), a municipal corporation duly organized and validly existing under the constitution and the laws of the State of Ohio (the “State”) and its Charter, and The Sherwin-Williams Company, an Ohio corporation (the “Company”). The City and the Company may be referred to herein individually as a “Party” and collectively as the “Parties”.
The City of Bangor Tax Increment Financing and Credit Enhancement Agreement PolicyTax Increment Financing Agreement • October 21st, 2024
TAX INCREMENT FINANCING AGREEMENT BETWEENTax Increment Financing Agreement • December 26th, 2018 • Massachusetts
This Sherborn Square Tax Increment Financing Agreement (“Agreement”) is made this day of 2018 by and between the Town of Sherborn, a Massachusetts municipal corporation with offices at 19 Washington Street, Sherborn, MA 01770 (the “Town”) and Barsky Estate Realty Trust, a (together with its successors and assigns, the “Developer”), with a business address of PO Box 826, Natick, MA 01760 (the Town and the Developer may be referred to collectively hereafter as the “Parties”)
TAX INCREMENT FINANCING AGREEMENT BY AND BETWEENTax Increment Financing Agreement • February 22nd, 2023
This agreement is made this day of , 2023 by and between the CITY OF AMESBURY, a municipal corporation duly organized under the laws of the Commonwealth of Massachusetts, with a principal place of business at 62 Friend Street, Amesbury, Massachusetts 01913 (the "CITY"), acting by and through its Mayor; MUNTERS CORPORATION, a corporation organized under the laws of the State of New York, and existing, and authorized to do business in the Commonwealth of Massachusetts, with a principal place of business at 79 Monroe Street, Amesbury, MA 01913 (the "COMPANY"); and ATLANTIC SPORTS VENTURES, LLC, a limited liability corporation organized,
