Examples of CID District in a sentence
The Woodside Village Redevelopment Agreement, originally approved on January 12, 2012, sets forth those rights and obligations of the city and the developer as they relate to the redevelopment of the Woodside Village Redevelopment (TIF and CID) District area.
The specifics of the issuance and repayment of the CID Bonds for CID District 2 shall be in accordance with the Bond Documents for Phase 2, to be approved by ordinance of the City, in accordance with this Agreement.
Developer hereby understands and agrees that CID Proceeds from the CID Bonds for CID District 2 may not be spent for any Phase 1 CID Project Costs.
The CID Sales Taxes in the CID Bond Revenue Fund 2 will be utilized to first pay principal and interest payments required under CID Bonds for CID District 2 at such times as such payments may be required under the Bond Documents for Phase 2.
Subject to the terms and conditions of this Agreement and the CID Ordinance, the City shall cause the levy of a CID special assessment in accordance with the CID Petition for each of the various parcels or projects within the CID District.
Subject to the terms and conditions of this Agreement, the portion of the CID Project Costs relating to the CID District shall be reimbursed in whole or in part with CID Bonds and the portion of the TDD Project Costs relating to the TDD District shall be reimbursed in part with Pay-As-You-Go TDD Financing.
The given boundary conditions are nevertheless “natural” in the sense that both φ and its derivative can be arbitrarily chosen on the boundary.
For instance, Developer shall certify and be responsible for ensuring that CID Bond Proceeds from the CID District are not in any way commingled or improperly used for TDD Project Costs incurred in the TDD District.
For instance, Developer shall certify and be responsible for ensuring that CID Bond Proceeds from CID District 1 are not in any way commingled or improperly used for Project Costs incurred in CID District 2.
When CID Bonds for the CID District are issued, Developer hereby understands and agrees that the CID Administrative Fee for the CID District described in Section 10.01 below shall be paid from the proceeds of the CID Bonds.