CID Project definition

CID Project means (i) remediation of blighting conditions within the Redevelopment Area, (ii) public improvements completed within the Redevelopment Area, or (iii) any community improvement project approved by the CID for an area benefiting the Redevelopment Area and in accordance with the CID Act and constituting a portion of the Work.

CID Project means the “Project” as defined in the petition to create the CID.

CID Project means any community improvement project approved by the CID for an area within or benefitting the Redevelopment Area and in accordance with the CID Act and constituting a portion of the Work.

Examples of CID Project in a sentence

• The net CID Bond Proceeds shall be disbursed by the Bond Trustee for the purpose of funding or reimbursing the Developer for Phase 2 CID Project Costs in accordance with the terms of this Agreement and the Bond Documents for Phase 2.

• Subject to the terms and conditions of this Agreement, the City shall cause the collection of a CID sales tax of one and one-half percent (1.5%) on the sale of tangible personal property at retail or rendering furnishing services which are taxable pursuant to the Kansas Retailers' Sales Tax Act (K.S.A. 79-3601 et seq.) within the CID Districts (the "CID Sales Taxes"), such CID Sales Taxes shall be collected and applied to pay and/or reimburse Developer for CID Project Costs pursuant to the CID Act.

• The Net Proceeds from the sale of the CID Bonds shall be deposited into the CID Construction Account shall be used to pay or reimburse the CID Project Costs which are eligible expenses under the CID Act and located within or without the CID District, subject to the limitations in the CID Act, and, if applicable, federal tax law.

• Subsequently, for Phase 2, CID Bonds may be issued in a par amount of approximately $14,000,000 (which shall render an estimated $10,904,600 of net CID net Bond Proceeds) for use in funding Phase 2 CID Project Costs which would then be deposited in the applicable CID Bond accounts.

• Subject to Article IV of this Agreement, CID Assessments shall be used to reimburse Developer for CID Project Costs, TDD Sales Tax shall be used to reimburse Developer for TDD Project Costs, and City Funds shall be used to pay for the Xxxxxxx Improvement Costs, all as estimated in Exhibits O, P and Q, respectively, and in all events in accordance with the terms of this Agreement.

More Definitions of CID Project

CID Project means (i) remediation of blighting conditions within the Redevelopment Area, (ii) public improvements completed within the CID, or (iii) any community improvement project approved by the CID for an area benefitting the Redevelopment Area and in accordance with the CID Act and constituting a portion of the Work.

CID Project means the project located within the District in the City, as described on Exhibit D, attached hereto and incorporated herein by reference.

CID Project means the construction of certain improvements within the District Area as described in the Petition and in Exhibit E Budget attached hereto.

CID Project means the (a) construction of improvements within the boundaries of the District as permitted by the CID Act, including but not limited to: (i) lawns, trees and other landscaping; (ii) sidewalks, streets, traffic signs and signals, utilities, drainage, water, storm and sewer systems, and other site improvements; (iii) parking lots; and (iv) streetscape, lighting, benches or other seating furniture, trash receptacles, marquees, awnings, canopies, walls, and barriers; (b) to provide for professional fees, including without limitation legal and accounting, architectural and engineering, marketing and advertising, approvals, permits, inspections and other fees, (c) support of business activity and economic development in the District including, but not limited to, the promotion of business activity, development and retention, and the recruitment of developers and businesses; and (d) the carrying out of any other powers set forth in the CID Act.

CID Project means funding for the acquisition of the Public Improvements Property and the construction of the Public Improvements, as applicable and such other improvements or services within the District Area as described in the Petition (as it may be amended from time to time) and as permitted under the CID Act.

CID Project means the construction of certain sitework improvements within the District Area identified on Exhibit E Redevelopment Project Cost Budget as "Financed with CID Obligations and/or CID Revenue."

CID Project means (i) remediation of blighting conditions within RPA 2, (ii) public