CID Special Assessments definition

CID Special Assessments means the special assessments levied in the City Place CID and received by the City pursuant to Ordinance No. ASMT-3055 of the City passed on September 8, 2014, and any amendments thereto as required by the Act.
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CID Special Assessments means special assessments which shall be levied against the real property within the Project Site when the CID Bonds are issued by the City as described in Section III.D.
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CID Special Assessments means the special assessments levied in the City Place CID and received by the City pursuant to Ordinance No. ASMT 3055 of the City passed on September 8, 2014, and any amendments thereto as required by the Act (the “CID Special Assessments Ordinance”).
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Examples of CID Special Assessments in a sentence

  • The Redeveloper agrees to pay as Additional Rent during the Lease Term the CID Special Assessments assessed against the Property at such times and in such manner as the CID Special Assessments are payable in accordance with applicable State law.

  • Notwithstanding the foregoing, the Authority makes no representation or warranty as to the validity or legality of the lien of the CID Special Assessments imposed against the Property or the priority of the CID Special Assessments with respect to any other lien.

  • The Authority shall have no responsibility or obligation in connection with the imposition, administration, payment, collection, and enforcement of the CID Special Assessments.

  • The Authority will voluntarily participate in the TDD Assessments, the CID Special Assessments, and the PACE Special Assessments (as each term is defined herein or in the Improvements Lease) but with the qualifications described in the Improvements Lease and conditioned upon the Redeveloper’s payment of the TDD Assessments, the CID Special Assessments, and the PACE Special Assessments as rental obligations as provided in the Improvements Lease.

  • If the CID Special Assessments are deemed invalid or illegal by a court or a local, state, or federal agency or department or other governmental authority having competent jurisdiction, the Authority shall have no liability therefor to the Redeveloper or any other third-party.

  • The Authority hereby agrees to voluntarily participate with respect to the CID Special Assessments for so long as the Leases are in effect.

  • The Redeveloper’s obligation to pay the CID Special Assessments shall be a covenant running with the land and shall bind Redeveloper and Redeveloper’s successors and assigns and subsequent owners of the Property.


More Definitions of CID Special Assessments

CID Special Assessments means the special assessments imposed by the CID, if any, in accordance with Section 67.1501 of the CID Act and this Agreement, in amounts to be determined from time to time by the CID.
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