Declaratory Resolution definition

Declaratory Resolution means an initial resolution passed by a redevelopment commission that preliminarily creates, expands, or reduces an economic development area or area needing redevelopment (or amends the economic development plan or redevelopment plan for the area to add additional projects), and may also designate all or a portion of such area as a TIF allocation area.
Sample 1Sample 2Sample 3
Declaratory Resolution means the resolution of the Redevelopment Commission declaring the Area to be an “economic development area” within the meaning of the RDC Act, approving the Plan for the Area and designating the Allocation Area as a tax increment finance “allocation area” within the meaning of the RDC Act.
Sample 1Sample 2
Declaratory Resolution means Resolution No. 10-2008 adopted by the Redevelopment Commission on May 14, 2008, as amended by Resolution No. 15-2008 adopted by the Redevelopment Commission on June 12, 2008, declaring the Economic Development Area to be an “economic development area” within the meaning of the RDC Act, approving the Economic Development Plan for the Economic Development Area and designating the Allocation Area as a tax increment finance “allocation area” within the meaning of the RDC Act.
Sample 1Sample 2

Examples of Declaratory Resolution in a sentence

  • The Commission adopted a declaratory resolution, dated December 13, 2018 ("Central 000xx Xxxxxx Declaratory Resolution") establishing the Central 000xx Xxxxxx Economic Development Area ("Central 000xx Xxxxxx Area"), as confirmed by a confirmatory resolution, dated February 8, 2019 ("Central 000xx Xxxxxx Confirmatory Resolution"), establishing the Central 000xx Xxxxxx Xxxxxxxxxx Xxxx ("Central 000xx Xxxxxx Xxxxxxxxxx Xxxx") within the Central 000xx Xxxxxx Area.

  • The Noblesville Redevelopment Commission adopted a declaratory resolution on November 14, 2002 creating the Noblesville Corporate Campus West Economic Development Area ("CCW Area"), as amended on April 18, 2008 and May 2, 2014 (collectively, as amended, "CCW Declaratory Resolution"), which was effective as of those dates and was confirmed by confirmatory resolutions adopted on December 3, 2002, as amended on June 6, 2014 (collectively, as amended, "CCW Confirmatory Resolution").

  • As advances are made or credits given to the Expenditure Payee in the form of approved expenditures on the Project (as defined in the Declaratory Resolution of the West Lafayette Redevelopment Commission, adopted on March 21, 2018), the Maximum Expenditure Amount of this Agreement shall be the total amounts advanced or credited to the Expenditure Payee from time to time, less any prior payments of the Maximum Expenditure Amount due, as set forth herein.

  • The information provided on the Statement of Benefit forms attached hereto as Exhibit A supersede and replace the estimates previously provided by Chinook in its Application and the estimates recited in the Declaratory Resolution.

  • Declaratory Resolution shall mean Resolution No. 2021-01 adopted by ARC on February 15, 2021, relating to the Project and the TIF Bonds.

  • Increment shall mean the incremental revenue generated from all ad valorem real property taxes, or payments in lieu of taxes, that are levied, imposed, or charged by the applicable taxing authorities on, against, for, or with respect to the Project Site contained in the Xxxxxx Xxxxxx Parkway South Development Area as described in the Declaratory Resolution.

  • The information provided on the Statement of Benefit forms attached hereto as Exhibit A supersede and replace the estimates previously provided by Dynamic Metals in its Application and the estimates recited in the Declaratory Resolution.


More Definitions of Declaratory Resolution

Declaratory Resolution means Resolution No. 1-2007 adopted by the Redevelopment Commission on February 21, 2007, as amended by the Amendatory Resolution, declaring the Economic Development Area to be an "economic development area" within the meaning of the RDC Act, approving the Economic Development Plan for the Economic Development Area and designating the Allocation Area as a tax increment finance "allocation area" within the meaning of the RDC Act.
Sample 1Sample 2

Related to Declaratory Resolution

  • Special Resolution means a resolution passed by a majority of not less than two-thirds (2/3) of the votes cast on that resolution.

  • Special Resolution Regime means each of (i) the Federal Deposit Insurance Act and the regulations promulgated thereunder and (ii) Title II of the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act and the regulations promulgated thereunder.

  • unanimous resolution means, subject to subsection (3) -

  • Series Resolution means a resolution of the Corporation authorizing the issuance of a Series of Bonds in accordance with the terms and provisions of the General Trust Indenture, adopted by the Corporation in accordance with Section 204 of the General Trust Indenture.

  • U.S. Special Resolution Regime means each of (i) the Federal Deposit Insurance Act and the regulations promulgated thereunder and (ii) Title II of the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act and the regulations promulgated thereunder.

  • U.S. Special Resolution Regimes has the meaning specified in Section 11.21.

  • Ordinary Resolution means a resolution passed by a simple majority of the Members as, being entitled to do so, vote in person or, where proxies are allowed, by proxy at a general meeting, and includes a unanimous written resolution. In computing the majority when a poll is demanded regard shall be had to the number of votes to which each Member is entitled by the Articles.

  • Extraordinary Resolution has the meaning set forth in Section 7.11(1);

  • Arrangement Resolution means the special resolution approving the Plan of Arrangement to be considered at the Company Meeting, substantially in the form of Schedule B.

  • Resolution shall have the meaning specified in Section 8(E).

  • Informal resolution means options for resolving a formal complaint that do not involve a full investigation and adjudication. Informal resolution may encompass a broad range of conflict resolution strategies, including mediation or restorative justice.

  • resolution action means the decision to place an institution or entity referred to in point (b), (c) or (d) of Article 1(1) under resolution pursuant to Article 32 or 33, the application of a resolution tool, or the exercise of one or more resolution powers;

  • Resolution date means the date the funded amount, plus the

  • Relevant Resolution Authority means the resolution authority with the ability to exercise any Bail-in Powers in relation to the relevant Underwriter.

  • UK Resolution Authority means the Bank of England or any other public administrative authority having responsibility for the resolution of any UK Financial Institution.