Examples of Development District in a sentence
The joint economic development district created by this Agreement shall, initially, encompass the territory described in Exhibit A (attached to this Agreement and incorporated herein by this reference) (the “XXXX Area”), shall be known as the “Jersey-New Albany Joint Economic Development District No. ”, and shall hereinafter be referred to as the “District”.
The Joint Economic Development District Contract (the "XXXX Contract") by and between the Township and the City creating the JEDD empowers the Board of Directors of the JEDD (the "XXXX Board") to impose a tax on the income of the persons working within the XXXX and on the net profits of the businesses located on parcels within the XXXX after the Effective Date that are taxed at the “Class II” rate by the Licking County Auditor.
The County acknowledges the formation and existence of Celebration Pointe Community Development District No. 1 (the “CDD”).
The City hereby finds and determines that it is in the best interests of the City that it issue and sell the Note to the Developer for the purpose of financing certain public development costs of the Development District, subject to all terms and conditions of the Agreement.
The Original XXXX Contract established the Northern Pickaway Joint Economic Development District (referred to herein as “XXXX,” or the “District”).