Development Program Fund definition

Development Program Fund means the development program fund described in the Financial Plan section of the Development Program.
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Development Program Fund means the development program fund described in the Financial Plan of the Development Program into which the Tax Increment Revenues are to be deposited, established and maintained pursuant to the Development Programs and Article II hereof.
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Development Program Fund means the development program fund described in the Financial Plan Section of the Development Program and established and maintained pursuant to Article II hereof.
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Examples of Development Program Fund in a sentence

  • The Development Program Fund is pledged to and charged with the payment of the project costs in the manner provided in 30-A M.R.S.A. § 5227(3).

  • The Development Program Fund consists of two segregated accounts, a sinking fund account (“Sinking Fund Account”) and a project cost account (the “Project Cost Account”).

  • Section 2.3. Captured Assessed Value; Deposits into Development Program Fund.

  • The City shall maintain records which are adequate in all respects to make the calculation of Increased Assessed Value and Tax Increment Revenues required to calculate the deposits into the Development Program Fund hereunder, and shall provide to Developer, upon request by Developer, a summary of such calculations.

  • The City will establish a separate Economic Development Program Fund.


More Definitions of Development Program Fund

Development Program Fund means the Municipal TIF Development Program Fund described in section IV(D) of the Development Program and established and maintained pursuant to Article II hereof and 30-A M.R.S.A. § 5227(3)(A). The Development Program Fund shall consist of a Project Cost Account with at least one subaccount: the Developer Project Cost Subaccount.
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Development Program Fund means the Development Program Fund described in the Financial Plan section of the Development Program and established and maintained pursuant to Article II hereof and 30-A M.R.S.A § 5227(3)(A). The Development Program Fund shall consist of a Project Cost Account with two subaccounts: the Developer Project Cost Subaccount and the Town Project Cost Subaccount.
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Development Program Fund means the account or accounts into which municipal tax increment revenues are deposited.
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Development Program Fund means the Municipal TIF Development Program Fund described in section IV(D) of the Development Program and established and maintained pursuant to Article II hereof and 30-A M.R.S.A.
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Development Program Fund means the Affordable Housing Development Program Fund described in the Development Program and established and maintained pursuant to Article II hereof and 30-A M.R.S.A. § 5250-A(3)(A) consisting of the account further described herein.
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Development Program Fund means the fund described in Section 3.1 hereof, which is comprised of the funds described in Section 3 of the Certificate of Approval from Xxxxxx Xxxxxxx, Director, Maine State Housing Authority, dated , 2020, all as further established and maintained pursuant to Article III hereof and 30-A M.R.S.A. § 5250-A(3).
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Development Program Fund means the development program fund described in Section
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