Examples of District Increment in a sentence
This Agreement applies only to the District Increment, as calculated, produced, collected and paid to the Authority from the Urban Renewal Area by the El Paso County Treasurer in accordance with §31-25-107(9)(a)(II) of the Act and the rules and regulations of the Property Tax Administrator of the State of Colorado, and does not include any other revenues of the City or the Authority.
If the District’s eligible electors approve a new or increased mill levy for any lawful purpose (“Future Mill Levy”), any revenue derived from the Future Mill Levy shall not be considered part of the District Increment.
If the School District’s eligible electors approve a new or increased mill levy for any lawful purpose, including, without limitation, a new or increased Debt Service Mill Levy or Mill Levy Override (“Future Mill Levy”), any revenue derived from the Future Mill Levy shall not be considered part of the District Increment.
The School District and the Authority agree that the Authority may retain and expend in furtherance of the Urban Renewal Project one hundred percent (100%) of the District Increment, commencing on the date of approval by the City of the Plan, and lasting for the Duration.
The District recognizes and agrees that in reliance on this Agreement and in accordance with the provisions of §31-25-109(12) of the Act, the adoption and approval of the Plan includes an irrevocable pledge of all of the Property Tax Increment Revenues, including the District Increment, to pay the Authority’s Bonds and other financial obligations in connection with the Urban Renewal Project.
In compliance with the requirements of §31-25-107(9.5)(a) of the Act, including the Amended 1348 Requirements, the Parties have negotiated and agreed to the remittance (passing through) of Water Conservancy District Increment as set forth herein.
The District and the Authority agree that the Authority may retain and expend in furtherance of the Urban Renewal Project one hundred percent (100%) of the District Increment, commencing on the date of approval by the City of the Plan, and lasting for the Duration.
The analyses of the images revealed that the surface morphology of the Fe-based per- ovskites was changed with the addition of other transi- Fig.
All School District Increment upon receipt by the Larimer County Treasurer shall be paid directly to the School District in accordance with Section 5.1 hereof.
The Water Conservancy District agrees that it has received information on the estimated impacts of the New Plan on the Water Conservancy District services associated with the New Plan in the form of the Impact Report which is incorporated herein by reference, and therefore hereby deems that requirement satisfied; provided however, the Impact Report does not reflect the Parties agreement herein for the Remitted Water Conservancy District Increment as described in paragraph 5.1.