Economic Development Incentive Agreement definition

Economic Development Incentive Agreement means that certain Economic Development Incentive Agreement, dated as of October 18, 1999, by and between the City of Kankakee, Illinois and the LSP Equipment (as assignee of the Borrower).
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Economic Development Incentive Agreement means that certain Economic Development Agreement between SEDC and Developer relating to the SEDC’s provision of the Purchase Grant and Developer’s agreement to the conditions related thereto.
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Economic Development Incentive Agreement is defined in Recital F.
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Examples of Economic Development Incentive Agreement in a sentence

  • Compliance with any conditions imposed by the Economic Development Incentive Agreement.

  • Economic Development Incentive Agreement is drafted and signed and forwarded to the City Council for review.

  • Compliance with all applicable governmental laws, rules and regulationsCompliance with any conditions imposed by the Economic Development Incentive Agreement.

  • Economic Development Incentive Agreement MEDA and the City have entered into an incentive agreement with a retailer for the development of a retail facility within the City limits of Moore.

  • RECOMMENDATION: Adopt a Resolution authorizing the Cook County Class 8 Property Tax Assessment incentive for 30 North Street and approve an Economic Development Incentive Agreement, and authorize the Village Manager to execute the Economic Development Incentive Agreement.

  • Such exemption is to begin in the calendar year after the calendar year in which the acquisition and equipping of the building is completed, and may be terminated early (and Martin Enterprises, LLC/Martin Interconnect Services may be required to repay amounts previously abated), in the event of any failure by Martin Enterprises, LLC/Martin Interconnect Services, to perform its obligations under the Economic Development Incentive Agreement it has executed with the City.

  • The Economic Development Incentive Agreement between the City of Wichita and C.E. Machine Company, Inc.

  • No student is allowed to leave the school campus during class hours, unless the DO is notified and permission is given.

  • The Economic Development Incentive Agreement between the City of Wichita and WSM Industries, Inc.

  • Such exemption may hereafter be withdrawn by the City Council upon a finding that Martin Enterprises, LLC/Martin Interconnect Services no longer is entitled to such exemption in accordance with the Economic Development Incentive Agreement, which Martin Enterprises, LLC/Martin Interconnect Services has executed with the City.

Related to Economic Development Incentive Agreement

  • Economic development incentive means a financial incentive,

  • Economic development means all powers expressly granted and reasonably inferred pursuant to SDCL § 9-54.

  • Economic development project means land and existing or planned improvements suitable for use by an industrial or commercial enterprise, or housing development, or the protection of the environment, including, but not limited to, groundwater or surface water. Economic development project includes necessary buildings, improvements, or structures suitable for and intended for or incidental to use as an industrial or commercial enterprise or housing development; and includes industrial park or industrial site improvements and port improvements or housing development incidental to an industrial or commercial enterprise; and includes the machinery, furnishings, and equipment necessary, suitable, intended for, or incidental to a commercial, industrial, or residential use in connection with the buildings or structures.

  • Joint Development Agreement has the meaning provided in Section 5.3.

  • Initial Development Plan has the meaning set forth in Section 3.2(b).

  • continuing professional development means the continuing professional development contemplated in section 32;

  • Planned development means a real property development other than a community apartment project, a condominium project, or a stock cooperative, having either or both of the following features:

  • Global Development Plan has the meaning set forth in Section 3.1.

  • Planned unit development means a subdivision characterized by a unified site design, clustered residential units and/or commercial units, and areas of common open space.

  • Commercial Development Plan means the written commercialization plan attached as Appendix E.

  • Existing development means development, other than that associated with agricultural or forest management activities, that meets one of the following criteria:

  • Integrated Development Plan means a plan formulated and approved as envisaged in Section 25 of the Municipal Systems Act 2000, as amended.

  • site development plan means a dimensioned plan drawn to scale that indicates details of the proposed land development, including the site layout, positioning of buildings and structures, property access, building designs and landscaping;

  • Management Incentive Plan means the Company’s bonus program, as implemented by the Company’s board of directors from time to time and pursuant to which the Executive may receive incentive-based compensation at fiscal year end.

  • spatial development framework means the Kouga Municipal Spatial Development Framework prepared and adopted in terms of sections 20 and 21 of the Act and Chapter 2 of this By-Law;

  • New development means development resulting from the conversion of previously undeveloped land or agricultural land uses.

  • Economic Development Property means those items of real and tangible personal property of the Project which are eligible for inclusion as economic development property under the FILOT Act and this Fee Agreement, and selected and identified by the Company or any Sponsor Affiliate in its annual filing of a SCDOR PT-300S or comparable form with the Department (as such filing may be amended from time to time) for each year within the Investment Period.

  • Transit-oriented development means infrastructure improvements that are located within 1/2 mile of a transit station or transit-oriented facility that promotes transit ridership or passenger rail use as determined by the board and approved by the municipality in which it is located.

  • municipal spatial development framework means a municipal spatial development framework adopted by the Municipality in terms of Chapter 5 of the Municipal Systems Act;

  • Research and development facility means an establishment engaged in laboratory, scientific, or experimental testing and development related to new products, new uses for existing products, or improving existing products. The term does not include an establishment engaged in efficiency surveys, management studies, consumer surveys, economic surveys, advertising, promotion, banking, or research in connection with literary, historical, or similar projects.

  • Major development means an individual “development,” as well as multiple developments that individually or collectively result in:

  • Commercial Development means any development on private land that is not heavy industrial or residential. The category includes, but is not limited to: hospitals, laboratories and other medical facilities, educational institutions, recreational facilities, plant nurseries, car wash facilities, mini-malls and other business complexes, shopping malls, hotels, office buildings, public warehouses and other light industrial complexes.

  • Infill development means new construction on a vacant commercial lot currently held as open space.

  • experimental development means acquiring, combining, shaping and using existing scientific, technological, business and other relevant knowledge and skills with the aim of developing new or improved products, processes or services. This may also include, for example, activities aiming at the conceptual definition, planning and documentation of new products, processes or services;

  • Michigan economic development corporation means the public body corporate created under section 28 of article VII of the state constitution of 1963 and the urban cooperation act of 1967, 1967 (Ex Sess) PA 7, MCL 124.501 to 124.512, by a contractual interlocal agreement effective April 5, 1999, as amended, between local participating economic development corporations formed under the economic development corporations act, 1974 PA 338, MCL 125.1601 to 125.1636, and the Michigan strategic fund. If the Michigan economic development corporation is unable for any reason to perform its duties under this act, those duties may be exercised by the Michigan strategic fund.

  • Cluster development means a contiguous cluster or