Increment bonds means bonds and notes issued for the purpose of paying the costs of one (1) or more projects, or grant or loan programs as described in subsection (30)(c) of this section, in a development area or a local development area;
Increment bonds means bonds and notes issued for the purpose of paying the costs of one (1) or more projects;
Increment bonds means bonds and notes issued for the purpose of paying the costs of one (1) or more projects in a development area, the payment of which is secured solely by a pledge of increments or by a pledge of increments and other sources of payment that are otherwise permitted by law to be pledged or used as a source of payment of the bonds or notes;
Examples of Increment bonds in a sentence
Increment bonds do not have to be secured by the City’s credit rating.
More Definitions of Increment bonds
Increment bonds means bonds and notes issued for the purpose of paying the costs of one (1) or more projects, or grant or loan programs as described in subsection (30)(c) of this section, in a development area or a local development area; "Incremental revenues" means the amount of revenues received by a taxing district, as determined by subtracting old revenues from new revenues in a calendar year with respect to a development area, a project within a development area, or a local
Increment bonds means bonds and notes issued for the purpose of paying the costs
Increment bonds means the bonds or notes issued by the City or Agency pursuant to the Act to pay for Project Costs or Redevelopment Assistance within the Development Area as approved by the issuer of the Increment Bonds, the payment of which shall be supported by Incremental Revenues pledged by the City, the County, PDS, and other revenues.
Increment bonds means bonds and notes issued for the purpose of paying the costs of one (1) or more economic development projects in a development area, the payment of which is secured solely by a pledge of increments or by a pledge of increments and other
Increment bonds means bonds, notes or other obligations issued by the City to pay for Eligible Project Costs.