Increment district definition

Increment district means an area created pursuant to the

Increment district means an area created pursuant to the provisions of the Local Development Act;

Increment district means that certain tax increment financing district of the City, as may be established pursuant to the TIF Ordinance, generally comprising the Project Site and certain areas in the vicinity thereof

Examples of Increment district in a sentence

• The Developer proposes to acquire and develop approximately 13 acres of property from the Authority within the Increment District immediately north of the Broken Arrow Events Park located at 20000 X 000xx Xxxxxx Xxxxx, just east of the Creek Turnpike.

• The total capital investment in the Sunset Amphitheater is projected to be approximately $71.5 million, plus $17.81 million cost of Project Site Improvements (described below) to be funded through the Increment District.

• The Authority shall pledge, and agrees to take any other actions as shall be necessary to confirm or perfect such pledge, in each case in accordance with the Indenture, one-hundred percent (100%) of the apportioned Tax Increment pertaining to the Increment District, at such times and in such amounts as the Tax Increment may be received, to the payment of debt service on obligations issued pursuant to Section 4.3 herein.

• Such reports shall be made as long as the Increment District created pursuant to the Local Development Act remains in effect.

• Provided however, it is understood and agreed by the parties that under no circumstances shall an unavoidable delay operate to extend the duration of the Increment District or in any way alter the provisions of the TIF Ordinance.

More Definitions of Increment district

Increment district means the Property and may be expanded to include additional property added to the Development Property.

Increment district means Increment District No. 3, City of Muskogee, Oklahoma, as established by the Local Act, generally described an area bordered on the north by Shawnee Avenue (Highway 62), on the east by Chicago Street, on the west by North 11th Street, and on the south by Talladega Street. See Exhibit A for a map showing the Increment District. See Exhibit B for a legal description of the area of the Increment District.

Increment district means the tax parcels described on the attached schedule of properties.

Increment district means an area created pursuant to the provisions of the

Increment district means the area and properties depicted and identified on Exhibit A to the Infrastructure Reimbursement Agreement to the extent that such properties are located within the City and the County.

Increment district means an area created pursuant to the provisions of the Local Development Act, Section 850 et seq. of

Increment district means Increment District No. 7, City of Enid, Oklahoma, as established by the Local Act, generally described as an area bordered on the north by the Burlington Northern Railroad mainline, on the east by 78th Street, on the west by 66th Street, and on the south by E. Owen K. Garriott Road (U.S. Highway 64/412). See Exhibit A for a map showing the Increment District. See Exhibit B for a legal description of the area of the Increment District.