Participating Taxing Entity definition

Participating Taxing Entity means any governmental entity recognized as such by Texas law which is participating in this Project by contributing a percentage of its tax increment.
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Participating Taxing Entity means the CITY and COUNTY.
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Examples of Participating Taxing Entity in a sentence

  • To the extent permitted by Texas law, no director, officer, employee or agent of the City, the Board, or any other Participating Taxing Entity shall be personally responsible for any liability arising under or growing out of this Agreement.

  • As between the City, the Board, any Participating Taxing Entity, and Developer, Developer shall be solely responsible for compensation payable to any employee, contractor, or subcontractor of the Developer, and none of Developer's employees, contractors, or subcontractors will be deemed to be employees, contractors, or subcontractors of the City, the Board, or any Participating Taxing Entity as a result of the Agreement.

  • No change under this section may result in an increase in the maximum contribution of the City or any other Participating Taxing Entity.

  • As between City, the Board, any Participating Taxing Entity, and Developer, Developer shall be solely responsible for compensation payable to any employee, contractor, or subcontractor of the Developer, and none of Developer’s employees, contractors, or subcontractors will be deemed to be employees, contractors, or subcontractors of the City, the Board, or any Participating Taxing Entity as a result of the Agreement.

  • To the extent permitted by Texas law, no director, officer, employee or agent of City, Board, or any other Participating Taxing Entity shall be personally responsible for any liability arising under or growing out of this Agreement.

  • The sole source of the funds to reimburse Developer shall be the Available Tax Increment levied and collected on the real property located in the TIRZ and contributed by the Participating Taxing Entity to the TIRZ Fund.

  • The sole source of the funds to reimburse Developer shall be the Available Tax Increment levied and collected on the real property located in the TIRZ and contributed by the Participating Taxing Entity to the TIRZ fund.

  • City and Board shall use reasonable efforts to cause each Participating Taxing Entity which levies real property taxes in the TIRZ to levy and collect their ad valorem taxes due on the TIRZ Property and to contribute their portion of the Available Tax Increment Funds toward reimbursing the Developer for the construction of the Public Improvements required under the Project Plan, Finance Plan and this Agreement.

  • Each Participating Taxing Entity shall participate in the payment of Project Costs only to the extent described herein.

  • City and Board shall use reasonable efforts to cause each Participating Taxing Entity which levies real property taxes in the TIRZ to levy and collect their ad valorem taxes due on the Project Site and to contribute their portion of the Available Tax Increment Funds toward reimbursing the Developer for the construction of the Public Improvements required under the Project Plan, Finance Plan, and this Agreement.