Examples of Pass Through Agreements in a sentence
Ensuring the Quality of Work from Pass-Through Agreements, Grants, MOUs, etc…………..………………………………………….
Amendment No. 1 to the Original Redevelopment Plan, adopted on June 26, 1990 by Ordinance No. 90-0-115, superseded the Original Redevelopment Plan and is hereinafter referred to as the “Redevelopment Plan.” The combined acreage established by the Redevelopment Plan is referred to as the “Project Area.” However, because the area added by Amendment No. 1 is subject to some negotiated Pass-Through Agreements maps of the Project Area distinguish between Original and Amendment No.1 parcels.
Redevelopment Agency Pass-Through Agreements Previous California redevelopment law permitted redevelopment agencies to negotiate agreements with overlapping taxing jurisdictions, whereby the Agency pays a portion of its tax increment revenues to other jurisdictions whose revenue and function(s) may be adversely impacted by the Agency.
The Original Area was not subject to any Pass-Through Agreements.
In prior years, the Agency elected to set aside twenty percent (20%) of the Tax Increment Revenues received from the Redevelopment Project after deducting payments under the Pass-Through Agreements, in a Low and Moderate Income Housing Fund, commencing with Fiscal Year 1988-89.