Property Tax Increment Revenues definition

Property Tax Increment Revenues means the incremental property tax revenues from the Property derived from ad valorem property tax levies described in C.R.S. § 31-25- 107(9)(a)(II) allocated to the Special Fund for the Urban Renewal Project.

Property Tax Increment Revenues means all revenues produced by property tax levies on the TIF portion of the property tax assessment roll, as described in Section 31-25- 107(9)(a)(II) of the Act allocated to the Special Fund for the Duration of the TIF Financing provisions of the Plan.

Property Tax Increment Revenues means the incremental property tax revenues from the real property within the Urban Renewal Plan Area derived from ad valorem property tax levies described in C.R.S. § 31-25-107(9)(a)(II) allocated to the Special Fund for the Urban Renewal Project.

Examples of Property Tax Increment Revenues in a sentence

• This Agreement applies only to the Property Tax Increment Revenues, as calculated, produced, collected and paid to the Authority and to the School District from the Urban Renewal Area by the Larimer County Treasurer in accordance with §31-25-107(9)(a)(II) of the Act, the rules and regulations of the Property Tax Administrator of the State of Colorado, and this Agreement and does not include any other revenues of the County, City, School District or the Authority.

• Upon the earlier of: 1) the occurrence of the Duration; or 2) the payment in full of all bonds, loans, advances and indebtedness, if any, incurred by the Authority to pay for the Improvements, including interest thereon and any premiums due in connection therewith in accordance with §31-25-107(9)(a)(II) of the Act, all Property Tax Increment Revenues shall be paid by the Larimer County Treasurer to the School District.

• In compliance with the requirements of the Act, including the Amended 1348 Requirements, the Parties have negotiated and agreed to the sharing of Property Tax Increment Revenues as set forth herein.

More Definitions of Property Tax Increment Revenues

Property Tax Increment Revenues means the ad valorem property tax revenues collected on the Incremental Valuation of all taxable property located within the Property.

Property Tax Increment Revenues means all the TIF revenues derived from ad valorem property tax levies described in §31-25-107(9)(a)(II) of the Act allocated to the Special Fund for the Duration.

Property Tax Increment Revenues means all the TIF revenues derived

Property Tax Increment Revenues means the ad valorem property tax revenue received by the Authority from the County Treasurer in excess of the amount produced by the annual levy of all taxing bodies that levy property taxes in the Urban Renewal Area against the Property Tax Base Valuation, pursuant to Section 31-25-107(9)(a)(ii), C.R.S. and Section 7.0 of the Urban Renewal Plan.

Property Tax Increment Revenues means all of the TIF revenues described in§31-25-107(9)(a)(II) of the Act allocated to the Special Fund for the Duration of the Urban Renewal Project.

Property Tax Increment Revenues means the annual ad valorem property tax revenue received by the Authority from the Larimer County Treasurer in excess of the amount produced by the levy of those taxing bodies that levy property taxes against the Property Tax Base Amount in the Urban Renewal Area in accordance with the Act and the regulations of the Property Tax Administrator of the State of Colorado, but not including any offsets collected by the Larimer County Treasurer for return of overpayments or any reserve funds retained by the Authority for such purposes in accordance with Sections 31-25-107(9)(a)(III) and (b) of the Act, and credited to the Special Fund.

Property Tax Increment Revenues means that portion of the incremental increases in annual property tax revenues allocated in the Plan of Development in accordance with the Downtown Development Authority Act, generated from the Project, and credited to the Special Fund.