Redevelopment TIF District definition

Redevelopment TIF District means the tax increment financing district established by the Authority in accordance with the TIF Act, on March 23, 2016, as amended from time to time, including without limitation as described in Section 9.3 of the Redevelopment Agreement, and referred to as “Ford Site Redevelopment Tax Increment Financing District (#322)” pursuant to the Tax Increment Financing Plan for the Redevelopment TIF District, adopted by the City Council on March 16, 2016, and adopted by the Authority on March 23, 2016, as amended from time to time.
Sample 1Sample 2Sample 3
Redevelopment TIF District has the meaning set forth in Recital A.
Sample 1

Examples of Redevelopment TIF District in a sentence

  • The City of Portland, by designating the Amended Bayside Redevelopment TIF District, will potentially capture all new investments made within the Amended District.

  • The Village also seeks to amend its existing Old Town Redevelopment TIF District, also established in 2016, by relocating certain parcels in that TIF (at the southeast corner of Main Street and Elm Avenue) to the new Spring Hill Mall 2 TIF, in order to create contiguity among the two TIFs. In addition to these efforts, the Village is also considering the adoption of a Business District for the Spring Hill Mall 2 TIF properties.

  • To address these conditions, in 2016, the Village adopted the Spring Hill Mall Redevelopment TIF District; however, due to further declines in EAV attributable to continued downward trends in sales and increasing vacancies related to the pandemic, along with the sale of the mall to a new owner in 202.

  • By Resolution 2011R-336 duly adopted July 1, 2011 and approved July 6, 2011, the City approved Modification No 1 to the Consolidated Redevelopment TIF District TIF Plan.

  • This project is also located in the existing Rte 111-Mill Redevelopment TIF District.

  • Councilmember Lewis motioned to approve Ordinance No. 2041 approving and adopting redevelopment Project Plan A1 within the Edgerton Homestead Lane Retail District Redevelopment (TIF) District in the City of Edgerton, Kansas.

  • In accordance with the Minimum Assessment Agreement, the City and Authority may select certain Lots to be removed from the Redevelopment TIF District and incorporated into new housing TIF districts established in accordance with the TIF Act, and the Owners (including Assignee, if applicable) of such Lots shall execute a replacement minimum assessment agreement substantially in the form attached as Exhibit D to the Minimum Assessment Agreement.

  • The City of Portland, by designating the Amended Bayside Redevelopment TIF District, will capture all new investments made within the Amended District.

  • The issuance of any general obligation bonds, supported by tax increment from the new district, will not negatively impact the City’s ability to issue other debt for general fund purposes.Exhibit 4Consolidated Redevelopment TIF District Tax Increment Schedule (2011‐2020)(actual #'s in 2011‐2016 and projected #'s in 2017‐2020) Rev.

  • Modification No 1 removes the three parcels that constitute the DC Group Expansion TIF District from the Consolidated Redevelopment TIF District.

Related to Redevelopment TIF District

  • Redevelopment Area means the community redevelopment area described, defined or otherwise identified or referred to in the Redevelopment Plan.

  • Redevelopment Plan means the “Lincoln Center Redevelopment Plan” passed, adopted and approved by the City pursuant to the Resolution, and shall include any amendment of said Redevelopment Plan heretofore or hereafter made by the City pursuant to law.

  • Redevelopment Commission means the Fishers Redevelopment Commission.

  • Redevelopment entity means a municipality or an entity

  • Redevelopment project means a specific construction project

  • Improvement district means a local district that operates under and is subject to the provisions of this chapter and Chapter 2a, Part 4, Improvement District Act, including an entity that was created and operated as a county improvement district under the law in effect before April 30, 2007.

  • Redevelopment Project Area means an area designated by the municipality, which is not less in the aggregate than 1 1/2 acres and in respect to which the municipality has made a finding that there exist conditions which cause the area to be classified as an industrial park conservation area or a blighted area or a conservation area, or a combination of both blighted areas and conservation areas.

  • Redevelopment means areas where development is replacing older development.

  • Redevelopment Law means Article VIII, Section 12 of the Constitution of the State and Chapter 18, Article 21, Reissue Revised Statutes of Nebraska, as amended.

  • Redevelopment Agreement means an agreement between the

  • Development Area means that area to which a development plan is applicable.

  • Fire district means a fire district constituted as such by or pursuant to the provisions of the Fire Brigades Act;

  • Redevelopment Property means a property owned by the Company or a Consolidated Subsidiary (a) where the commenced leased square footage is less than 60% of the sum of net rentable square feet and redevelopment space, with reasonable adjustments to leased square footage determined in good faith by the Company, including adjustments for available power, required support space and common area and (b) that the Company reasonably characterizes as held in whole or in part for redevelopment.

  • Development Site means any parcel or lot on which exists or which is intended for building development other than the following:

  • Aviation district means all areas within the boundaries of the

  • SDA district means an SDA district as defined in section 3 of P.L.2000, c.72 (C.18A:7G-3).

  • Redevelopment Contract means this redevelopment contract between the Authority and Redeveloper with respect to the Project.

  • School district means a public school district.

  • Urban district means the territory contiguous to and including any street or highway which is built up with structures devoted to business, industry, or dwelling houses situated at intervals of less than one hundred feet for a distance of a quarter of a mile or more, and the character of such territory is indicated by official traffic control devices.

  • Generation Interconnection Facilities Study means a Facilities Study related to a Generation Interconnection Request.

  • Resident district means the school district in which a student is entitled to attend school under section 3313.64 or 3313.65 of the Revised Code.

  • Generation Interconnection Feasibility Study means a study conducted by the Transmission Provider (in coordination with the affected Transmission Owner(s)) in accordance with Tariff, Part IV, section 36.

  • Development Project means a project for the development of land within a project area.

  • Transportation district and "district" shall mean the

  • Commercial real estate means real estate or an interest in real estate that is not any of the following:

  • Residential district means an area of a municipality where 75% or more of the area is zoned for residential housing.