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.
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Redevelopment TIF District has the meaning set forth in Recital A.
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Examples of Redevelopment TIF District in a sentence

  • If the ordinance was adopted on May 17, 2000, as subsequently amended, by the City of Chicago to create the Midwest Redevelopment TIF District.

  • Approve resolution approving the DC Group Expansion Tax Increment Financing (TIF) Plan and Modification No. 2 to the Consolidated Redevelopment TIF District TIF Plan, which will create a new redevelopment TIF District within the North Washington Industrial Park Redevelopment Project to facilitate the renovation and expansion of the DC Group Inc.

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

  • Samsung Networks is in the business of providing network and telecommunication services.

  • Tax Increment Financing Districts (TIF):The City currently has three TIF districts: The Downtown 2000 TIF district, The Oread TIF district and the 9th & New Hampshire TIF District • The Downtown 2000 Redevelopment TIF District was created to support the development of the parking garage at 10th and New Hampshire and other cultural, commercial, office, and apartment developments.

  • It is used to account for and report all financial resources except those accounted for and reported in another fund.Commercial Redevelopment TIF District Fund - used to account for incremental tax revenues that are restricted for improvements made in the Commercial Redevelopment TIF district.Hotel/Motel Tax Fund - used to account for the disbursements of the City's hotel/motel tax revenues.

  • The City Administrator stated that TIF District 7-1 was established to assist with the Suite Living senior housing development, and the remaining parcels in this area should be a high priority for redevelopment due to the availability of tax increment and the limited time remaining to utilizeWORKSHOP MINUTES CITY COUNCILJULY 22, 2020 the Redevelopment TIF 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.

  • Section 14.6(a) shall apply in respect of North American, Canada and Australia users, otherwise Section 14.6(b) shall apply: (a) this Agreement will be governed by, and construed in accordance with, the laws of the State of Delaware, USA without regard to its conflicts of law rules.

  • The Company / financial institution / bank shall always have the first lien / charge on the Said Apartment for all its dues and other sums payable by the Applicant.

Related to Redevelopment TIF District

  • Development District means Municipal Development District No. 4 in the City, which is described in the corresponding Development Program.

  • 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 any work or undertaking

  • 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 36.2.

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

  • 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: