Examples of Revenue Deposit Agreement in a sentence
The bonds will be payable from tax increment (TIF) generated in the various TIF allocation areas identified in the Amended & Restated Revenue Deposit Agreement between the City and the CRC, with a back-up pledge of the special benefits tax for credit enhancement purposes.
Synopsis:This ordinance approves the issuance of Carmel Redevelopment Authority lease rental bonds in the maximum principal amount of $25,000,000 for the purpose of financing various capital projects, approves the form of one or more Lease Agreements between the Carmel Redevelopment Authority and the CRC, and authorizes an amendment to the Amended and Restated Revenue Deposit Agreement between the City and the CRC.
The RDC, the Developer and, the Deposit Trustee may, by written notice given by each to the others, designate any address or addresses to which notices, demands, certificates or other communications to them shall be sent when required as contemplated by this Revenue Deposit Agreement.
National Lime & Stone Co. (1994), 68 Ohio St. 3d 377; North Sanitary Landfill, Inc.
An Ordinance of the Common Council of the City of Carmel, Indiana, Approving Certain Carmel Redevelopment Authority Lease Rental Bonds, Approving One or More Lease Agreements Between the Carmel Redevelopment Authority and the Carmel Redevelopment Commission, Authorizing an Amendment to the Revenue Deposit Agreement Between the City and the Carmel Redevelopment Commission and Taking Other Actions Related Thereto; Sponsor(s):Councilor(s) Finkam, Carter, Rider, Worrell, Kimball and Campbell.
The Deposit Trustee and any successor Deposit Trustee may at any time resign from the trusts hereby created by giving written notice delivered or mailed to each of the other parties to this Revenue Deposit Agreement, and such resignation shall take effect at the appointment of a successor Deposit Trustee pursuant to Section 17 hereof and acceptance by the successor Deposit Trustee.
Upon termination of this Revenue Deposit Agreement, the Deposit Trustee shall pay all amounts on deposit under this Agreement to the RDC.
The terms defined in this Section 1 shall for all purposes of this Revenue Deposit Agreement have the meanings herein specified unless the context otherwise requires.
This Revenue Deposit Agreement shall be construed in accordance with the laws of the State.
Any action that may or must be taken by the RDC under this Revenue Deposit Agreement may be taken by the President of the RDC, the Mayor of the City of Fishers, Indiana, or the City Controller of the City of Fishers, Indiana, as authorized representatives of the RDC, or such other authorized representatives as may be designated in writing by the RDC and delivered to the Deposit Trustee.