Revitalization Tax Exemption Certificate definition

Revitalization Tax Exemption Certificate means a revitalization tax exemption pursuant to this Bylaw;
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Revitalization Tax Exemption Certificate means a Revitalization Tax Exemption Certificate issued by the Town of Creston pursuant to this Bylaw and pursuant to the provisions of Section 226 of the Community Charter, substantially in the form attached to this Bylaw as Schedule “B”;
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Revitalization Tax Exemption Certificate means the revitalization tax exemption certificate that is issued in accordance with section 8 of this Agreements, and in accordance with Bylaw 3466;
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Examples of Revitalization Tax Exemption Certificate in a sentence

  • As long as the Revitalization Tax Exemption Certificate has not been cancelled, the eligible improvements shall be exempt from municipal property taxes subject to the conditions this Certificate provides.

  • Subject to the fulfillment of the conditions set out in this Agreement and Bylaw 3466, the City will issue a Revitalization Tax Exemption Certificate to the British Columbia Assessment Authority entitling the Owner to a Tax Exemption for the Tax Years during the Term (the “Tax Exemption Certificate”).

  • CancellationIf any of the foregoing Conditions are not met or the Owner has requested cancellation then the Council may cancel this Revitalization Tax Exemption Certificate.

  • Ten (10) years as follows: Year’s 1 – 5 100% municipal tax exemptionYear 6 80% municipal tax exemptionYear 7 60% municipal tax exemptionYear 8 40% municipal tax exemptionYear 9 20% municipal tax exemptionYear 10 10% municipal tax exemption The term commences on January 1 of the first calendar year after the calendar year that the Revitalization Tax Exemption Certificate is issued prior to October 31.

  • Ten (10) years as follows: Year’s 1-10 100% municipal tax exemption The term commences on January 1 of the first calendar year after the calendar year that the Revitalization Tax Exemption Certificate is issued prior to October 31.

  • The maximum Term of an exemption under the Program is 5 years, with no opportunity for extension, commencing on January 1 of the first Calendar Year after the Calendar Year in which the Revitalization Tax Exemption Certificate is issued, as long as it is issued prior to October 31 in the previous Calendar Year.

  • The completed agreement would be provided for Council consideration, and if approved, a Revitalization Tax Exemption Certificate would be issued.

  • The Owner covenants and agrees with the District that the Term of this Agreement is: (b) Development: Five (5) years as follows: Year 1 100% municipal tax exemptionYear 2 80% municipal tax exemptionYear 3 60% municipal tax exemptionYear 4 40% municipal tax exemptionYear 5 20% municipal tax exemption The term commences on January 1 of the first calendar year after the calendar year that the Revitalization Tax Exemption Certificate is issued prior to October 31.

  • Subject to fulfillment of the conditions set out in this Agreement and in the bylaw, the District shall issue a Revitalization Tax Exemption Certificate to the British Columbia Assessment Authority entitling the Owner to a property tax exemption in respect of the property taxes due (not including local service taxes) in relation to the improvements on the Parcel (the “Tax Exemption”) for the calendar year(s) set out in this Agreement.

  • She explained that the next step would be to provide a Revitalization Tax Exemption Certificate.


More Definitions of Revitalization Tax Exemption Certificate

Revitalization Tax Exemption Certificate means the revitalization tax exemption certificate issued in accordance with section 8 of this Agreement, and in accordance with the Bylaw;
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Related to Revitalization Tax Exemption Certificate

  • Tax Exemption Certificate means the Tax Exemption Certificate approved under the terms of this Resolution and to be executed by the Treasurer and delivered at the time of issuance and delivery of the Notes.

  • Exemption Certificate is defined in clause (e) of Section 4.6.

  • Tax Exemption means any financial assistance granted to a project which is based upon all or a portion of the taxes which would otherwise be levied and assessed against a project but for the involvement of the Agency in such project.

  • U.S. Tax Certificate has the meaning assigned to such term in Section 2.17(f)(ii)(D)(2).

  • Federal Tax Certificate means the Issuer's Federal Tax Certificate dated as of the Issue Date, as the same may be amended or supplemented in accordance with the provisions thereof.

  • United States Tax Compliance Certificate has the meaning specified in Section 3.01.

  • Tax-Exempt Organization means a "governmental unit," as such term is used in Sections 141 and 148 of the Code.

  • Tax Certificate means the Tax Certificate and Agreement, dated the Closing Date, executed and delivered by the Governmental Lender and the Borrower.

  • Allocation Certificate has the meaning set forth in Section 1.12(b).

  • Non-Bank Tax Certificate shall have the meaning provided in Section 5.4(e)(ii)(B)(3).

  • Tax-Exempt means with respect to interest on any obligations of a state or local government, including the Bonds, that such interest is excluded from gross income for federal income tax purposes; provided, however, that such interest may be includable as an item of tax preference or otherwise includable directly or indirectly for purposes of calculating other tax liabilities, including any alternative minimum tax or environmental tax, under the Code.

  • U.S. Tax Compliance Certificate has the meaning specified in Section 3.01(e)(ii)(B)(III).

  • Occupation Certificate means any occupation certificate as referred to in s 6.4 of the Act in respect of the Development Consent;

  • Information Certificate means the Information Certificate of Borrower constituting Exhibit A hereto containing material information with respect to Borrower, its business and assets provided by or on behalf of Borrower to Lender in connection with the preparation of this Agreement and the other Financing Agreements and the financing arrangements provided for herein.

  • Tax Exempt Bond-Financed Development means a Development which has been financed by the issuance of tax-exempt bonds subject to applicable volume cap pursuant to Section 42(h)(4) of the IRC.

  • Completion Certificate means the certificate to be issued by the Engineer-in- Charge when the work/s have been completed to his satisfaction as per terms of the contract.

  • FIRPTA Certificate an affidavit from the Annual Conference pursuant to Section 1445(b)(2) of the Code in the form attached hereto as Exhibit D, and on which Buyer is entitled to rely, that Seller is not a “foreign person” within the meaning of Section 1445(f)(3) of the Code

  • Departmental Schedule , which means the Public Works Department Schedule of Rates in different district of West Bengal for the working area including up-to-date addenda and corrigenda, if any.

  • Tax-Exempt Bonds means Bonds of a Series the interest on which, in the opinion of Bond Counsel on the date of original issuance thereof, is excludable from gross income for federal income tax purposes.

  • Additional Disclosure Notification The form of notification to be included with any Additional Form 10-D Disclosure, Additional Form 10-K Disclosure or Form 8-K Disclosure Information which is attached to this Agreement as Exhibit W.

  • Tax-Exempt Bond means any of a series of the Schwarz Paper Building Redevelopment Project Tax Allocation Bonds of the City, the interest on which is determined by the City to be excludable from gross income for federal income tax purposes.

  • Baggage Identification Tag means a document issued by the carrier solely for identification of checked baggage, part of which is given to the passenger as a receipt for the passenger’s checked baggage and the remaining part is attached by the carrier onto a particular piece of the passenger’s checked baggage.

  • Change in Tax Classification has the meaning set forth in Section 5.2(h).

  • Tax Matters Person Certificate The Class A-R Certificate with a Denomination of $0.01.

  • Tax Certification Forms means any forms or other documentation as may be issued or required by a Tax Authority or by us from time to time to confirm your tax status [or the tax status of a Connected Person].

  • certificate of exemption means any document evidencing that the entity is exempt from