Tax Increment District definition

Tax Increment District or "district" means that area to which the tax increment finance plan pertains.
Tax Increment District means Tax Increment Financing District No. 13, as modified, located within the Development District, a description of which is set forth in the Tax Increment Financing Plan, which was qualified as a redevelopment district under the Tax Increment Act;
Tax Increment District means that area wholly within the corporate limits of a municipality that has been established and designated as such pursuant to section 2 of the TIF Act and that is to be developed under a District Master Plan.

Examples of Tax Increment District in a sentence

  • The City may choose to decertify the Tax Increment District at an earlier date if the obligations of this Agreement have been met or an Event of Default causes the City to rescind or cancel this Agreement.

  • The Developer has proposed to construct the Project or have the Project constructed on Developer’s behalf, and in order to receive the substantial benefit of the Tax Increment District has requested that the City establish a schedule for the reimbursement of the Tax Increments.

  • The term of this Agreement and the requirements on the Developer set forth in this Agreement shall commence on the day and year first above written until the earlier of (i) the date this Agreement is terminated pursuant to Section 4.2 or Section 6.1, (ii) payment in full or expiration of the City’s Tax Increment Note, or (iii) the date of termination of the Tax Increment District.

  • The Tax Increment District shall exist no longer than through the collection, by the City, of the 2030 second half Tax Increments.


More Definitions of Tax Increment District

Tax Increment District means the Gravel Mining Area Tax Increment Financing District located within the Project Area, a description of which is set forth in the Tax Increment Financing Plan, which was qualified as a soil deficiency district under the Special Legislation;
Tax Increment District or “TIF District” means the Authority’s Redevelopment Tax Increment Financing District No. 2.
Tax Increment District means City of Mitchell, Tax Increment District Number 9.
Tax Increment District or “TIF District” mean Tax Increment Financing (Housing) District No. 8.
Tax Increment District means that area wholly within the corporate limits of a
Tax Increment District or “TIF District” means the Marsh Run Tax Increment Financing
Tax Increment District means City of Sioux Falls Tax Increment District Number 16.