Examples of Tax Increment Plan in a sentence
Revenues captured through this Tax Increment Plan will be used to finance those improvements and projects outlined in Table 2 of the Development Plan in accordance with procedures specified in this Plan.
Further, captured revenues can be used to finance current financial obligations of DDA, to pay for costs incurred by the City/DDA in implementing both the Development Plan and the Tax Increment Financing Plan, marketing and promotions costs, to pay for costs associated with the administration and operation of the Development and Tax Increment Plan and its associated projects and programs.
At any time following the reimbursement of the Authority for the HRA Property Purchase Price and the payment in full of the principal of and interest on the TIF Notes, the Authority may use the remaining Tax Increment derived from the TIF District for any other authorized uses set forth in the Tax Increment Plan or may terminate the TIF District.
The City of Deadwood, South Dakota, declares the necessity for the adoption of Tax Increment Plan for Tax Incremental District Number Fourteen and Developer’s Agreement in the City of Deadwood (hereinafter sometimes referred to as the “District”), pursuant to SDCL Chapter 11-9.
The City of Tea, South Dakota, declares the necessity for the adoption of Tax Increment Plan for Tax Incremental District Number Two and Developer’s Agreement in the City of Tea (hereinafter sometimes referred to as the “District”), pursuant to SDCL Chapter 11-9.