Examples of Tax Increment Plan in a sentence
Therefore, the City has concluded that substantial development at this particular site--and hence any significant increase in market value--is not reasonably expected to occur unless the City provides tax increment assistance as described in this Tax Increment Plan.
The County Commission of Lake County does hereby adopt the Tax Increment Plan Number Six as presented.Passed this 3rd day of January 2023./s/Kelli WollmannChair, Lake County Commission ATTEST:/s/Paula Barrick Lake County Auditor2023 BOARD APPOINTMENTS/DEPT LIAISONS:CAO Shelli Gust presented the 2023 Board Appointment/Department Liaison listing.
All funds in the Tax Incremental District Number Six Fund shall be used solely for those purposes expressly stated and reasonably inferred in SDCL Chapter 11-96) Adoption of Tax Increment Plan.
Therefore the City has concluded that substantial development at this particular site--and hence any significant increase in market value--is not reasonably expected to occur unless the City provides tax increment assistance as described in this Tax Increment Plan.
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.