Tax Increment Revenue Fund definition

Tax Increment Revenue Fund means the special fund established by the Authority and funded with payments made by the City and any other participating Taxing Units, pursuant to the Mission Agreement (which payments are attributable to increased ad valorem property taxes paid on the property within the TIRZ over the base year of 2001).
Sample 1Sample 2Sample 3
Tax Increment Revenue Fund means the special fund established by the Baytown Authority with respect to the Baytown Zone, and funded with payments made by the City and any other participating Taxing Units, pursuant to the Baytown Agreement.
Sample 1

Examples of Tax Increment Revenue Fund in a sentence

  • The equal interval further ensures that the intervals can be amendable mathematical relation in terms of addition and subtraction.The primary drawback of the interval scale is the lack of a true zero and its capacity to measure the complete absence of a trait.

  • In accordance with the requirements of the law, the Authority shall establish a Tax Increment Revenue Fund for the deposit of all funds generated pursuant to the division of ad valorem property and municipal sales tax revenue described in this section.

  • If a substitute member replaces a retired member, his/her office shall expire at the end of the Shareholders’ Meeting at which a replacement is elected in accordance with Subsection 2 above, or at the latest when the term of office of the retired member would have expired.

  • This result also implies that if either of these parameters is constant then there cannot be an EKC where first pollution increases and then decreases.

  • There has been established the Agribusiness Urban Renewal Area Tax Increment Revenue Fund (the " Tax Increment Fund"), into which all incremental property tax revenues received from the Urban Renewal Area are deposited.

  • Ordinance means the ordinances of the County, as may be amended and enacted from time to time, under which the taxes levied on taxable property in the Urban Renewal Area shall be divided and a portion paid into the Linn County Urban Renewal Tax Increment Revenue Fund.

  • There is hereby created a fund to be held by the Deposit Trustee and designated as the “Village Center Tax Increment Revenue Fund.” Within the Village Center Tax Increment Revenue Fund there shall be maintained a General Account and an Excess Revenues Account.

  • There is hereby created a fund to be held by the Deposit Trustee and designated as the “Town Tax Increment Revenue Fund.” Within the Town Tax Increment Revenue Fund there shall be maintained a General Account and an Excess Revenues Account.

  • Other than as expressly provided in this Loan Agreement, neither The Project Fund nor The Tax Increment Revenue Fund is subject to any lien, security interest or right of set-off in favor of any lender, creditor or claimant of IDB.

  • THE TAX INCREMENT REVENUE FUNDSection 7.1 Establishment of The Tax Increment Revenue Fund.

Related to Tax Increment Revenue Fund

  • Tax Increment means the difference between:

  • Available Tax Increment means the Gross Tax Increment received by the City from Hennepin County during the period preceding each semi-annual Payment Date, less (i) the amount of tax increment, if any, which the City must pay to the school district, the county and the state pursuant to Minnesota Statutes, Sections 469.177, Subds. 9 and 11; 469.176, Subd. 4h; and 469.175, Subd. 1a, as the same may be amended from time to time, (ii) actual administrative costs of the City in an amount not to exceed 10% of Gross Tax Increment.

  • Fixed Incremental Amount means (a) the greater of $415,000,000 and 100.0% of Consolidated Adjusted EBITDA for the most recently ended Test Period minus (b) the aggregate outstanding principal amount of all Incremental Facilities and Incremental Equivalent Debt incurred or issued in reliance on the Fixed Incremental Amount.