Tax Increments definition

Tax Increments means the property tax revenues from the Development Property divided and made available to the City under the provisions of Iowa Code Section 403.19 and the Ordinance.

Tax Increments means the tax increments derived from the Tax Increment District created in accordance with the provisions of Minnesota Statutes, section 469.177;

Tax Increments means the tax increments derived from the TIF District and the improvements thereon which have been received and retained by the Authority in accordance with the provisions of Minnesota Statutes, Section 469.177;

Examples of Tax Increments in a sentence

• This Note is not a general obligation of the City and neither the full faith and credit nor the taxing powers of the City are pledged to the payment of the principal of this Note and no property or other asset of the City, save and except the above-referenced Tax Increments, is or shall be a source of payment of the City's obligations hereunder.

• The City makes no representation or covenant, express or implied, that the Tax Increments will be sufficient to pay, in whole or in part, the amounts which are or may become due and payable hereunder.

• On each Payment Date the City shall pay by check or draft mailed to the person that was the Registered Owner of this Note at the close of the last business day of the City preceding such Payment Date an amount equal to the sum of the Tax Increments (hereinafter defined) received by the City during the six month period preceding such Payment Date.

• The Developer herby guarantees that commencing in 2018, Tax Increments received during each calendar year will be at least equal to the debt service payable by the City during such calendar year on all amounts disbursed for or on behalf of the Project.

• The City makes no representation or covenant, expressed or implied, that the Tax Increments will be sufficient to pay, in whole or in part, the amounts which are or may become due and payable hereunder.

More Definitions of Tax Increments

Tax Increments means the tax increments derived from the TIF District and the improvements thereon which have been received and are permitted to be retained by the HRA in accordance with the TIF Act including, without limitation, Minnesota Statutes, Section 469.177, as amended;

Tax Increments means increments, as defined in Minnesota Statutes, Section 469.174 subdivision 25, clause (1), as the same may be amended, from the Tax Increment District.

Tax Increments means the property tax revenues derived from the assessed value (after rollback) of the Minimum Improvements and Development Property in excess of the Development Property’s January 1, 2019 assessed value (after rollback) of $391,550, and divided and made available to the City for deposit in the Oskaloosa Gateway Hotel, LLC TIF Account of the Oskaloosa Urban Renewal Area Tax Increment Revenue Fund.

Tax Increments means the property tax revenues from property in the Area made available to the City for deposit in the Oskaloosa Urban Renewal Area Tax Increment Revenue Fund under the provisions of Section 403.19 of the Code, as amended, and the Ordinance. Termination Date means the date of termination of this Agreement, as established in Section 12.8 of this Agreement.

Tax Increments means the property tax revenues on the Minimum Improvements divided and made available to the City for deposit in the Xxxxxx Trust TIF Account of the Bloomfield Urban Renewal Area #1 Urban Renewal Tax Increment Revenue Fund under the provisions of Section 403.19 of the Code, as amended, and the Ordinance. Tenant means Xxxx Xxxxxx LLC, and each assignee that assumes in writing all of the obligations of the Tenant under this Agreement with the written consent of the City to the extent required by Section

Tax Increments means the tax increments derived solely from Development Property located within the Tax Increment District No. 33-1 created in accordance with the provisions of Minn. Stat. §469.177;

Tax Increments means, with respect to each Taxing Unit in each year, the amount of property taxes levied by the Taxing Unit for that year on the Captured Appraised Value of real property taxable by the Taxing Unit and located in TIRZ Five that are deposited to the Tax Increment Fund.