Examples of TIF Act in a sentence
The Applicant acknowledges that the City is not obligated by the execution of this Agreement to grant any establishing portion of the Request including a Redevelopment District or approving a Redevelopment Project Plan and that the establishment of the Redevelopment District and the approval of a Redevelopment Project Plan are subject to the sole discretion of the Governing Body of the City and the requirements of the TIF Act.
The City is a municipal corporation and political subdivision duly organized and existing under the laws of the State of Kansas and authorized by K.S.A. 12-1770 et seq., as amended (the "TIF Act"), to provide tax increment financing for certain qualified projects upon compliance with the procedures set forth in the TIF Act.