TIF Assistance definition

TIF Assistance means reimbursement of TIF Qualified Costs through payments from the Authority to Developer of Available Tax Increments pursuant to the terms and conditions of the TIF Note and Legal Requirements.
Sample 1
TIF Assistance means provision by the Authority of Available Tax Increment to assist Redeveloper in repaying the Minimum Improvements Loan in accordance with Article V.
Sample 1
TIF Assistance means reimbursement of Eligible Reimbursable Expenses through payments from the Authority to Developer of Pledged Tax Increments pursuant to the terms and conditions of the TIF Note and applicable Law.
Sample 1

Examples of TIF Assistance in a sentence

  • In the event of any inconsistency or conflict between the requirements of this Agreement and a Development Contract, the provisions of the Development Contract shall control; provided, however, that for the purposes of Section 9.3 of this Agreement regarding Defaults that authorize the Authority to withhold payments on any TIF Assistance, this Agreement controls.

  • To enable the City and the Authority sufficient time to establish a Housing TIF District, if Xxxxxxx is seeking TIF Assistance for an Affordable Rental Element, it shall provide the City and the Authority written notice 180-days before submission of any application for the Element City Approval for such Affordable Rental Element.

  • Request for TIF Assistance Specifically state the amount of TIF assistance that is necessary to make this project possible.

  • To enable the City and the Authority sufficient time to establish a Housing TIF District, if Assignee is seeking TIF Assistance for an Affordable Rental Element, it shall provide the City and the Authority written notice 180-days before submission of any application for the Element City Approval for such Affordable Rental Element.

  • Redeveloper understands that if Commencement of the Minimum Improvements is delayed beyond the Default Date for any reason, then the City and Authority will not have the legal authority to issue the Minimum Improvements Loan or offer the TIF Assistance contemplated in this Agreement.

  • In the event of any inconsistency or conflict between the requirements of this Agreement and a Development Contract, the provisions of the Development Contract shall control; provided, however, that for the purposes of Section 8.3 of this Agreement regarding Defaults that authorize the Authority to withhold payments on any TIF Assistance, this Agreement controls.

  • Based on Developer’s representation that the total costs shown in the Sources and Uses Budget are $83,961,872, that the sources of revenue available to pay such costs, including other sources of Public Investment, but excluding the TIF Assistance contemplated herein, is $37,457,821, and that Developer is unable to obtain private financing for such costs, the Authority has agreed to provide TIF Assistance in accordance with this Agreement.

  • Unless otherwise defined herein or unless context requires otherwise, undefined terms used herein shall have the meanings set forth in the TIF Assistance Agreement.

  • The Authority shall provide up to $5,000,000 in TIF Assistance to Redeveloper as reimbursement for Qualified Costs to assist Redeveloper in repaying the Minimum Improvements Loan in accordance with this Article V.

  • In the event of any inconsistency or conflict between the requirements of this Agreement and the Development Contract, the provisions of the Development Contract shall control; provided, however, that for the purposes of Section 8.3 of this Agreement regarding Events of Default that authorize the Authority to withhold payments on any TIF Assistance, this Agreement controls.


More Definitions of TIF Assistance

TIF Assistance means the tax increment financing assistance provided by the Authority to the Developer for up to nine years in the maximum amount of $486,480.
Sample 1

Related to TIF Assistance

  • Cash assistance means cash benefits provided under the family independence program, the refugee assistance program, or state disability assistance.

  • Public assistance means Temporary Assistance for Needy Families (TANF); auxiliary grants to the

  • Legal assistance means provision of legal advice, counseling and representation by an attorney or other person acting under the supervision of an attorney.

  • General Assistance means a service in which the End User dialing - 0 asks the OS operator for assistance. The operator will respond in accordance with OS methods and practices that are in effect at the time the End User makes an OS call where available and technically feasible.

  • Medical assistance means medical assistance as established under title XIX of the social security act, 42 USC 1396 to 1396w-5.

  • technical assistance means any technical support related to repairs, development, manufacture, assembly, testing, maintenance, or any other technical service, and may take forms such as instruction, advice, training, transmission of working knowledge or skills or consulting services, including verbal forms of assistance;

  • Directory assistance means an ancillary service of providing:

  • Medication assistance means assistance rendered by a

  • Energy assistance means benefits to assist low-income households with their home heating and

  • occasional assistance means any payment or provision made by a local authority, the Welsh Ministers or the Scottish Ministers for the purposes of—

  • Government assistance means a grant, loan, or tax increment financing that result in a financial benefit from an agency, commission, instrumentality, or other entity of the District government.

  • Directory Assistance Service includes, but is not limited to, making available to callers, upon request, information contained in the Directory Assistance Database. Directory Assistance Service includes, where available, the option to complete the call at the caller's direction. "Directory Listings" or "Listings" are any information identifying the listed names of subscribers of a Telecommunications Carrier or Provider, as applicable, and such subscribers' telephone numbers, addresses, or primary advertising classifications (as such classifications are assigned at the time of the establishment of such service), or any combination of such listed names, numbers, addresses or classifications: (1) that the Telecommunications Carrier and/or Provider provides or uses for the purpose of publishing the Listings in any directory format; or (2) that the Telecommunications Carrier and/or Provider provides or uses in Directory Assistance Service, Directory Assistance List Service, or for other lawful purposes.

  • Rental Assistance or “Subsidy” means Gross Rent minus the sum of the utility allowance and the Eligible Household’s payment of 30% of their monthly net income.

  • Housing assistance means appropriate referrals by the

  • Directory Assistance Database shall have the meaning set forth in Section 10.5.2.2. "Directory Assistance Lists" shall have the meaning set forth in Section 10.6.1.1.

  • Employee Assistance Program means an established program for employee assessment, counseling, and referral to an alcohol and drug rehabilitation program.

  • Dependent care assistance program or "DCAP" means a benefit plan whereby school employees may pay for certain employment related dependent care with pretax dollars as provided in the salary reduction plan under chapter 41.05 RCW pursuant to 26 U.S.C. Sec. 129 or other sections of the Internal Revenue Code.

  • Financial assistance means the transfer of money or property to an Applicant or Participant to accomplish a public purpose of support authorized by Federal statute through Grants or Cooperative Agreements and sub-awards. For DOE, it does not include direct loans, loan guarantees, price guarantees, purchase agreements, Cooperative Research and Development Agreements (CRADAs), or any other type of financial incentive instrument.

  • Medical assistant means an unlicensed person who meets the

  • Termination Assistance means the activities to be performed by the Supplier pursuant to the Exit Plan, and any other assistance required by the Customer pursuant to the Termination Assistance Notice;