TIF Bonds definition

TIF Bonds means tax increment revenue bonds, if any, authorized and issued by the Authority in accordance with the TIF Act and this Agreement.

TIF Bonds means tax increment revenue bonds issued by the City to refund Notes in accordance with Section 5.2 of the Redevelopment Agreement.

TIF Bonds means the tax increment financing general obligation bonds issued by the City, which the City will pledge tax increment revenue from the TIF District and special assessments for debt service thereof. It is acknowledged that the TIF Bonds may be taxable.

Examples of TIF Bonds in a sentence

• The Redevelopment Agreement provides for City support for the Project through grants to Redeveloper, funded through the issuance of TIF Bonds.

• The TIF Bonds are to be repaid with tax increment revenue generated by the Ad Valorem Tax Provision in accordance with the terms of the Redevelopment Agreement and the Nebraska Community Development Law.

• Subject to the terms of this Redevelopment Agreement, the City Finance Director on behalf of the City shall have the authority to determine the timing of issuance of the TIF Indebtedness and all other details of the TIF Indebtedness, TIF Bonds, TIF Tax Revenues, Project Account, and Grant of Funds for the eligible TIF costs; provided that, the semi-annual TIF Tax Revenues shall be applied toward payment of the annual debt service of the TIF Indebtedness.

• The Developer acknowledges and agrees that no money or credit of the City is available to fund the purchase price of the City Conference Center Unit other than proceeds available from the TIF Bonds and if the City is not able to issue such TIF Bonds in the aggregate amount of such purchase price, the City will be unable to pay such purchase price.

• The Developer acknowledges and agrees that no money or credit of the City is available to fund the purchase price of the Parking Facility other than proceeds available from the TIF Bonds and the Parking Facility Revenue Bonds and if the City is not able to issue such TIF Bonds and Parking Facility Revenue Bonds in the amount of such purchase price, the City will be unable to pay such purchase price.

More Definitions of TIF Bonds

TIF Bonds means any tax increment revenue bonds (a) authorized and issued by the City in accordance with the TIF Act or (b) authorized and issued by the IDA in accordance with Chapter 349 of the Revised Statutes of Missouri, as amended.

TIF Bonds means full faith and credit tax increment financing bonds to pay TIF Eligible Costs as set forth in Section 6.02.

TIF Bonds means the tax increment revenue bonds of the City expected to be issued in one or more series pursuant to the Conference Center and Parking Facility Development Agreement to pay the costs of acquiring the City Conference Center Unit, to fund a deposit to a debt service reserve account, if necessary or desirable, and to pay a portion of the costs of acquiring the Parking Facility and to pay costs of issuing the TIF Bonds.

TIF Bonds means tax increment financing bonds, notes or other obligations issued by the PFA pursuant to this chapter.

TIF Bonds means the City of Cleveland, Ohio Economic Development Revenue Bonds, Series 2003A (Lower Euclid Avenue Project).

TIF Bonds means one or more series of bonds issued to fund costs of the Public Infrastructure Improvements.

TIF Bonds shall have the meaning given in Recital F.