TIF Eligible Costs definition

TIF Eligible Costs means the “redevelopment project costs” as defined in the TIF Act for the City Project and approved in the TIF Project Plan by the City and described in this Agreement.
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TIF Eligible Costs means all TIF District project costs which are eligible for payment from TIF Bonds proceeds or reimbursement from Excess TIF Funds under the TIF Act and including but not limited to the Internal Infrastructure Improvements costs, the Site Preparation Costs, and costs of the 00xx Xxxxxx Improvements.
Sample 1
TIF Eligible Costs means all TIF District project costs which are eligible for payment from TIF Bonds proceeds or reimbursement from Excess TIF Funds under the TIF Act and including but not limited to costs of the City Improvements.
Sample 1

Examples of TIF Eligible Costs in a sentence

  • After the bond obligations are paid off, providing that the bond obligations are paid off by the tax increment prior to the expiration of the term of this Agreement, fifty percent (50%) of all of the tax increment generated by the Redevelopment Site after the bond obligations are retired and during the remaining term of this Agreement will be distributed to the Developer for TIF Eligible Costs incurred and documented by the Developer as provided herein up to a maximum reimbursement amount of $16,000,000.

  • No rights to a TIF may be sold, assigned, or leased unless otherwise specified in the Development and Financing Agreement, provided however that the LDC will consent to the collateral assignment of TIF Revenues to secure financing for the TIF Eligible Costs.

  • This project selects and standardizes survey methods, in hopes that future surveys will be conducted with these same standardized methods in order to more accurately determine long term population trends, both within Esquimalt and in the surrounding areas.

  • The total Development Incentive shall be an amount not to exceed the lesser of: 1)$2,500,000; 2) the sum of all TIF Eligible Costs as defined herein; or, 3) the amount which is equivalent to thirty-five and three-tenths percent (35.3%) of the Project Completion Costs, as defined herein.

  • TIF Eligible Costs are costs for improvements that are eligible to be made in compliance with the TIF Act, and the City covenants, represents and warrants that the Eligible Improvement Costs are TIF Eligible Costs.8.06 Indemnification.

  • This Agreement specifies the rights, duties and obligations of the City and Developer with respect to constructing the Phase 3 Project, the payment of TIF Eligible Costs and all other methods of implementing the Development Plan and the Phase 3 Project Plan.

  • Those Tax Increment Funds will be paid to Developer for reimbursement of TIF Eligible Costs.

  • Developer shall have the right to transfer costs between and among the line items within the Project Budget, provided that (1) the figure for total TIF Eligible Costs does not change and (2) the City Representative approves in writing all such changes and transfers greater than 10% for any line item within the Project Budget.

  • Developer shall submit to the City a Certificate of Expenditures in the form attached as Exhibit F setting forth the amount for which payment is sought and an itemized listing of the TIF Eligible Costs.

  • US, LLC completed construction of the improvements described in the Phase 1 Project Plan, filed a Certificate of Expenditures in accordance with the Phase 1 Development Agreement, and the City and US, LLC have agreed on the total TIF Eligible Costs (as defined in the Phase 1 Development Agreement).


More Definitions of TIF Eligible Costs

TIF Eligible Costs means all Phase 3 Project costs incurred after the Effective Date of this Agreement which are eligible for reimbursement under the TIF Act, including but not limited to: site preparation, utility relocations, multilevel parking facilities, water mains and extensions, plazas, sidewalks, street grading, paving, curbing, guttering, surfacing, street light fixtures, connection and facilities, landscaping and plantings, fountains, shelters, benches, sculptures, lighting, decorations and similar amenities, related expenses to redevelop and finance the redevelopment, including Loans and fees paid to financial advisors, architects, engineers, attorneys, and accountants. TIF Eligible costs shall NOT include site acquisition, costs of Rock Island Corridor Improvements, or fees paid to the Developer or CM Costs. An estimate of the TIF Eligible Costs is attached hereto as Exhibit N.
Sample 1
TIF Eligible Costs means all Project costs which are eligible for reimbursement under the TIF Act, including but not limited to: Public Access Area Costs, site preparation, utility relocations, multilevel parking facilities, water mains and extensions, plazas, sidewalks, street grading, paving, curbing, guttering, surfacing, street light fixtures, connection and facilities, landscaping and plantings, fountains, shelters, benches, sculptures, lighting, decorations and similar amenities, related expenses to redevelop and finance the redevelopment, including Loans and fees paid to financial advisors, architects, engineers, attorneys, and accountants.
Sample 1
TIF Eligible Costs means all TIF District project costs which are eligible for payment from TIF Bonds proceeds under the TIF Act and are identified in the Project Budget, including but not limited to: site preparation and drainage related facilities, utility relocations and extensions, multilevel parking facilities, water mains and extensions, plazas, sidewalks, street grading, paving, curbing, guttering, surfacing, street light fixtures, connection and facilities, landscaping and landscape lighting, plantings, fountains, shelters, benches, sculptures, lighting, decorations and similar amenities, related expenses to redevelop and finance the development, including fees paid to financial advisors, architects, engineers, attorneys, and accountants, including City Expenses related to the TIF District.
Sample 1
TIF Eligible Costs means Project Costs described in the TIF column of the Total Project Budget attached hereto as Exhibit H, subject to the eligibility requirements under the TIF Act as set forth in Section 4.4(a)(iv).
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Related to TIF Eligible Costs

  • Eligible Costs means the actual costs reasonably incurred by the Recipient:

  • Ineligible Costs means those costs set out under section E2.1 of Schedule “E” of this Agreement.

  • Eligible cost means as applied to a qualified project to be financed from the federal accounts, the costs that are permitted under applicable federal laws, requirements, procedures, and guidelines in regard to establishing, operating, and providing assistance from the bank. As applied to a qualified project to be financed from the state highway account, these costs include the costs of preliminary engineering, traffic and revenue studies, environmental studies, right‑of‑way acquisition, legal and financial services associated with the development of the qualified project, construction, construction management, facilities, and other costs necessary for the qualified project. As applied to any qualified project to be financed from the state transit account, eligible project costs are limited to capital expenditures for transit equipment and facilities.

  • Allowable Costs means the costs defined as allowable in 42 CFR, Chapter IV, Part 413, as amended to October 1, 2007, except for the purposes of calculating direct medical education costs, where only the reported costs of the interns and residents are allowed. Further, costs are allowable only to the extent that they relate to patient care; are reasonable, ordinary, and necessary; and are not in excess of what a prudent and cost-conscious buyer would pay for the given service or item.

  • Maximum allowable cost list means a list of drugs for

  • Reimbursable Costs means expenses incurred by the employee in the course of engaging in the planned learning activity and include registration, tuition and examination fees as well as textbooks/discs and applicable taxes. They may also include reasonable, incremental meal, accommodation and travel expenses.

  • Specified Expenses For any Test Period, (i) Rent incurred for the same Test Period, and (ii) the (1) income tax expense, (2) consolidated interest expense, (3) depreciation and amortization expense, (4) any nonrecurring, unusual, or extraordinary items of income, cost or expense, including but not limited to, (a) any gains or losses attributable to the early extinguishment or conversion of indebtedness, (b) gains or losses on discontinued operations and asset sales, disposals or abandonments, and (c) impairment charges or asset write-offs including, without limitation, those related to goodwill or intangible assets, long-lived assets, and investments in debt and equity securities, in each case, pursuant to GAAP, (5) any non-cash items of expense (other than to the extent such non-cash items of expense require an accrual or reserve for future cash expenses (provided that if such accrual or reserve is for contingent items, the outcome of which is subject to uncertainty, such non-cash items of expense may, at the election of the Tenant, be added to net income and deducted when and to the extent actually paid in cash)), (6) any Pre-Opening Expenses, (7) transaction costs for the spin-off of Tenant’s Parent, the entry into this Master Lease, the negotiation and consummation of the financing transactions in connection therewith and the other transactions contemplated in connection with the foregoing consummated on or before the date hereof, (8) non-cash valuation adjustments, (9) any expenses related to the repurchase of stock options, and (10) expenses related to the grant of stock options, restricted stock, or other equivalent or similar instruments; in the case of each of (1) through (10), of Tenant and the Subsidiaries of Tenant that are Guarantors on a consolidated basis for such period.

  • Allocable Costs means costs allocable to a particular cost objective if the goods or services involved are chargeable or assignable to such cost objective in accordance with relative benefits received or other equitable relationship. Costs allocable to a specific Program may not be shifted to other Programs in order to meet deficiencies caused by overruns or other fund considerations, to avoid restrictions imposed by law or by the terms of this Agreement, or for other reasons of convenience.

  • Company Reimbursable Costs means the actual costs and expenses incurred by Company and/or its Affiliates in connection with performance of the Company Work or otherwise incurred by Company and/or its Affiliates in connection with this Agreement, and including, without limitation, any such costs that may have been incurred by Company and/or its Affiliates in connection with the Company Work or this Agreement prior to the Effective Date. These Company Reimbursable Costs shall include, without limitation, the actual expenses for labor (including, without limitation, internal labor), services, materials, subcontracts, equipment or other expenses incurred in the execution of the Company Work, all applicable overhead, overtime costs, all federal, state and local taxes incurred (including, without limitation, all taxes arising from amounts paid to Company that are deemed to be contributions in aid of construction), all costs of outside experts, consultants, counsel and contractors, all other third-party fees and costs, and all costs of obtaining any required permits, rights, consents, releases, approvals, or authorizations acquired by or on behalf of Company, including, without limitation, the Required Approvals.

  • Qualified expenses means lost wages not compensated by sick pay and unreimbursed medical expenses as defined for federal income tax purposes, to the extent not deducted in computing federal taxable income, whether or not the taxpayer itemizes federal income tax deductions.

  • Deactivation Avoidable Cost Credit means the credit paid to Generation Owners pursuant to Tariff, Part V, section 114.

  • Direct Costs means the sum of the following:

  • Capitalization Reimbursement Amount As to any Distribution Date, the amount of Advances or Servicing Advances that were added to the Stated Principal Balance of the related Mortgage Loans during the prior calendar month and reimbursed to the Master Servicer or Subservicer on or prior to such Distribution Date pursuant to Section 3.10(a)(vii), plus the Capitalization Reimbursement Shortfall Amount remaining unreimbursed from any prior Distribution Date and reimbursed to the Master Servicer or Subservicer on or prior to such Distribution Date.

  • Maximum allowable cost means the maximum amount that a pharmacy benefit manager will reimburse a pharmacy for the cost of a drug.

  • Allowable cost means a cost that complies with all legal requirements that apply to a particular federal education program, including statutes, regulations, guidance, applications, and approved grant awards.

  • HICP Daily Inflation Reference Index means (A) in relation to the first day of any given month, the HICP Monthly Reference Index of the third month preceding such month, and (B) in relation to a day (D) (other than the first day) in any given month (M), the linear interpolation of the HICP Monthly Reference Index pertaining respectively to the third month preceding such month (M - 3) and the second month preceding such month (M - 2) calculated in accordance with the following formula:

  • Eligible Project Costs means such portion of the Project costs disbursed and loaned from the OPWC to the Recipient for the sole and express purpose of acquiring, constructing, reconstructing, expanding, improving, engineering and equipping the Project, other direct expenses, and related financing costs thereto.

  • Eligible Compensation means (i) for eligible exempt employees, such employee’s base salary at the time the Bonus or Spot Bonus is determined (prorated for time in an eligible position), and (ii) for eligible non-exempt and non-union hourly employees, such employees’ eligible wages for the applicable year as determined by the Company to be required by law.

  • Eligible company means a public company as referred to in sub-section (1) of section 76, having a net worth of not less than one hundred crore rupees or a turnover of not less than five hundred crore rupees and which has obtained the prior consent of the company in general meeting by means of a special resolution and also filed the said resolution with the Registrar of Companies before making any invitation to the Public for acceptance of deposits:

  • Annual Specified Amount means $400,000 escalated on each Anniversary Date by the percentage by which the CPI last published prior to such Anniversary Date has increased over the CPI last published prior to the grant of the Burswood Casino Licence.

  • Financeable Costs means the amount of expenditure for an Improvement which has been duly authorized by action of the governing body of the Issuer to be financed by general obligation bonds, less:

  • LTM Fee Revenue has the meaning set forth in Section 7.2.2(c).

  • Covered Expenses means expenses actually incurred by or on behalf of a Covered Person for treatment, services and supplies covered by the Policy. Coverage under the Participating Organization’s Policy must remain continuously in force from the date of the Covered Accident or Sickness until the date treatment, services or supplies are received for them to be a Covered Expense. A Covered Expense is deemed to be incurred on the date such treatment, service or supply, that gave rise to the expense or the charge, was rendered or obtained.

  • Start-Up Costs means all fees, costs, and expenses incurred in connection with establishing the State Mitigation Trust and the Indian Tribe Mitigation Trust and setting them up for operation. Start-up costs shall not include the cost of premiums for insurance policies.

  • Excess Costs means the additional costs, if any, which shall be

  • Eligible revenue means the property tax increment and any