TIF Ordinance definition
Examples of TIF Ordinance in a sentence
Impact fee credits pursuant to this DA may be transferred in accordance with the TIF Ordinance.
Should there be any amounts denied for reimbursement or credit, the DEVELOPER may appeal such decision in a manner consistent with the TIF Ordinance.
The existing TIF and School Compensation Agreement provide that the improvements constructed on several properties will be exempt from taxation (and subject to PILOTs) for a period “commencing with the tax year in which the TIF Ordinance to which such Parcel relates is adopted.” This timing worked well for the original Van Aken Development parcels.
The DEVELOPER and Project shall be assessed TIF in accordance with the COUNTY'S adopted TIF Ordinance as amended and this DA.
The Company, for itself and for any other Owner, hereby covenants that for the term of the exemptions set forth in City Ordinance No. , passed , 2021 (the “TIF Ordinance”), it waives the right to any other exemption from real property taxes for the Project Site, other than the exemptions provided by this CRA Agreement and the TIF Ordinance.