TIF Pledge Resolution definition
Examples of TIF Pledge Resolution in a sentence
Land, buildings, equipment, furniture, and improvements are stated at cost.
The Issuer represents and warrants that the TIF Pledge Resolution of the Commission was validly adopted and constitutes a valid and binding obligation of the Issuer, enforceable against the Issuer in accordance with its terms, to pledge the TIF Revenues and the Taxpayer Payments to repayment of the Bonds.
The Issuer represents and warrants that the TIF Pledge Resolution of the Redevelopment Commission was validly adopted and constitutes a valid and binding obligation of the Issuer, enforceable against the Issuer in accordance with its terms, to pledge the TIF Revenues and the Taxpayer Payments to repayment of the Bonds.
The Issuer covenants that it will faithfully perform at all times any and all covenants, undertakings, stipulations and provisions contained in this Indenture, the Financing and Loan Agreement, the bond ordinance and the TIF Pledge Resolution and in any and every Bond executed, authenticated and delivered hereunder and in all proceedings of its members pertaining thereto.
The Redevelopment Commission has pledged the TIF Revenues and Taxpayer Payments to the payment of principal and interest on the Series 2024 Bonds pursuant to the TIF Pledge Resolution.