Examples of Urban renewal area in a sentence
This Agreement applies only to the District Tax Levy Allocation revenues, as calculated, produced, collected and allocated to MURA within the Urban Renewal Area in accordance with C.R.S. § 31-25-107(9)(a)(II) and the rules and regulations of the Property Tax Administrator of the State of Colorado, and does not include any other revenues of Town or MURA.
The Districts hereby consent to the selection of the Fire District as the collective representative of Overlapping Districts in the Urban Renewal Area in accordance with C.R.S. § 31-25-104(2)(a)(I).
This Agreement shall automatically terminate effective September 1, 2024 in the event the Town of Xxxx Board of Trustees has not by such date adopted a resolution approving the Urban Renewal Plan for the Xxxx Urban Renewal Area.
The Districts hereby consent, pursuant to C.R.S. § 31-25-107(1)(c)(II)(D), to the inclusion within the Urban Renewal Area of all agricultural lands contained within such Area as described in the Plan.
The Parties agree and acknowledge that the Urban Renewal Law has previously required county assessors to collect TIF automatically from all taxing jurisdictions that overlap an Urban Renewal Area.