Xxxxxxxxxx Redevelopment Financing Act definition

Xxxxxxxxxx Redevelopment Financing Act or “Act 381” means Act No. 381 of the Public Acts of 1996, as amended, MCLA 125.2651 et seq.
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Examples of Xxxxxxxxxx Redevelopment Financing Act in a sentence

  • Tax Increment Financing revenues will be used to reimburse costs of eligible activities as permitted by the Xxxxxxxxxx Redevelopment Financing Act.

  • This Agreement is governed by and subject to the restrictions set forth in the Xxxxxxxxxx Redevelopment Financing Act and the Michigan General Property Tax Act.

  • The Plan may be modified to the extent allowed under the Xxxxxxxxxx Redevelopment Financing Act by mutual agreement in writing of the Parties affected by the modification.

  • Amendments to the Plan shall be subject to the limitations and procedures governing amendments to Plans set forth in the Xxxxxxxxxx Redevelopment Financing Act.

  • The primary purpose of the ELBRA, pursuant to the Xxxxxxxxxx Redevelopment Financing Act, is to encourage the redevelopment of contaminated, functionally obsolete, and blighted property within the City of East Lansing by providing financial and tax incentives, without which the redevelopment would not be economically feasible.

  • To the extent provisions of the Plan, and any amendment to the Plan, or this Agreement conflicts with the Xxxxxxxxxx Redevelopment Financing Act, Act 381 controls.

  • Owner owns two parcels of land situated in the City of Madison Heights, Oakland County, Michigan (the “City”), as more particularly described on the attached Exhibit A and, together with personal property located thereon, is hereinafter referred to as the “Subject Property," that qualifies as an Eligible Property under Section 2 of the Xxxxxxxxxx Redevelopment Financing Act, 1996 PA 381, as amended (“Act 381”).

  • Subject to the limitations in this section, the Township transfers to the City all authority for property tax related economic development incentives, tax abatements, tax increment financing, and similar tools on the Conditionally Transferred Property including, but not limited to, the Xxxxxxxxxx Redevelopment Financing Act, Public Act 381 of 1996, MCL 125.2651 et seq., and the Plant Rehabilitation and Industrial Developments Districts Act, Public Act 198 of 1974, MCL 207.551 et seq.

  • Pursuant to the Xxxxxxxxxx Redevelopment Financing Act, Act 381 of the Public Acts of Michigan of 1996 as amended (“Act 381”) the Authority adopted the xxxxxxxxxx plan amendment on October 12, 2021 (the “Xxxxxxxxxx Plan Amendment”) to add the APQ Property.

Related to Xxxxxxxxxx Redevelopment Financing Act

  • Xxxxxxx Act means the Xxxxxxx Antitrust Act of 1890.

  • Real estate-related financial transaction means any transaction involving:

  • Tax increment financing acts means 1975 PA 197, MCL 125.1651 to 125.1681, the tax increment finance authority act, 1980 PA 450, MCL 125.1801 to 125.1830, the local development financing act, 1986 PA 281, MCL 125.2151 to 125.2174, the brownfield redevelopment financing act, 1996 PA 381, MCL 125.2651 to 125.2672, or the corridor improvement authority act, 2005 PA 280, MCL 125.2871 to 125.2899.

  • Xxxxxxxx-Xxxxx Act means the Xxxxxxxx-Xxxxx Act of 2002.

  • Redevelopment Law means Article VIII, Section 12 of the Constitution of the State and Chapter 18, Article 21, Reissue Revised Statutes of Nebraska, as amended.

  • Sxxxxxxx-Xxxxx Act means the Sxxxxxxx-Xxxxx Act of 2002, as amended.

  • Xxxxx–Xxxxx Act For any federally assisted construction contract, in excess of two thousand dollars ($2,000), the contractor, subcontractor, subrecipient shall comply with all of the requirements of the Xxxxx-Xxxxx Act (40 U.S.C. 3141 – 3148) as supplemented by Department of Labor Regulations (29 CFR Part 5, “Labor Standards Provisions Applicable to Contracts Covering Federally Financed and assisted Construction”); and the Xxxxxxxx “Anti-Kickback” Act (40 U.S.C. 3145), as supplemented by Department of Labor regulations (29 CFR Part 3, “Contractors and Subcontractors on Public Building or Public Work Financed in Whole or in Part by Loans or Grants from the United States”).

  • Xxxx-Xxxxx Act means the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act.

  • Redevelopment Agreement means an agreement between the

  • Serialization within the enterprise identifier means each item produced is assigned a serial number that is unique among all the tangible items produced by the enterprise and is never used again. The enterprise is responsible for ensuring unique serialization within the enterprise identifier.

  • community centre means any school, railway station, police station and other location providing a service to the community;

  • Public Finance Management Act ’ means the Public Finance Management Act, 1999 (Act No. 1 of 1999);

  • Solid Waste Disposal Facility means any facility involved in the disposal of solid waste, as defined in NCGS 130A-290(a)(35).

  • Federally Qualified Health Center means a non-administrative medical facility with a fixed permanent location that is identified on the following search engines and offers health services on a sliding scale payment system: http://findahealthcenter.hrsa.gov or http://www.ihs.gov/ or http://www.aachc.org/.

  • waste disposal facility means an individual or entity that has been issued a medical marijuana waste disposal facility license by the Department to dispose of medical marijuana waste as authorized in Oklahoma law and these Rules.

  • securities lending transactions means transactions whereby a Sub-Fund lends its Securities to a security-borrowing counterparty for an agreed fee.

  • Redevelopment means areas where development is replacing older development.

  • Xxxx-Xxxxx-Xxxxxx Act means the Xxxx-Xxxxx-Xxxxxx Antitrust Improvements Act of 1976, as amended.

  • Community rate means a rate of payment based on a per member per month capitation rate or its equivalent that applies to a combination of the subscriber groups for a comprehensive medical plan carrier. References in this subchapter to ‘‘a combination of cost and price analysis’’ relating to the ap- plicability of policy and contract clauses refer to comprehensive medical plan carriers using community rates.

  • Public procurement unit means either a local public procurement unit or a state public procurement unit.

  • Spatial Planning and Land Use Management Act means the Spatial Planning and Land Use Management Act, 2013 (Act 16 of 2013);

  • Redevelopment Area means the community redevelopment area described, defined or otherwise identified or referred to in the Redevelopment Plan.

  • Credit Available for Virtual Transactions means the Market Participant’s Working Credit Limit for Virtual Transactions calculated on its credit provided in compliance with its Peak Market Activity requirement plus available credit submitted above that amount, less any unpaid billed and unbilled amounts owed to PJMSettlement, plus any unpaid unbilled amounts owed by PJMSettlement to the Market Participant, less any applicable credit required for Minimum Participation Requirements, FTRs, RPM activity, or other credit requirement determinants as defined in Tariff, Attachment Q.

  • National Ambient Air Quality Standards or “NAAQS” means national ambient air quality standards that are promulgated pursuant to Section 109 of the Act, 42 U.S.C. § 7409.

  • Waste Disposal Site means a Waste Disposal Site which is not a Hauled Sewage Disposal Site, a Sewage Works or a Waste Stabilization Pond; and

  • National Housing Act means the National Housing Act (Canada), a federal law that promotes the construction of new houses and the repair and modernization of existing houses. CMHC provides mortgage default insurance under this law.