Reinvestment Zone definition

Reinvestment Zone means the District’s Reinvestment Zone created pursuant to Code §312.0025 by action of the Board of Trustees or by the County and as further described by the description and/or depiction of said Reinvestment Zone attached hereto as Schedule 2.1, which is incorporated herein by reference for all purposes. “School Finance Law“ means Chapters 41 and 42 of the TEC, the Texas Economic Development Act (Chapter 313, Code), Chapter 403, Subchapter M, Texas Government Code applicable to the District, and the Constitution and general laws of the State applicable to the independent school districts of the State, including specifically, the applicable rules and regulations of the agencies of the State having jurisdiction over any matters relating the public school systems and school districts of the State, and judicial decisions construing or interpreting any of the above. The term also includes any amendments or successor statutes that may be adopted in the future that could impact or alter the calculation of Applicant’s ad valorem tax obligation to the District either with or without the limitation of property values made pursuant to this Agreement.

Reinvestment Zone means any area of the City which has been designated a reinvestment zone for tax abatement purposes and which is located within the taxing jurisdiction of the City. It is the intent of the City to designate reinvestment zones on a case-by-case basis to maximize the potential incentives for eligible enterprises to locate or expand within the City.

Reinvestment Zone means a geographic area of the County designated as such for the purpose of tax Abatement as authorized by Chapter 312 of the Texas Tax Code.

Examples of Reinvestment Zone in a sentence

• The concerted revitalization plan may be a Tax Increment Reinvestment Zone (TIRZ) or Tax Increment Finance (TIF) or similar plan.

• The Reinvestment Zone Number One Board of Directors reserves the right to discuss any items in executive (closed) session whenever permitted by the Texas Open Meetings Act.

• Discuss and consider appointments to the Animal Services Board, Board of Adjustment, Oil and Gas Board of Appeals, Community Development Corporation, Environmental Conservation Commission, Parks, Arts and Library Services Board, Public Arts Committee, Planning & Zoning Commission, SMARTGrowth Commission, Tax Increment Reinvestment Zone Number One (TIRZ #1), and Transportation Commission.

• THE EXACT AMOUNT OF EACH ANNUAL INSTALLMENT WILL BE REFLECTED IN THE MERCER CROSSING PUBLIC IMPROVEMENT DISTRICT ANNUAL SERVICE AND ASSESSMENT PLAN UPDATES.Mercer Crossing Public Improvement District (PID) & Tax Increment Reinvestment Zone Number 3 (TIRZ) Example of TIRZ Credit ApplicationThe property in the PID is also located in the City of Farmers Branch Tax Increment Reinvestment Zone No. 3.

• A Tax Increment Financing Reinvestment Zone may not be created if more than 10 percent of the property in the adopted zone, excluding property dedicated for public use, is used for residential purposes.

More Definitions of Reinvestment Zone

Reinvestment Zone means that certain Reinvestment Zone, as that term is defined by Chapter 312 of the Texas Tax Code, created by Gray County by that certain resolution dated [ , 2023] duly passed by the Gray County Commissioners Court, a copy of which is attached hereto as Exhibit X.

Reinvestment Zone means Real Property designation as a Reinvestment Zone under the provisions of the Texas Tax Code, including any related, successor or amended tax statutes or rules.

Reinvestment Zone means the District’s Reinvestment Zone created pursuant to Section 312.0025 of the TEXAS TAX CODE by action of the Board of Trustees or by the County and as further described by the description and/or depiction of said Reinvestment Zone attached hereto as EXHIBIT 2, which is incorporated herein by reference for all purposes.

Reinvestment Zone means the District’s Reinvestment Zone created pursuant to Code §312.0025 by action of the Board of Trustees or by the County and as further described by the description and/or depiction of said Reinvestment Zone attached hereto as Schedule 2.1, which is incorporated herein by reference for all purposes.

Reinvestment Zone or “Zone” means Tax Abatement Reinvestment Zone No. 008-2019 established by City of Xxxxxxxx Ordinance

Reinvestment Zone means a geographic area of the County which meets the criteria of §312.202 of the Property Tax Code.

Reinvestment Zone means Reinvestment Zone Number Five, City of Corpus Christi, Texas, created by the Creation Ordinance, incorporated by reference into this Agreement.