Approving Ordinance definition

Approving Ordinance means Ordinance No. [Board Bill No. ] designating the Redevelopment Area, approving the Redevelopment Plan, approving the Redevelopment Project, adopting tax increment allocation financing within the Redevelopment Area, and establishing the Special Allocation Fund.

Approving Ordinance means Ordinance No. [Board Bill No. ] signed by the Mayor on , designating the Redevelopment Area, approving the Redevelopment Plan, approving the Redevelopment Project, making certain findings with respect thereto, adopting tax increment financing within the Redevelopment Area, establishing the Special Allocation Fund, and authorizing certain related actions by City officials.

Approving Ordinance means Ordinance numbered 953 of the City dated October 17, 1994, pertaining to the approval of the Redevelopment Plan and creation of the Redevelopment Project Area for Chesterfield Valley Tax Increment Financing District.

Examples of Approving Ordinance in a sentence

• The "Effective Date" in this Agreement shall be the date that the Approving Ordinance became effective.

• The TIF Notes shall mature (subject to redemption and payment prior to maturity as provided in Article III hereof), on the date that is twenty-three (23) years after the date of adoption of the Approving Ordinance.

• The City adopted the Approving Ordinance on , 20 , the Approving Ordinance became effective thirty (30) days later, and the Parties signed the Agreement.

• The Special Allocation Fund and the funds and accounts established therein shall be maintained in the treasury of the City and administered by the City solely for the purposes and in the manner as provided in the Act, this Ordinance, the Approving Ordinance, and the Authorizing Ordinance so long as any TIF Notes remain outstanding hereunder.

• Consideration and/or Action Approving Ordinance Amending the 2018 - 2019 Fiscal Year Budget.

More Definitions of Approving Ordinance

Approving Ordinance means Ordinance No. [Board Bill No. ] signed by

Approving Ordinance means Ordinance No. [Board Bill No. ] adopted

Approving Ordinance has the meaning set forth in Recital C(4).

Approving Ordinance means Ordinance No. 67301 [Board Bill No. 152] signed by the

Approving Ordinance means Ordinance No. [Board Bill No. ] adopted on , designating the

Approving Ordinance means the ordinance(s) of the City to be adopted by the Corporate Authorities, from time to time, authorizing tax increment financing for the Redevelopment Project Area, and all related ordinances, resolutions and proceedings.

Approving Ordinance means Ordinance No. 2792 of the City adopted by its Board of Aldermen on July 2, 2012, (a) making certain findings as required by the TIF Act, (b) designating the Redevelopment Area as a “redevelopment area” as defined in the TIF Act, (c) approving the Redevelopment Plan and the Redevelopment Project for RPA-1, (d) authorizing the establishment of a special allocation fund relating to RPA-1, and (e) adopting tax increment financing for RPA-1.