Common use of No TDD Bonds Clause in Contracts

No TDD Bonds. Developer hereby understands and agrees that all reimbursements to the Developer hereunder shall be made only from Pay-As-You-Go TDD Financing, and nothing in this Agreement shall in any way obligate the City to issue bonds or other obligations to reimburse Developer for the Eligible Expenses or any other costs of the Development.

Appears in 4 contracts

Samples: Highlands Village Development Agreement, Highlands Village Development Agreement, Highlands Village Development Agreement

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No TDD Bonds. Developer hereby understands and agrees that all reimbursements to the Developer hereunder shall be made only from Pay-As-You-Go TDD Financing, and nothing in this Agreement shall in any way obligate the City to issue bonds or other obligations to reimburse Developer for the Eligible Expenses or any other costs of the DevelopmentTDD Project.

Appears in 2 contracts

Samples: Bluhawk Development Agreement, Bluhawk Development Agreement

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No TDD Bonds. Developer hereby understands and agrees that all reimbursements to the Developer hereunder shall be made only from Pay-As-You-Go TDD Financing, and nothing in this Second Amended and Restated Agreement shall in any way obligate the City to issue bonds or other obligations to reimburse Developer for the Eligible Expenses eligible TDD Improvement Costs or any other costs of the DevelopmentProject.

Appears in 1 contract

Samples: Bluhawk Development Agreement

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