Common use of Payment Amounts Clause in Contracts

Payment Amounts. The aggregate Payments to be made in a fiscal year shall not exceed an amount equal to the corresponding Appropriated Amount (for example, for the Payments due on December 1, 2026 and on June 1, 2027, the aggregate maximum amount of such Payments would be determined by the Appropriated Amount determined for certification by December 1, 2025). Furthermore, the amount of each such Payment shall not exceed the Annual Percentage of Incremental Property Tax Revenues (excluding allocations of “back-fill” or “make-up” payments from the State of Iowa for property tax credits or roll-back) actually received by the City from the Marshall County Treasurer attributable to the taxable incremental valuation of the Property in the six (6) months immediately preceding such Payment due date.

Appears in 3 contracts

Sources: Development Agreement, Development Agreement, Development Agreement

Payment Amounts. The aggregate Payments to be made in a any fiscal year shall not exceed an amount that is equal to the corresponding Appropriated Amount Amount. (for For example, for the Payments due on December 1, 2026 2022 and on June 1, 20272023, the aggregate maximum amount of such Payments would be determined by the Appropriated Amount determined for certification by December 1, 2025). 2021.) Furthermore, the amount of each such Payment shall not exceed the Annual Percentage amount of Incremental Property Tax Revenues (excluding allocations of “back-fill” or “make-up” (payments from the State of Iowa for property tax credits or roll-back) actually received by the City from the Marshall Dubuque County Treasurer attributable to the taxable incremental valuation of the Property in the six (6) months immediately preceding such the extant Payment due date.

Appears in 2 contracts

Sources: Development Agreement, Development Agreement

Payment Amounts. The aggregate Payments to be made in a any fiscal year shall not exceed an amount that is equal to the corresponding Appropriated Amount Amount. (for For example, for the Payments due on December 1, 2026 2022, and on June 1, 20272023, the aggregate maximum amount of such Payments would be determined by the Appropriated Amount determined for certification by December 1, 2025). 2021.) Furthermore, the amount of each such Payment shall not exceed the Annual Percentage amount of Incremental Property Tax Revenues (excluding allocations of “back-fill” or “make-up” (payments from the State of Iowa for property tax credits or roll-back) actually received by the City from the Marshall Dubuque County Treasurer attributable to the taxable incremental valuation of the Property in the six (6) months immediately preceding such the extant Payment due date.

Appears in 2 contracts

Sources: Development Agreement, Development Agreement

Payment Amounts. The aggregate Payments to be made in a fiscal year shall not exceed an amount equal to the corresponding Appropriated Amount (for example, for the Payments due on December 1, 2026 2024 and on June 1, 20272025, the aggregate maximum amount of such Payments would be determined by the Appropriated Amount determined for certification by December 1, 20252023). Furthermore, the amount of each such Payment shall not exceed the Annual Percentage of Incremental Property Tax Revenues (excluding allocations of “back-fill” or “make-up” payments from the State of Iowa for property tax credits or roll-back) actually received by the City from the Marshall ▇▇▇▇▇▇▇▇ County Treasurer attributable to the taxable incremental valuation of the Property in the six (6) months immediately preceding such Payment due date.

Appears in 1 contract

Sources: Development Agreement

Payment Amounts. The aggregate Payments to be made in a fiscal year shall not exceed an amount equal to the corresponding Appropriated Amount (for example, for the Payments due on December 1, 2026 2023 and on June 1, 20272024, the aggregate maximum amount of such Payments would be determined by the Appropriated Amount determined for certification by December 1, 20252022). Furthermore, the amount of each such Payment shall not exceed the Annual Percentage of Incremental Property Tax Revenues (excluding allocations of “back-fill” or “make-up” payments from the State of Iowa for property tax credits or roll-back) actually received by the City from the Marshall County Treasurer attributable to the taxable incremental valuation of the Property in the six (6) months immediately preceding such Payment due date.

Appears in 1 contract

Sources: Development Agreement

Payment Amounts. The aggregate Payments to be made in a fiscal year shall not exceed an amount equal to the corresponding Appropriated Amount (for example, for the Payments due on December 1, 2026 2019 and on June 1, 20272020, the aggregate maximum amount of such Payments would be determined by the Appropriated Amount determined for certification by December 1, 20252018). Furthermore, the amount of each such Payment shall not exceed the Annual Percentage amount of Incremental Property Tax Revenues (excluding allocations of “back-fill” or “make-up” payments from the State of Iowa for property tax credits or roll-back) actually received by the City from the Marshall Linn County Treasurer attributable to the taxable incremental valuation of the Property in the six (6) months immediately preceding such the extant Payment due date.

Appears in 1 contract

Sources: Development Agreement

Payment Amounts. The aggregate Payments to be made in a fiscal year shall not exceed an amount equal to the corresponding Appropriated Amount (for example, for the Payments due on December 1, 2026 and on June 1, 2027, the aggregate maximum amount of such Payments would be determined by the Appropriated Amount determined for certification by December 1, 2025). Furthermore, the amount of each such Payment shall not exceed the Annual Percentage of Incremental Property Tax Revenues (excluding allocations of “back-fill” or “make-up” payments from the State of Iowa for property tax credits or roll-back) actually received by the City from the Marshall ▇▇▇▇▇▇▇▇ County Treasurer attributable to the taxable incremental valuation of the Property in the six (6) months immediately preceding such Payment due date.

Appears in 1 contract

Sources: Development Agreement

Payment Amounts. The aggregate Payments to be made in a fiscal year shall not exceed an amount equal to the corresponding Appropriated Amount (for example, for the Payments due on December 1, 2026 2025 and on June 1, 20272026, the aggregate maximum amount of such Payments would be determined by the Appropriated Amount determined for certification by December 1, 20252024). Furthermore, the amount of each such Payment shall not exceed the Annual Percentage of Incremental Property Tax Revenues (excluding allocations of “back-fill” or “make-up” payments from the State of Iowa for property tax credits or roll-back) actually received by the City from the Marshall ▇▇▇▇▇▇▇▇ County Treasurer attributable to the taxable incremental valuation of the Property in the six (6) months immediately preceding such Payment due date.

Appears in 1 contract

Sources: Development Agreement