Tax Allocation Debt. Developer may submit written requests that the Agency issue Tax Allocation Debt for purposes of this Financing Plan, specifying requested issuance dates, amounts, and main financing terms. Following ▇▇▇▇▇▇▇▇▇’s request, Developer and the Agency will meet with the Agency’s public financing consultants to determine reasonable and appropriate issuance dates, amounts, and principal financing terms. The Agency will have the right to reject any term that is inconsistent with the Funding Goals and agrees to issue Tax Allocation Debt to the extent that the terms of financing are consistent with the Funding Goals.
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Sources: Disposition and Development Agreement (Five Point Holdings, LLC), Financing Plan, Financing Plan
Tax Allocation Debt. Developer may submit written requests that the Agency issue Tax Allocation Debt for purposes of this Financing Plan, specifying requested issuance dates, amounts, and main financing terms. Following ▇▇▇▇▇▇▇▇▇Developer’s request, Developer and the Agency will meet with the Agency’s public financing consultants to determine reasonable and appropriate issuance dates, amounts, and principal financing terms. The Agency will have the right to reject any term that is inconsistent with the Funding Goals and agrees to issue Tax Allocation Debt to the extent that the terms of financing are consistent with the Funding Goals.
Appears in 1 contract
Sources: Financing Plan
Tax Allocation Debt. Developer may submit written requests that the Agency Authority issue Tax Allocation Debt for purposes of this Financing Plan, specifying requested issuance dates, amounts, and main financing terms. Following ▇▇▇▇▇▇▇▇▇Developer’s request, Developer and the Agency Authority will meet with the AgencyAuthority’s public financing consultants to determine reasonable and appropriate issuance dates, amounts, and principal financing terms. The Agency will have the right to reject any term that is inconsistent with the Funding Goals terms and agrees to issue Tax Allocation Debt to the extent that the terms of financing are consistent with the Funding Goals.
Appears in 1 contract