TIF Projections for Each Phase Sample Clauses

TIF Projections for Each Phase. The following chart presents the projected data for each phase of the Project: Phase # of Homes Effective Date Phase Completion Date Minimum Phase Valuation Phase Approx. TIF Amount 1 Affordable: 20 Jan. 1, 2018 Dec. 31, 2019 $3,213,000 $500,000 2 Market: 8 Jan. 1, 2020 Dec. 31, 2020 $1,349,300 $237,000 3 Market: 4 Jan. 1, 2021 Dec. 31, 2021 $674,600 $118,000 Total Project Market: 12 Affordable: 20 -- -- $5,236,900 $855,000 EXHIBIT “B-1” TIF PROMISSORY NOTE THIS NOTE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933 (“THE 1933 ACT”) AND MAY NOT BE TRANSFERRED, ASSIGNED, SOLD OR HYPOTHECATED UNLESS A REGISTRATION STATEMENT UNDER THE 1933 ACT SHALL BE IN EFFECT WITH RESPECT THERETO AND THERE SHALL HAVE BEEN COMPLIANCE WITH THE 1933 ACT AND ALL APPLICABLE RULES AND REGULATIONS THEREUNDER, OR THERE SHALL HAVE BEEN DELIVERED TO THE COMMUNITY DEVELOPMENT AGENCY OF LEXINGTON, NEBRASKA PRIOR TO TRANSFER, ASSIGNMENT, SALE OR HYPOTHECATION AN OPINION OF COUNSEL, SATISFACTORY TO THE COMMUNITY DEVELOPMENT AGENCY OF LEXINGTON, NEBRASKA TO THE EFFECT THAT REGISTRATION UNDER THE 1933 ACT IS NOT REQUIRED. No. 1 $ UNITED STATES OF AMERICA STATE OF NEBRASKA THE COMMUNITY DEVELOPMENT AGENCY OF LEXINGTON, NEBRASKA COMMUNITY REDEVELOPMENT REVENUE NOTE (THE ROW REDEVELOPMENT PROJECT – PHASE ) SERIES 20 Registered Holder Principal Amount The Row R&S, LLC $ Maturity Date Interest Rate Original Issuance Date 4.5% per annum THE COMMUNITY DEVELOPMENT AGENCY OF LEXINGTON, NEBRASKA (the “Issuer”), a body politic and corporate organized and existing under the laws of the State of Nebraska, for value received hereby promises to pay, solely from the source and as hereinafter provided, to the Registered Holder identified above, or registered assigns, the Principal Amount identified above at the office of the Lexington City Treasurer, as Paying Agent and Registrar, from the Original Issuance Date identified above. Accrued interest shall be payable in installments due June 15, 20 and December 15, 20 _; provided, however, that to the extent the Tax Increment is insufficient to pay accrued interest due on said interest payment dates, accrued interest shall be capitalized and added to principal. Thereafter, principal and accrued interest shall be payable in equal semi-annual installments due June 15, 20 , December 15, 20 and each June 15 and December 15 thereafter through December 31, 20 , when all principal and accrued interest shall be due and payable. The 20 tax liability shall be di...
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TIF Projections for Each Phase. The following chart presents the projected data for each phase of the Project: Phase # of Homes Effective Date Phase Completion Date Minimum Phase Valuation Phase Approx. TIF Amount 1 Affordable: 20 Jan. 1, 2018 Dec. 31, 2019 $3,213,000 $500,000 2 Market: 8 Jan. 1, 2020 Dec. 31, 2020 $1,349,300 $237,000 3 Market: 4 Jan. 1, 2023 Dec. 31, 2023 $674,600 $118,000 Total Project Market: 12 Affordable: 20 -- -- $5,236,900 $855,000
Sample 1

Related to TIF Projections for Each Phase

  • Project Monitoring Reporting and Evaluation The Recipient shall furnish to the Association each Project Report not later than forty-five (45) days after the end of each calendar semester, covering the calendar semester.

  • Project Monitoring Reporting Evaluation A. The Project Implementing Entity shall monitor and evaluate the progress of its activities under the Project and prepare Project Reports in accordance with the provisions of Section 5.08(b) of the General Conditions and on the basis of indicators agreed with the Bank. Each such report shall cover the period of one

  • Performance Reports None Specified

  • Design Development Phase Services 3.3.1 Based on the Owner’s approval of the Schematic Design Documents, and on the Owner’s authorization of any adjustments in the Project requirements and the budget for the Cost of the Work, the Architect shall prepare Design Development Documents for the Owner’s approval. The Design Development Documents shall illustrate and describe the development of the approved Schematic Design Documents and shall consist of drawings and other documents including plans, sections, elevations, typical construction details, and diagrammatic layouts of building systems to fix and describe the size and character of the Project as to architectural, structural, mechanical and electrical systems, and other appropriate elements. The Design Development Documents shall also include outline specifications that identify major materials and systems and establish, in general, their quality levels.

  • Annual Work Plans and Budgets The Recipient shall furnish to the Association as soon as available, but in any case not later than September 1 of each year, the annual work plan and budget for the Project for each subsequent year of Project implementation, of such scope and detail as the Association shall have reasonably requested, except for the annual work plan and budget for the Project for the first year of Project implementation, which shall be furnished no later than one (1) month after the Effective Date.

  • Log Reviews All systems processing and/or storing PHI COUNTY discloses to 11 CONTRACTOR or CONTRACTOR creates, receives, maintains, or transmits on behalf of COUNTY 12 must have a routine procedure in place to review system logs for unauthorized access.

  • Evaluation Cycle: Formative Assessment A) A specific purpose for evaluation is to promote student learning, growth and achievement by providing Educators with feedback for improvement. Evaluators are expected to make frequent unannounced visits to classrooms. Evaluators are expected to give targeted constructive feedback to Educators based on their observations of practice, examination of artifacts, and analysis of multiple measures of student learning, growth and achievement in relation to the Standards and Indicators of Effective Teaching Practice.

  • Annual Evaluations The purpose of the annual evaluation is to assess and communicate the nature and extent of an employee's performance of assigned duties consistent with the criteria specified below in this Policy. Except for those employees who have received notice of non-reappointment pursuant to the BOT- UFF Policy on Non- reappointment, every employee shall be evaluated at least once annually. Personnel decisions shall take such annual evaluations into account, provided that such decisions need not be based solely on written faculty performance evaluations.

  • Production Phase contract period in which the Development and the Production are to be performed.

  • ANNUAL MASTER CONTRACT SALES REPORT Contractor shall provide to Enterprise Services a detailed annual Master Contract sales report. Such report shall include, at a minimum: Product description, part number or other Product identifier, per unit quantities sold, and Master Contract price. This report must be provided in an electronic format that can be read by MS Excel.

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