PROPERTY TAX INCREMENT REVENUE AGREEMENT (SW Downtown Metropolitan District Nos. 1-2) (Museum & Park Urban Renewal Plan)Tax Increment Revenue Agreement • January 25th, 2020 • Colorado
Contract Type FiledJanuary 25th, 2020 JurisdictionThis Property Tax Increment Revenue Agreement (the “Agreement”) is entered into as of January __, 2020 (the “Effective Date”) by and among the COLORADO SPRINGS URBAN RENEWAL AUTHORITY, a body corporate and politic of the State of Colorado (the “Authority”), whose address is 30 South Nevada Avenue, Colorado Springs, Colorado 80903, the SW DOWNTOWN METROPOLITAN DISTRICT NO. 1, a quasi-municipal corporation and political subdivision of the State of Colorado (“District No. 1”), whose address is 111 South Tejon Street, Suite 222, Colorado Springs, Colorado 80903, and the SW DOWNTOWN METROPOLITAN DISTRICT NO. 2, a quasi-municipal corporation and political subdivision of the State of Colorado (“District No. 2,” and, together with District No. 1, the “Districts”), whose address is 111 South Tejon Street, Suite 222, Colorado Springs, Colorado 80903. The Authority and the Districts are referred to herein individually as a “Party” and collectively as the “Parties.”