CDA Act definition
Examples of CDA Act in a sentence
The Developer acknowledges and agrees that the EDA and the City intend to create a CDA to support the undertaking of the Stadium Project and the Public Infrastructure for benefit of the properties within the boundaries of the CDA District and intend to use the powers of the CDA Act.
The Developer shall (a) coordinate with the Authority and the City to prepare descriptions of (i) the facilities and services proposed to be undertaken by the CDA, (ii) the proposed plan for providing such services and facilities and (iii) the expected benefits from the provision of such services and facilities and (b) provide such descriptions to the Authority in a timely manner to assist the Authority with the development and submission of a Petition that complies with the provisions of the CDA Act.
The Authority shall file with the City Council a petition (the “Petition”) for the creation of the CDA pursuant to the CDA Act to facilitate the development and financing of the CDA Facilities.