City Financing definition

City Financing means the financing obtained and used by the City to fund construction of the Venue, as determined by the City in its sole discretion.

City Financing means the financing source and structure to be used by the City to fund construction of the Stadium.

City Financing means funds loaned by the City to Developer for development of the Project pursuant to the HTF reservation described in Recital E and as memorialized in an executed Development Loan Agreement and ancillary documents between the City and Developer.

Examples of City Financing in a sentence

• Action Item: Expenditure and Commitment of Proceeds of the City Financing that Require CRC Approval Sara DeBord, TJPA Chief Financial Officer, presented the item.

• Subsequent requests for appropriations shall be made in each Fiscal Year thereafter so that the City Financing Amount to be paid during the succeeding Fiscal Year will be available for such purposes.

• Action Item: Expenditure and Commitment of Proceeds of the City Financing that Require CRC Approval Sara DeBord, TJPA CFO, presented the item.

• The obligations of the Developer set forth in the immediately preceding sentence are expressly contingent upon the City obtaining approval of the City Financing Documents (and the transactions contemplated therein) by the LGC no later than September 10, 2019.

• Action Item: Expenditure and Commitment of Proceeds of the City Financing that Require CRC Approval Mary Pryor, TJPA Finance Advisor, presented the item.

More Definitions of City Financing

City Financing means the issuance of up to $260,000,000 of indebtedness by the City pursuant to the City Financing Documents, the proceeds of which financing shall be

City Financing. The City agrees to use, in the amounts set forth in Section 4.03 hereof, Incremental Taxes (as defined below), to pay for or reimburse Developer for the costs of TIF-Funded Improvements pursuant to the terms.and conditions of this Agreement. In addition, the City may, in its discretion, issue tax increment allocation bonds ("TIF Bonds") secured by Incremental Taxes pursuant to a TIF bond ordinance (the "TIF Bond Ordinance"), at a later date as described in Section 4.03(d) hereof, the proceeds of which (the "TIF Bond Proceeds") may be used to pay for the costs of the TIF-Funded Improvements not previously paid for from Incremental Taxes or in order to reimburse the City for the costs of TIF­ Funded Improvements.

City Financing has the meaning assigned to such term in Section 3.03. “City Funds” has the meaning assigned to such term in Section 3.03.

City Financing means (A) the "City Financing" as defined in the Funding Agreement,

City Financing is defined in Section 2.1.

City Financing means the bonds, notes or other obligations issued by the City to pay for the purchase of improvements and/or the Developer incentive payments and related costs of financing including funding of reserve funds, capitalized interest and issuance expenses.

City Financing. Contribution means the net proceeds of the City’s issuance of Certificates of Obligation, the principal amount of which shall be determined by the City based upon the Total Convention Center costs; provided that the City shall not be obligated to contribute more than $25,000,000 (total, including design and construction costs) to the City Facilities. The City may contribute additional funds or resources to the City Facilities, pursuant to the Master Agreement, but the City shall not contribute more than $25,000,000 in net proceeds of its debt financing for the total costs of the City Facilities.