Reinvestment Zone definition

Reinvestment Zone means the District’s Reinvestment Zone created pursuant to Section 312.0025 of the TEXAS TAX CODE by action of the Board of Trustees or by the County and as further described by the description and/or depiction of said Reinvestment Zone attached hereto as EXHIBIT 2, which is incorporated herein by reference for all purposes.
Reinvestment Zone means the District’s Reinvestment Zone created pursuant to Code §312.0025 by action of the Board of Trustees or by the County and as further described by the description and/or depiction of said Reinvestment Zone attached hereto as Schedule 2.1, which is incorporated herein by reference for all purposes. “School Finance Law“ means Chapters 41 and 42 of the TEC, the Texas Economic Development Act (Chapter 313, Code), Chapter 403, Subchapter M, Texas Government Code applicable to the District, and the Constitution and general laws of the State applicable to the independent school districts of the State, including specifically, the applicable rules and regulations of the agencies of the State having jurisdiction over any matters relating the public school systems and school districts of the State, and judicial decisions construing or interpreting any of the above. The term also includes any amendments or successor statutes that may be adopted in the future that could impact or alter the calculation of Applicant’s ad valorem tax obligation to the District either with or without the limitation of property values made pursuant to this Agreement.
Reinvestment Zone means any area of the City which has been designated a reinvestment zone for tax abatement purposes and which is located within the taxing jurisdiction of the City. It is the intent of the City to designate reinvestment zones on a case-by-case basis to maximize the potential incentives for eligible enterprises to locate or expand within the City.

Examples of Reinvestment Zone in a sentence

  • Owner is proposing to construct Improvements on the Site consisting of a fifty- five megawatt (55 MW) discharge capability, electric battery energy storage system capable of receiving, storing, and discharging electric energy with a Nameplate Capacity of two hundred twenty megawatt-hours (220.0 MWh) located in the Reinvestment Zone.

  • The Land on which all qualified property and investment will be located is within the Reinvestment Zone described in and demarked by the map in Exhibit 1.

  • Owner agrees that its electric battery energy storage system on the Site in the Reinvestment Zone will have a minimum Nameplate Capacity of one hundred ten megawatt-hours (110.0 MWh).


More Definitions of Reinvestment Zone

Reinvestment Zone means a geographic area of the County designated as such for the purpose of tax Abatement as authorized by Chapter 312 of the Texas Tax Code.
Reinvestment Zone means Real Property designation as a Reinvestment Zone under the provisions of the Texas Tax Code, including any related, successor or amended tax statutes or rules.
Reinvestment Zone means the reinvestment zone, as that term is defined in Chapter 312 of the Texas Tax Code, created by Duval County and known as the “Duval County Dove Run, Sun Cactus, Dove Wing and Jumping Cactus Solar Reinvestment Zone #1,” by that Order Adopting and Designating a Reinvestment Zone in the Jurisdiction of Duval County, Texas, adopted and approved by the Duval County Commissioners’ Court on May 29, 2024, a copy of which Order is attached to this Agreement (“Attachment A”).
Reinvestment Zone means the District’s Reinvestment Zone created pursuant to Code §312.0025 by action of the Board of Trustees or by the County and as further described by the description and/or depiction of said Reinvestment Zone attached hereto as Schedule 2.1, which is incorporated herein by reference for all purposes.
Reinvestment Zone or “Zone” means Tax Abatement Reinvestment Zone No. 008-2019 established by City of Xxxxxxxx Ordinance
Reinvestment Zone means Reinvestment Zone Number Five, City of Corpus Christi, Texas, created by the Creation Ordinance, incorporated by reference into this Agreement.
Reinvestment Zone means a geographic area of the County which meets the criteria of §312.202 of the Property Tax Code.