Revitalization Fund definition
Examples of Revitalization Fund in a sentence
In order to be eligible for an incentive payment under the “Neighborhood Revitalization Fund Program,” the Capital Investments must be made within the Community Development Area (CDA) (but outside the downtown development tier), Targeted Portions of the CDA or Targeted portions of the Urban Growth Area.
The County shall calculate the annual rebate as per the Plan and shall transfer any tax increment rebate amounts received for the Parties to the Neighborhood Revitalization Fund (NRA Fund) a separate fund created and maintained by the City under the authority of K.S.A. 12-17,118 and amendments thereto.
The County is authorized to and shall transfer any tax increment received for the Parties to the Neighborhood Revitalization Fund (NRA Fund) a separate fund created and maintained by the City under the authority of K.S.A. 12-17,118 and amendments thereto.
Funding for this project will come from the FY 2011 Neighborhood Revitalization Fund.
Funding for this project will come from the FY 2014 Neighborhood Revitalization Fund.
Funding for this project will come from FY2016 Neighborhood Revitalization Fund line item within the OEWD Budget.
In accordance with O.R.C. Chapter 4115, construction projects involving moneys allocated from the Clean Ohio Revitalization Fund shall require the recipient of the Grant Funds to pay prevailing wage rates for workers involved in any construction activity on the Project.
Any interest or other income earned on these funds shall become part of the Community Revitalization Fund and may be utilized by the City in accordance with this Agreement.
If the Project is not completed during the time provided for in Section IX of this Agreement, then Grantee shall pay to Grantor, for repayment to the Clean Ohio Revitalization Fund, all or a portion of Grant Funds provided to Grantee as Grantor reasonably determines.
In the event the City does not receive the Industrial Revitalization Fund Program funds by _________, 2022, the Authority will request the City to appropriate funds to meet the Gap Financing Need.