RHID definition

RHID means a rural housing incentive district created pursuant to the RHID Act, as described in Recital C.
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Examples of RHID in a sentence

  • The City will establish and maintain a separate fund and account known as the Riverbend Heights RHID Increment Fund (the “RHID Increment Fund”).

  • The City will have sole control of the disbursements from the RHID Increment Fund.

  • To the extent that the Developer has certified Eligible Project Costs that remain unreimbursed, and RHID Incremental Tax Revenues are available in the RHID Increment Fund, such disbursements will be made on a Pay As You Go basis no more than twice annually, such payments made by the City on or about each February 10 and August 10 during the RHID Term; provided, no disbursements will be made to Developer from the RHID Increment Fund until Developer has complied with the provisions of Section 4.03.

  • All disbursements from the RHID Increment Fund will first be made to pay the City Administrative Fee, then to reimburse payment of Eligible Project Costs up to the RHID Costs Cap.

  • Developer may be reimbursed by the City for Eligible Project Costs from RHID Incremental Tax Revenues as funds are collected (the “Pay As You Go” method), and the City will have no obligation to reimburse Developer from any other source of funds.

  • All RHID Incremental Tax Revenues will be deposited into the RHID Increment Fund.

  • Notwithstanding the foregoing, no tenant of any part of the Project will be bound by any obligation of the Developer solely by virtue of being a tenant; provided, however, that no transferee or owner of property within the Project except the Developer will be entitled to any rights whatsoever or claim upon the RHID Incremental Tax Revenues as set forth herein.

  • The City shall be entitled to collect the City Administrative Fee from the annual RHID Increment Fund, which shall be excluded from the RHID Costs Cap.

  • Unless earlier terminated as provided herein, this Agreement will remain in full force and effect until the expiration of the RHID Term.

  • TO: City of Lansing, Kansas Attention: City Administrator Re: Riverbend Heights RHID Terms not otherwise defined herein will have the meaning ascribed to such terms in the Development Agreement dated as of [ ] (the “Agreement”) between the City and the Developer.

Related to RHID

  • TELRIC means Total Element Long-Run Incremental Cost.

  • Medical cannabis card means the same as that term is defined in Section 26-61a-102.

  • EG means the Enforcement Guide;

  • MOHLTC means the Minister or the Ministry of Health and Long-Term Care, as the context requires;

  • POPI means the Protection of Personal Information Act, 4 of 2013;