Tax Allocation Increment definition

Tax Allocation Increment means the positive tax allocation increment (within the meaning of the Redevelopment Powers Law) levied and collected on real property within the South Columbus River District TAD attributable to the ad valorem millage rate levied annually by Columbus (which was .040831 mils in 2022).
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Tax Allocation Increment means the tax allocation increment within the meaning of O.C.G.A. Section 36-44-3(14) of the Redevelopment Powers Law with respect to the Duke Lodging TAD I, and including, without limitation, collectively, the Personal Property Tax Allocation Increment and the Real Property Tax Allocation Increment.
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Tax Allocation Increment means the tax allocation increment as defined by O.C.G.A.§36-44-3(14) of the Redevelopment Powers Law and derived from ad valorem taxes on real property within the TAD.
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Examples of Tax Allocation Increment in a sentence

  • Estimated Potential Tax Allocation Increment at Build Out ProjectSource: Alpharetta Project Data and Bleakly Advisory Group, Inc.

  • TRG Project Tax Allocation Increment and resulting Annual City TAD Payments due to TRG are calculated on the basis of applicable property taxes levied and collected on all real property located within the boundaries of the Crow Property Multi-Family Project Site and the Old Town Phase 1 Project Site, together, and whether owned by TRG or other parties.

  • TRG understands and agrees that both TRG and the City have an interest in generating future TRG Project Tax Allocation Increment that is sufficient to pay off the City’s obligations to TRG as quickly as possible, so that any remaining revenues after repayment of TRG, over the remaining life of the TAD, can be invested in other beneficial projects within the District.

  • Positive Tax Allocation Increment The estimated positive tax allocation increment for the period covered by the term of any tax allocation bonds is set forth under “ESTIMATED POSITIVE TAX ALLOCATION INCREMENTS,” above.

  • The following section assumes that Alpharetta will NOT be asked to rebate County or School District Tax Increments as a payment in lieu of taxes, but financial models possess the capability to incorporate such assumptions.personal property, which could conservatively add another 20% to 25% to estimated ad valorem revenues from new commercial development within the TAD.Estimated Potential Tax Allocation Increment at Build Out ProjectSource: Alpharetta Project Data and Bleakly Advisory Group, Inc.

  • Such submission shall also include the projected impact, if any, on the Positive Tax Allocation Increment and such other information as reasonably requested by the City for the purpose of evaluating the request.

  • Others are the age of the firm and business model (Mitchelle 2015), the composition of competencies in terms of human resources, and access to external funding (Wang & Warn 2019; Wang & Altinay, 2012).

  • On December 8, 2014, the Lilburn City Council approved and amended the Lilburn Main Street and Old Town Redevelopment Plan, establishing the Tax Allocation Increment Base and dissolving the boundaries of a TAD previously known as Tax Allocation District Number One – Downtown Lilburn and now known as Tax Allocation District Number Two – Lilburn Main Street and Old Town District.

  • The City and the County hereby agree that the Tax Allocation Increment Base for the Lilburn Main Street and Old Town District TAD #2, which was certified by the State Revenue Commissioner as of December 31, 2014, is the taxable value of all real property subject to ad valorem property taxation located within the TAD, net of all exemptions and exclusions provided by law, in accordance with O.C.G.A 36-44-10.

  • He adds that another important aspect of job analysis is that any other person who, by following the same procedures, should be able to replicate the results.


More Definitions of Tax Allocation Increment

Tax Allocation Increment means the positive tax allocation increment (within the meaning of the Redevelopment Powers Law) levied and collected within TAD #4 at the tax millage rates then in force in the City, the County and the City of Xxxxxx School District, which shall be payable first toward the Development Payments.
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Tax Allocation Increment means the tax allocation increment within the meaning of O.C.G.A. Section 36-44-3(14) of the Redevelopment Powers Law with respect to the New Town Center TAD, including, without limitation, Real Property Tax Allocation Increment. The proportional share of accumulated Real Property Tax Allocation Increments attributable to the contributions of City, County and School District millage may also be referred to in this Agreement as City, County and School District Tax Allocation Increments, respectively. See Exhibit “D” for a summary of tax allocation district increment for the years 2019 through 2021.
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Tax Allocation Increment means the amount of positive tax allocation increment with respect to real property accrued in each calendar year within the Downtown Lilburn TAD #2 as defined in O.C.G.A. §36-44-3(14).
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Tax Allocation Increment means the amount of the tax allocation increment with respect to real property accrued in each calendar year within the Varnell TADs, as provided in O.C.G.A. §36-44-3(14).
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Tax Allocation Increment means the “tax allocation increment” (as such term is defined in the Redevelopment Powers Law) actually received by the City that is attributable to City and County ad valorem property taxes that are generated by the Project and, in the event that the City secures the consent of the Xxxxxx County School District, Board of Education to the Commercial Corridors TAD, the School District ad valorem property taxes generated by the Project and received by the City. For purposes of this Development Agreement, the Tax Increment is limited to tax allocation increment generated from the Project and excludes additional increment that is generated within the Tax Corridor Increment.
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Tax Allocation Increment has the meaning set forth in Section 1.2 of this Agreement.
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Related to Tax Allocation Increment

  • Tax Increment means the difference between:

  • Asset Allocation The following single issuer limits shall apply on a market value basis, with exception of Money-Market funds and US Government guaranteed securities, which may be held without limit:

  • Initial Allocation means the conditional setting aside by MBOH of HCs from a particular year’s federal LIHTC allocation to the state for purposes of later Carryover Commitment and/or Final Allocation to a particular Project, as documented by and subject to the requirements and conditions set forth in a written Reservation Agreement, the Applicable QAP and federal law.

  • Final Allocation has the meaning set forth in Section 2.3.

  • Required Allocations means any allocation of an item of income, gain, loss or deduction pursuant to Section 6.1(d)(i), Section 6.1(d)(ii), Section 6.1(d)(iv), Section 6.1(d)(v), Section 6.1(d)(vi), Section 6.1(d)(vii) or Section 6.1(d)(ix).

  • Class B Fixed Allocation means, with respect to any Monthly Period following the Revolving Period, the percentage equivalent (which percentage shall never exceed 100%) of a fraction, the numerator of which is the Class B Investor Interest as of the close of business on the last day of the Revolving Period and the denominator of which is equal to the Investor Interest as of the close of business on the last day of the Revolving Period.

  • Tax Allocations means the allocations set forth in paragraph 4 of Exhibit B.

  • Load allocation means the portion of a receiving water's loading capacity that is allocated to one

  • Estimated Incremental Quarterly Tax Amount has the meaning assigned to such term in Section 6.9.

  • Tax Allocation Agreement means the Tax Allocation Agreement between Corporation and New D&B.

  • Scan increment means the amount of relative displacement of the patient with respect to the CT x-ray system between successive scans measured along the direction of such displacement.

  • Incremental Cap has the meaning assigned to such term in Section 2.21(a).

  • Curative Allocation means any allocation of an item of income, gain, deduction, loss or credit pursuant to the provisions of Section 6.1(d)(ix).

  • Incremental Income Taxes is defined in Section 6.9.

  • Percentage Allocation is defined in Section 4.3(b)(ii)(y).

  • Taxable Allocation means, with respect to any Series, the allocation of any net capital gains or other income taxable for federal income tax purposes to a dividend paid in respect of such Series.

  • Tax increment revenues means the amount of ad valorem property taxes and specific local taxes attributable to the application of the levy of all taxing jurisdictions upon the captured assessed value of real and personal property in the zone. Tax increment revenues do not include any of the following:

  • Tax Increment District or "district" means that area to which the tax increment finance plan pertains.

  • Maximum Incremental Amount means, at any time, the sum of (a) $1,400.0 million minus the Dollar Equivalent amount (measured at the time of incurrence) of New Term Loans, New Revolving Commitments and Permitted Alternative Incremental Facilities Debt previously established or incurred in reliance on this clause (a) plus (b) the aggregate Dollar Equivalent amount (measured at the time of prepayment or reduction) of Term Loans and Revolving Commitments outstanding on the Closing Date (or established pursuant to clause (a) above) that are optionally prepaid or optionally reduced (other than with the proceeds of long-term Indebtedness (other than borrowings under any revolving credit facility) and other than Revolving Commitments replaced with New Revolving Commitments) following the Closing Date and on or prior to such time (and, in the case of any prepayment of Term Loans pursuant to Section 2.08(d), based on the Dollar Equivalent amount (measured at the time of each applicable prepayment) expended by the Borrowers pursuant to such Section 2.08(d) and not the principal amount) plus (c) an unlimited amount so long as, in the case of this clause (c) only, on a pro forma basis (including the application of proceeds therefrom but excluding any increase in cash and cash equivalents and treating any New Revolving Commitments established pursuant to this clause (c) as fully drawn and all Permitted Alternative Incremental Facilities Debt incurred pursuant to this clause (c) as secured by Liens whether or not actually secured (but without giving effect to any substantially simultaneous incurrence of any New Term Loans, New Revolving Commitments or Permitted Alternative Incremental Facilities made pursuant to the foregoing clauses (a) and (b))), the Consolidated Secured Debt Ratio would not exceed 3.00 to 1.00 (it being understood that the Borrowers shall be deemed to have used amounts under clause (c) (to the extent compliant herewith) prior to utilization of amounts under clause (a) or (b)).

  • Extended Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).

  • Allocation Amount means, as of the Closing Date, the Series 2017-2 Stated Principal Amount and on any date of determination thereafter, the sum of, without duplication, (a) the Allocation Amount determined as of the later of the Closing Date or the date of determination immediately prior to the then current date of determination, plus (b) the amount of all increases in the Series 2017-2 Stated Principal Amount resulting from the issuance of additional Series 2017-2 Notes since the prior date of determination, plus (c) all reimbursements, as provided in Section 4.04(e) or otherwise, of reductions in the Allocation Amount due to Investor Charge- Offs or Reallocated Principal Collections since the prior date of determination, minus (d) the amount of the reduction in the Allocation Amount due to Investor Charge-Offs since the prior date of determination, determined as set forth in Section 4.07, minus (e) the amount of the reduction in the Allocation Amount due to the application of Reallocated Principal Collections since the prior date of determination, determined as set forth in Section 4.08, minus (f) the amount deposited into the Principal Funding Account or (without duplication) deposited into the Distribution Account pursuant to Section 4.05(c) or paid to the Series 2017-2 Noteholders (in each case, after giving effect to any deposits, allocations, reallocations or withdrawals to be made on that day) since the prior date of determination; provided, however, that (1) the Allocation Amount may never be less than zero, (2) the Allocation Amount may never be greater than the Adjusted Outstanding Dollar Principal Amount and (3) if there is a sale of Collateral in accordance with Section 4.14, the Allocation Amount will be reduced to zero upon such sale.

  • Incremental Term Loan Amount means, at any time, the excess, if any, of (a) $25,000,000 over (b) the sum of (i) the aggregate increase in the Revolving Credit Commitments established at or prior to such time pursuant to Section 2.24 and (ii) the aggregate amount of all Incremental Term Loan Commitments established prior to such time pursuant to Section 2.25.

  • Incremental Revolving Increase has the meaning set forth in Section 2.16(a).

  • Cost Allocation Plan means central service cost allocation plan, public assistance cost allocation plan, and indirect cost rate proposal. Each of these terms are further defined in this section.

  • Group II Allocation Percentage With respect to any Distribution Date, the percentage equivalent of a fraction, the numerator of which is (i) the Group II Principal Remittance Amount for such Distribution Date, and the denominator of which is (ii) the Principal Remittance Amount for such Distribution Date.

  • Maximum Incremental Facilities Amount means, at any date of determination, (a) the sum of (i) $500,000,000, plus (ii) an amount such that the Borrower is in Pro Forma Compliance with the Senior Secured Leverage Test (for the avoidance of doubt without netting any cash from the proceeds of any Indebtedness being incurred in reliance on such test and, if applicable, assuming the full amount of any New Revolving Credit Commitments are drawn), plus (iii) amounts used to incur Indebtedness the Net Cash Proceeds of which are substantially concurrently used to refinance or replace Revolving Credit Commitments and/or Term Loans (including any fees, accrued interest or other amounts owing in respect thereof), plus (iv) from and after the 2012 Extension Effective Date, the aggregate principal amount of 2014 Term Loans outstanding as of such date of determination, provided that such additional amounts pursuant to this clause (iv) are only available to the extent such amounts are used to incur Indebtedness the Net Cash Proceeds of which are substantially concurrently used to prepay 2014 Term Loans in accordance with Section 5.1 of this Agreement (such prepaid 2014 Term Loans, “Incremental Facility Prepaid 2014 Term Loans”) plus (v) the Dollar Equivalent principal amount of Term Loans (other than New Term Loans, Incremental Facility Prepaid 2014 Term Loans or Term Loans refinanced or replaced pursuant to clause (iii) above) voluntarily prepaid pursuant to Section 5.1 prior to such date, plus (vi) the amount of all Revolving Credit Commitments that have either been permanently reduced pursuant to Section 4.2 or have otherwise terminated in accordance with the terms of this Agreement after the 2012 Extension Effective Date (without duplication of the amounts incurred pursuant to clause (iii) above) minus (b) the sum of (i) the aggregate principal amount of New Loan Commitments incurred pursuant to Section 2.14(a) prior to such date and (ii) the aggregate principal amount of Permitted Other Indebtedness issued or incurred pursuant to Section 10.1(bb)(i)(a) prior to such date.