TDD Revenues definition

TDD Revenues means revenues of the TDD created in accordance with the TDD Act and as described in the Redevelopment Agreement.
TDD Revenues means the proceeds of the TDD Sales Tax deposited into the TDD Trust Fund in accordance with the TDD Act after deducting the cost of collection of one percent (1%) of the total amount collected. TDD Revenues do not include (i) any amount paid under protest until the protest is withdrawn or resolved against the taxpayer or (ii) any sum received by the District that is the subject of a suit or other claim communicated to the District, which suit or claim challenges the collection of such sum.
TDD Revenues means the proceeds, after deduction for costs of collection and/or administration, from the imposition of the TDD Sales Tax which are not captured as EATs but are instead pledged by the TDD to the City for deposit in the RPA 2 TDD Revenue Fund of the Revenue Fund of the Special Allocation Fund for the repayment of Project Obligations.

Examples of TDD Revenues in a sentence

  • Table VI-1 TDD Revenues Sales * The Actual TDD Sales Tax Revenues listed in the table above include the one percent Bridgeton Sales Tax remitted to the TDD from October 2004 forward.

  • The Developer shall in good faith cooperate and assist the District by taking all reasonable actions necessary to cause TDD Revenues to be paid and deposited into the TDD Trust Fund, including its cooperation with the Director, the Trustee, the District and its Administrator in the enforcement and collection of all such payments through all reasonable and ordinary means of enforcement.

  • The parties further acknowledge and agree that the District shall be created solely for the purpose of providing TDD Revenues to finance the Reimbursable Transportation Project Costs, including TDD Administrative Costs paid by the Developer in connection with the Transportation Project.

  • Upon completion of acquisition and construction of the TDD Project, the TDD intends to pledge certain TDD Revenues to the payment of Obligations (as defined hereinafter) in a principal amount sufficient to finance the TDD Project and related costs of the TDD, including, without limitation, funding capitalized interest on the Obligations, establishing a reserve fund for the Obligations and paying the costs of issuance of the Obligations.

  • Once the City has received its $850,000 and South Project Developer has been reimbursed to the South Project Cap, then Developer shall receive TDD Revenues generated from the South Project Area to pay TDD Costs in the North Project Area, subject to the TDD Cap.


More Definitions of TDD Revenues

TDD Revenues means all revenues actually collected, pursuant to this Agreement and
TDD Revenues means all revenues of the TDD Sales Tax (less the District’s reasonable
TDD Revenues means the tax receipts collected by the City of Canton and delivered to the TDD Trustee for application to payment of the TDD Bonds.
TDD Revenues means revenues of the TDD from the TDD Sales Tax, if any, and the TDD Ticket Tax, if any, plus any other tax or assessment imposed in accordance with the TDD Act after deducting the cost of collection of one percent (1%) of the total amount collected, less any such revenues transferred to the Operating Fund to pay TDD Administrative Costs. TDD Revenues do not include (i) any amount paid under protest until the protest is withdrawn or resolved against the taxpayer or (ii) any sum received by the TDD that is the subject of a suit or other claim communicated to the TDD, which suit or claim challenges the collection of such sum.
TDD Revenues means revenues of the TDD from the TDD Sales Tax, if any, imposed in accordance with the TDD Act.
TDD Revenues means the proceeds, after deduction for costs of collection and/or administration, from the imposition of the TDD Sales Tax which are not captured as EATs but are instead pledged by the TDD to the City for deposit in the TDD
TDD Revenues means revenues of the TDD created in accordance with the TDD Act and as described in Section 3.9 of the Agreement 1) less (i) costs of collection, not to exceed 1% of the actual amount collected by the TDD; (ii) that portion of revenues that constitutes an Economic Activity Tax; (iii) the District’s reasonable operating costs, not to exceed $10,000 per year, commencing in 2004; and actual costs of the District associated with its Cleaning & Maintenance Obligations in an amount not to exceed $50,000; and (2) plus all Pass-Through Payments received by the District pursuant to Section 403 of this Ordinance. TDD Revenues shall not include (i) any amount paid under protest until the protest is withdrawn or resolved against the taxpayer or (ii) any sum received by the District which is the subject of a suit or other claim communicated to the District which suit or claim challenges the collection of such sum.