TIDD definition
Examples of TIDD in a sentence
The foregoing condition shall not limit the ability of the District, in its sole discretion and as authorized under NMSA 1978, Sections 5-15-12 (2006), -15 (2009) and -17 (2006) and Section 1.7 of the City TIDD Application Guidelines, to pay from the collection of the Tax Increment Revenues, without the issuance of the District Bonds, all or a portion of the costs of the District, including administrative, formation, and amounts payable under one or more Subordinate Obligations.
No modifications to the ▇▇▇▇ Plan will be effective without first obtaining the approvals required by the Act and complying with the notice and hearing procedures set forth in the Act and the City TIDD Application Guidelines.
The Parties agree that the District Funded Public Improvements are personal property and not real property and, accordingly, no indemnity agreement or environmental assessment is required pursuant to Section 5.7 of the City TIDD Application Guidelines.
The District shall utilize all express and implied authority granted by the Act, the City TIDD Application Guidelines, and the Formation Resolution to implement the “Plan of Finance” included in the ▇▇▇▇ Plan (the “Plan of Finance”) attached as Exhibit E to this Agreement and hereby incorporated into and made a part of this Agreement.