TIF Bonds definition

TIF Bonds means tax increment revenue bonds, if any, authorized and issued by the Authority in accordance with the TIF Act and this Agreement.

TIF Bonds means tax increment revenue bonds issued by the City to refund Notes in accordance with Section 5.2 of the Redevelopment Agreement.

TIF Bonds means the tax increment financing general obligation bonds issued by the City, which the City will pledge tax increment revenue from the TIF District and special assessments for debt service thereof. It is acknowledged that the TIF Bonds may be taxable.

Examples of TIF Bonds in a sentence

• Types of DebtDebt financing may include general obligation bonds, revenue bonds, lease/purchase as well as public improvement district bonds, special assessment bonds, and tax increment financing (TIF) Bonds.

• In the event that any portion of the principal of or interest on the TIF Bonds, issued in connection herewith, or any amount due and owing for reimbursement under a development agreement between the City and the Company, remains unpaid as of the Expiration Date, then the Increment District shall not terminate until the increment apportioned during the term of the Increment District is actually received by the Apportionment Fund, even if the receipt of such revenues occurs subsequent to the Expiration Date.

• In the event that any portion of the principal of or interest on the TIF Bonds, issued in connection herewith, or any amount due and owing for reimbursement under a development agreement entered into by the City, remains unpaid as of the Expiration Date, then the Increment District shall not terminate until the increment apportioned during the term of the Increment District is actually received by the Apportionment Fund, even if the receipt of such revenues occurs subsequent to the Expiration Date.

• The TIF Bonds are to be repaid with tax increment revenue generated by the Ad Valorem Tax Provision in accordance with the terms of the Redevelopment Agreement and the Nebraska Community Development Law.

• The TIF Bonds are secured by the increment generated only from the properties involved in the Devonshire Project.

More Definitions of TIF Bonds

TIF Bonds means any tax increment revenue bonds (a) authorized and issued by the City in accordance with the TIF Act or (b) authorized and issued by the IDA in accordance with Chapter 349 of the Revised Statutes of Missouri, as amended.

TIF Bonds means full faith and credit tax increment financing bonds to pay TIF Eligible Costs as set forth in Section 6.02.

TIF Bonds means the tax increment revenue bonds of the City expected to be issued in one or more series pursuant to the Conference Center and Parking Facility Development Agreement to pay the costs of acquiring the City Conference Center Unit, to fund a deposit to a debt service reserve account, if necessary or desirable, and to pay a portion of the costs of acquiring the Parking Facility and to pay costs of issuing the TIF Bonds.

TIF Bonds means one or more series of bonds issued to fund costs of the Public Infrastructure Improvements.

TIF Bonds means tax increment financing bonds, notes or other obligations issued by the PFA pursuant to this chapter.

TIF Bonds means the City of Cleveland, Ohio Economic Development Revenue Bonds, Series 2003A (Lower Euclid Avenue Project).

TIF Bonds means the full faith and credit tax increment bonds to be issued by the City pursuant to the TIF Act to finance the Projects in an estimated principal amount $1,550,000 and any refunding bonds issued to refund such bonds.