TIF Eligible Costs definition

TIF Eligible Costs means the “redevelopment project costs” as defined in the TIF Act and approved in the Project Plan by the City and described in this Agreement.
TIF Eligible Costs means all TIF District project costs which are eligible for payment from TIF Bonds proceeds or reimbursement from Excess TIF Funds under the TIF Act and including but not limited to TIF Eligible Developer Costs, and costs of the City Improvements.
TIF Eligible Costs means all Project costs which are eligible for reimbursement under the TIF Act, including but not limited to: Public Access Area Costs, site preparation, utility relocations, multilevel parking facilities, water mains and extensions, plazas, sidewalks, street grading, paving, curbing, guttering, surfacing, street light fixtures, connection and facilities, landscaping and plantings, fountains, shelters, benches, sculptures, lighting, decorations and similar amenities, related expenses to redevelop and finance the redevelopment, including Loans and fees paid to financial advisors, architects, engineers, attorneys, and accountants.

Examples of TIF Eligible Costs in a sentence

  • Under limited circumstances, the Board will include the costs of acquiring public rights of way as TIF Eligible Costs, but this determination will be made on a case by case basis after due consideration of the circumstances.

  • After the bond obligations are paid off, providing that the bond obligations are paid off by the tax increment prior to the expiration of the term of this Agreement, fifty percent (50%) of all of the tax increment generated by the Redevelopment Site after the bond obligations are retired and during the remaining term of this Agreement will be distributed to the Developer for TIF Eligible Costs incurred and documented by the Developer as provided herein up to a maximum reimbursement amount of $16,000,000.

  • No rights to a TIF may be sold, assigned, or leased unless otherwise specified in the Development and Financing Agreement, provided however that the LDC will consent to the collateral assignment of TIF Revenues to secure financing for the TIF Eligible Costs.

  • TIF Eligible Costs shall not include any cost incurred prior to the date of this Agreement.

  • This sum shall be payable on a reimbursement basis towards TIF Eligible Costs including but not limited to demolition and remediation costs, and professional fees associated with the design or engineering of the Property, Building or the project as a whole.

  • For payment of TIF Eligible Costs, such payments shall be made on a monthly basis, again in accordance with Exhibit E.

  • At the time of requesting payout of this incentive, the Owner shall provide the City with documentation of Project Completion Costs and TIF Eligible Costs in the form required under Exhibit E.

  • Under certain limited circumstances, the LDC will include the costs of acquiring public rights of way as TIF Eligible Costs, but this determination will be made on a case by case basis after due consideration of the circumstances.

  • TIF Eligible Costs shall include those costs which are eligible for reimbursement under the TIF Act to the fullest extent of the law, including but not limited to site assembly and acquisition costs, demolition and remediation costs, costs associated with providing public utilities to the Property, professional fees associated with the design, architecture, and/or engineering of the Property, and any other TIF eligible costs, whatsoever.

  • Under certain limited circumstances, EDGE will include the costs of acquiring public rights of way as TIF Eligible Costs, but this determination will be made on a case by case basis after due consideration of the circumstances.


More Definitions of TIF Eligible Costs

TIF Eligible Costs means Project Costs described in the TIF column of the Total Project Budget attached hereto as Exhibit H, subject to the eligibility requirements under the TIF Act as set forth in Section 4.4(a)(iv).
TIF Eligible Costs means all TIF District project costs which are eligible for payment from TIF Bonds proceeds under the TIF Act and are identified in the Project Budget, including but not limited to: site preparation and drainage related facilities, utility relocations and extensions, multilevel parking facilities, water mains and extensions, plazas, sidewalks, street grading, paving, curbing, guttering, surfacing, street light fixtures, connection and facilities, landscaping and landscape lighting, plantings, fountains, shelters, benches, sculptures, lighting, decorations and similar amenities, related expenses to redevelop and finance the development, including fees paid to financial advisors, architects, engineers, attorneys, and accountants, including City Expenses related to the TIF District.
TIF Eligible Costs means all TIF District project costs which are eligible for payment from TIF Bonds proceeds or reimbursement from Excess TIF Funds under the TIF Act and including but not limited to costs of the City Improvements.
TIF Eligible Costs means all Phase 3 Project costs incurred after the Effective Date of this Agreement which are eligible for reimbursement under the TIF Act, including but not limited to: site preparation, utility relocations, multilevel parking facilities, water mains and extensions, plazas, sidewalks, street grading, paving, curbing, guttering, surfacing, street light fixtures, connection and facilities, landscaping and plantings, fountains, shelters, benches, sculptures, lighting, decorations and similar amenities, related expenses to redevelop and finance the redevelopment, including Loans and fees paid to financial advisors, architects, engineers, attorneys, and accountants. TIF Eligible costs shall NOT include site acquisition, costs of Rock Island Corridor Improvements, or fees paid to the Developer or CM Costs. An estimate of the TIF Eligible Costs is attached hereto as Exhibit N.

Related to TIF Eligible Costs

  • Eligible Costs means the actual costs reasonably incurred by the Recipient:

  • Ineligible Costs means the costs described under Part E.2 of Schedule “E” of this Agreement.

  • Eligible cost means as applied to a qualified project to be financed from the federal accounts, the costs that are permitted under applicable federal laws, requirements, procedures, and guidelines in regard to establishing, operating, and providing assistance from the bank. As applied to a qualified project to be financed from the state highway account, these costs include the costs of preliminary engineering, traffic and revenue studies, environmental studies, right‑of‑way acquisition, legal and financial services associated with the development of the qualified project, construction, construction management, facilities, and other costs necessary for the qualified project. As applied to any qualified project to be financed from the state transit account, eligible project costs are limited to capital expenditures for transit equipment and facilities.

  • Allowable Costs means the costs defined as allowable in 42 CFR, Chapter IV, Part 413, as amended to October 1, 2007, except for the purposes of calculating direct medical education costs, where only the reported costs of the interns and residents are allowed. Further, costs are allowable only to the extent that they relate to patient care; are reasonable, ordinary, and necessary; and are not in excess of what a prudent and cost-conscious buyer would pay for the given service or item.

  • Maximum allowable cost list means a list of drugs for

  • Reimbursable Costs means expenses incurred by the employee in the course of engaging in the planned learning activity and include registration, tuition and examination fees as well as textbooks/discs and applicable taxes. They may also include reasonable, incremental meal, accommodation and travel expenses.

  • Allocable Costs means costs allocable to a particular cost objective if the goods or services involved are chargeable or assignable to such cost objective in accordance with relative benefits received or other equitable relationship. Costs allocable to a specific Program may not be shifted to other Programs in order to meet deficiencies caused by overruns or other fund considerations, to avoid restrictions imposed by law or by the terms of this Agreement, or for other reasons of convenience.

  • Company Reimbursable Costs means the actual costs and expenses incurred by Company and/or its Affiliates in connection with performance of the Company Work or otherwise incurred by Company and/or its Affiliates in connection with this Agreement, and including, without limitation, any such costs that may have been incurred by Company and/or its Affiliates in connection with the Company Work or this Agreement prior to the Effective Date. These Company Reimbursable Costs shall include, without limitation, the actual expenses for labor (including, without limitation, internal labor), services, materials, subcontracts, equipment or other expenses incurred in the execution of the Company Work, all applicable overhead, overtime costs, all federal, state and local taxes incurred (including, without limitation, all taxes arising from amounts paid to Company that are deemed to be contributions in aid of construction), all costs of outside experts, consultants, counsel and contractors, all other third-party fees and costs, and all costs of obtaining any required permits, rights, consents, releases, approvals, or authorizations acquired by or on behalf of Company, including, without limitation, the Required Approvals.

  • Qualified expenses means lost wages not compensated by sick pay and unreimbursed medical expenses as defined for federal income tax purposes, to the extent not deducted in computing federal taxable income, whether or not the taxpayer itemizes federal income tax deductions.

  • Deactivation Avoidable Cost Credit means the credit paid to Generation Owners pursuant to Tariff, Part V, section 114. Deactivation Avoidable Cost Rate:

  • Direct Costs means the sum of the following:

  • Unallowable Costs has the same meaning as in 44 Ill. Admin. Code Part 7000.

  • Capitalization Reimbursement Amount As to any Distribution Date, the amount of Advances or Servicing Advances that were added to the Stated Principal Balance of the related Mortgage Loans during the prior calendar month and reimbursed to the Master Servicer or Subservicer on or prior to such Distribution Date pursuant to Section 3.10(a)(vii), plus the Capitalization Reimbursement Shortfall Amount remaining unreimbursed from any prior Distribution Date and reimbursed to the Master Servicer or Subservicer on or prior to such Distribution Date.

  • Maximum allowable cost means the maximum amount that a pharmacy benefit manager will reimburse a pharmacy for the cost of a drug.

  • Allowable Cost means a cost that complies with all legal requirements that apply to a particular federal education program, including statutes, regulations, guidance, applications, and approved grant awards.

  • HICP Daily Inflation Reference Index means (A) in relation to the first calendar day of any given month, the HICP Monthly Reference Index of the third month preceding such month, and (B) in relation to a calendar day (D) (other than the first calendar day) in any given month (M), the linear interpolation of the HICP Monthly Reference Index pertaining respectively to the third month preceding such month (M - 3) and the second month preceding such month (M - 2) calculated in accordance with the following formula:

  • Eligible Project Costs means such portion of the Project costs disbursed and loaned from the OPWC to the Recipient for the sole and express purpose of acquiring, constructing, reconstructing, expanding, improving, engineering and equipping the Project, other direct expenses, and related financing costs thereto.

  • Eligible Compensation means, with respect to each Participant for each pay period, the full salary and wages paid to such Participant by the Company or a Participating Subsidiary, including commissions, bonuses (to the extent not excluded below), overtime pay and shift differentials. Except as otherwise determined by the Committee, “Eligible Compensation” does not include

  • Eligible company means a public company as referred to in sub-section (1) of section 76, having a net worth of not less than one hundred crore rupees or a turnover of not less than five hundred crore rupees and which has obtained the prior consent of the company in general meeting by means of a special resolution and also filed the said resolution with the Registrar of Companies before making any invitation to the Public for acceptance of deposits:

  • Financeable Costs means the amount of expenditure for an Improvement which has been duly authorized by action of the governing body of the Issuer to be financed by general obligation bonds, less:

  • Covered Expenses means expenses actually incurred by or on behalf of a Covered Person for treatment, services and supplies covered by the Policy. Coverage under the Participating Organization’s Policy must remain continuously in force from the date of the Covered Accident or Sickness until the date treatment, services or supplies are received for them to be a Covered Expense. A Covered Expense is deemed to be incurred on the date such treatment, service or supply, that gave rise to the expense or the charge, was rendered or obtained.

  • Start-Up Costs means all fees, costs, and expenses incurred in connection with establishing the State Mitigation Trust and the Indian Tribe Mitigation Trust and setting them up for operation. Start-up costs shall not include the cost of premiums for insurance policies.

  • Excess Costs means the additional costs, if any, which shall be

  • Eligible revenue means the property tax increment and any

  • Anticipated county property tax revenue availability means the