TIF Notes definition

TIF Notes means one or more series of tax increment revenue notes issued by the City pursuant to and subject to this Agreement and the Note Ordinance to evidence the City’s limited obligation to repay Reimbursable Redevelopment Project Costs incurred by the Developer on behalf of the City in accordance with the TIF Act and this Agreement.

TIF Notes means the tax increment revenue notes issued by the City pursuant to and subject to this Agreement and the Note Ordinance in substantially the form as set forth in Exhibit E, attached hereto and incorporated herein by reference, to evidence the City’s limited obligation to repay Reimbursable Redevelopment Project Costs incurred by the Developer on behalf of the City in accordance with the TIF Act, the CID Act and this Agreement.

TIF Notes means one or more series of not to exceed $2,350,000 plus Issuance Costs Tax Increment Revenue Notes (1111 Olive Redevelopment Project), Series 20 -A/B issued by the City pursuant to and subject to the Redevelopment Agreement and this Ordinance in substantially the form set forth in Exhibit B, attached hereto and incorporated herein by reference.

Examples of TIF Notes in a sentence

• TIF Financing Method (circle all that apply): X a) Pay-as-you go b) General Obligation Bonds c) TIF Notes d) Loan e) TIF Bond f) Industrial Revenue Bond g) Other Bond h) Other Maturity of TIF Obligations (term of the TIF payout)33.

• Absent manifest error, the amounts shown on Schedule A held by the Finance Officer shall be conclusive evidence of the principal amount paid on the TIF Notes.

• The TIF Notes may have such further appropriate particular designation added to or incorporated in such title for the TIF Notes of any particular series as the City may determine.

• Organisation Change- This provision represents an assumption of costs associated with the savings options approved at the February 2021 Council, some costs are due to be paid in 2021/22.

• The TIF Notes shall bear interest from their registration date or from the most recent Payment Date to which interest has been paid or duly provided for.

More Definitions of TIF Notes

TIF Notes means one or more series of not to exceed $2,142,000 plus Issuance Costs Tax Increment Revenue Notes (Laclede Power House Redevelopment Project), Series 200_ issued by the City pursuant to and subject to the Redevelopment Agreement and this Ordinance in substantially the form set forth in Exhibit B, attached hereto and incorporated herein by reference.

TIF Notes means the Tax Increment Limited Revenue Notes, substantially in the form contained in EXHIBIT B, to be delivered by the Authority to the Developer pursuant to Section 3.6(b) hereof and payable from Available Tax Increment received from the TIF District.

TIF Notes or “Notes” means one (1) or more tax increment allocation revenue notes in the form of Exhibit C which shall be for a term of twenty (20) years or the number of years left in the Redevelopment Plan, whichever is less, and shall be issued to the Owner. The maximum principal amount of (i) all pay-as-you-go reimbursement, (ii) all TIF Notes issued by the City pursuant to Section 4.3 below and (iii) all Net Bond Proceeds paid to or for the benefit of the Owner, shall not exceed $140,000,000.00, plus applicable interest. To the extent permitted by law, as determined by Bond Counsel, the Owner and the City will make all reasonable efforts to ensure that interest on the TIF Notes is exempt from federal income taxation (which shall include issuing the TIF Notes as one or more smaller revenue notes).

TIF Notes means notes payable to Borrower, Subsidiaries or a Qualifying Investment Affiliate that are issued in connection with Tax Increment Financing Agreements that are related to (i) Deer Run Industrial Park, (ii) the Ford Millennium Project, and (iii) the Chicago International Produce Market.

TIF Notes means all Phase 1 TIF Notes and Phase 2 TIF Notes, collectively.

TIF Notes means the not to exceed $1,500,000 plus Issuance Costs Tax Increment Revenue Notes (Gaslight Square East Redevelopment Project), Series 200_ issued by the City pursuant to and subject to this Ordinance in substantially the form set forth in Exhibit B, attached hereto and incorporated herein by reference.

TIF Notes means the not to exceed $2,850,000 plus Issuance Costs Tax Increment Revenue Notes (Leather Trades Building Redevelopment Project), Series 200_ issued by the City pursuant to and subject to the Redevelopment Agreement and this Ordinance in substantially the form set forth in Exhibit B, attached hereto and incorporated herein by reference.