TIF Obligations definition

TIF Obligations means TIF Bonds, TIF Notes or other obligations, singly or in series, issued by the City or the Authority, as the case may be, pursuant to the TIF Act and in accordance with this Agreement.

TIF Obligations means, collectively, the TIF Notes and the TIF Bonds.

TIF Obligations means TIF Bonds, TIF Notes or other obligations, singly or in series, issued by the City pursuant to the TIF Act and in accordance with this Agreement.

Examples of TIF Obligations in a sentence

• All sums advanced under this Section shall constitute Reimbursable Redevelopment Project Costs to be reimbursed to the Developer from the proceeds of TIF Obligations issued as provided herein.

• No Taxing Authority (other than the City, if the City elects to continue the City’s TIF Obligations) shall have any TIF Obligation to the Downtown District after December 31, 2024.

• The Developer shall cause the District, subject to annual appropriation by its board of directors and in accordance with the District Project Agreement, to transfer all District Revenues to the City or to a Trustee for any TIF Obligations for deposit in the District Revenues Account of the Special Allocation Fund or with the Trustee.

• If the Reimbursable Project Costs as estimated in Exhibit H attached hereto and incorporated herein by reference are to be reimbursed from the Special Allocation Fund on an "as collected" basis rather than paid with proceeds from the sale of TIF Obligations, the Developer shall present to the City a certificate which details the costs submitted for reimbursement or direct payment and certifies that said costs are reasonable Reimbursable Project Costs.

• Subject to financial considerations, it is the intent of the parties that all TIF Obligations shall be retired as soon as possible.

More Definitions of TIF Obligations

TIF Obligations means TIF Bonds, the TIF Notes or other obligations, singly or in series issued by the City or the Issuing Authority, as the case may be, in an amount not to exceed Twenty-Two Million Dollars ($22,000,000), exclusive of Issuance Costs, for RPA 1A(II) Reimbursable Redevelopment Project costs, pursuant to the TIF Act and in accordance with the Redevelopment Agreement, the Note Ordinance, and this Wexford Agreement.

TIF Obligations means TIF Notes and Bonds.

TIF Obligations are defined in the Project and Finance Plan.

TIF Obligations means TIF Bonds, TIF Notes, or other obligations, singly or in series,

TIF Obligations means bonds, notes or other obligations, singly or in series, issued by the City pursuant to the TIF Act and in accordance with this Agreement.

TIF Obligations means, collectively or singularly, as the context requires, TIF Notes and TIF Bonds, including without limitation any TIF Notes or TIF Bonds.

TIF Obligations means the Bonds and the Subordinate TIF Notes, collectively.