Examples of TIRZ Reimbursement Agreement in a sentence
For a developer to qualify for reimbursement, a TIRZ Reimbursement Agreement shall be approved by the TIRZ Board and the City Council.
The Board will also make recommendations to the City Council concerning a development and reimbursement agreement (TIRZ Reimbursement Agreement) and a "County Participation Agreement" between the City and the County, if the County subsequently chooses to join in the Zone.
Discussion/Action: To consider and act on Resolution a Resolution authorizing the execution of the TIRZ Reimbursement Agreement for Reinvestment Zone Number One between the City of Willow Park Reimbursement Zone Number Once, and WPD Trinity, LLC.
Consider approving a Willis TIRZ Reimbursement Agreement with the City of Willis Reinvestment Zone Number One and MRSS Partners, Ltd.
Discuss and consider action on an Amendment to TIRZ Reimbursement Agreement with TVI; and authorize the Interim City Manager to execute any and all necessary documents.Motion by Councilmember Marci Cannon, Seconded by Councilmember Christine Sederquist to approve an amendment to the TIRZ Reimbursement Agreement with TVI.
Words and phrases used in this Amendment shall, if defined in the Original Amendment to the Village at Leander Station TIRZ Reimbursement Agreement – Draft 6/19/19 Agreement and not specifically modified by this Amendment, shall have the definition and meaning as provided in the Original Agreement.
Pursuant to the terms of the Development Agreement, all detention facilities and underground storm drains shall be maintained by the District until the TIRZ Reimbursement Agreement and Chapter 552 Agreement terminate on December 31, 2041, at which time the City will take ownership and assume maintenance of the underground storm drains and the District will continue to maintain detention facilities.
Discuss and consider action on the TIRZ Reimbursement Agreement Amendment to The Triangle; amend the effective date; and authorize the Interim City Manager to execute any and all necessary documents.Motion by Councilmember Marci Cannon, Seconded by Councilmember Kathryn Pantalion-Parker to approve the TIRZ Reimbursement Agreement Amendment to The Triangle.
Under the Companies Act, the redemption or repurchase of any share may be paid out of our company’s profits or out of the proceeds of a new issue of shares made for the purpose of such redemption or repurchase, or out of capital (including share premium account and capital redemption reserve) if our company can, immediately following such payment, pay its debts as they fall due in the ordinary course of business.
This Agreement constitutes the entire agreement between the Parties and supersedes all prior agreements, whether oral or written, covering the subject matter of this Agreement, provided that nothing in this Agreement shall modify or supersede the rights and obligations of the Parties that are described in the TIRZ Reimbursement Agreement, the Chapter 552 Agreement and the Development Agreement.