Payment Amounts. Each Payment shall be in an amount equal to the corresponding Appropriated Amount (for example, for the Payments due on December 1, 2017 and on June 1, 2018, the aggregate amount of such Payments would be determined by the Appropriated Amount determined for certification by December 1, 2016), provided, however, that no Payment will be in an amount greater than the amount of Incremental Property Tax Revenues received by the City from the Xxxxxx County Treasurer attributable to the taxable valuation of the Property.
Appears in 2 contracts
Samples: Development Agreement, Development Agreement
Payment Amounts. Each Payment shall be in an amount equal to the corresponding Appropriated Amount (for example, for the Payments due on December 1, 2017 2016 and on June 1, 20182017, the aggregate amount of such Payments would be determined by the Appropriated Amount determined for certification by December 1, 20162015), provided, however, that no Payment will be in an amount greater than shall exceed the amount of Incremental Property Tax Revenues received by the City from the Xxxxxx Xxxxxxx County Treasurer attributable to the taxable valuation of the Property.
Appears in 2 contracts
Samples: Development Agreement, Development Agreement
Payment Amounts. Each Payment shall be in an amount equal to the corresponding Appropriated Amount (for example, for the Payments due on December 1, 2017 2019 and on June 1, 20182020, the aggregate amount of such Payments would be determined by the Appropriated Amount determined for certification by December 1, 20162018), provided, however, that no Payment will be in an amount greater than shall exceed the amount of Incremental Property Tax Revenues received by the City from the Xxxxxx Xxxxxxx County Treasurer attributable to the taxable valuation of the Property.
Appears in 1 contract
Samples: Development Agreement