Redevelopment district definition

Redevelopment district means a type of tax increment financing district consisting of a project, or portions of a project, within which the authority finds by resolution that one or more of the following conditions, reasonably distributed throughout the district, exists:
Redevelopment district means a type of tax increment financing district consisting of a project, or portions of a project, within which the City finds by resolution that the following conditions, reasonable distributed throughout the District, exist: Parcels consisting of 70 percent of the area of the District are occupied by buildings, streets, utilities, or other improvements and more than 50 percent of the buildings, not including outbuildings, are structurally substandard to a degree requiring substantial renovation or clearance.
Redevelopment district means the specific area declared to be an eligible area in which the city may develop one or more redevelopment projects.

Examples of Redevelopment district in a sentence

  • The Department, pursuant to K.S.A. 12-187 et seq., as amended, is required to administer, enforce and collect all Issuer Sales Tax Revenues from taxpayers doing business within the Redevelopment Project Area portion of the Redevelopment District and to cause such Issuer Sales Tax Revenues to be credited to the appropriate funds established with the State Treasurer in accordance with K.S.A. 12-189, as amended.


More Definitions of Redevelopment district

Redevelopment district or "designated district" means an area of public lands designated for redevelopment pursuant to section 171-C.
Redevelopment district means a contiguous geographic area within a city or county in which a redevelopment project will be undertaken, as defined and created by ordinance of the local governing body;
Redevelopment district means that portion of a city or
Redevelopment district means the term as defined in the preamble to this Agreement.
Redevelopment district or "designated district" means the area of public lands designated for redevelopment within the Kanoelehua industrial area and Banyan drive region.
Redevelopment district means the Prairiefire at LionsGate Redevelopment District created by the Issuer pursuant to the STAR Bond Act.
Redevelopment district means a contiguous geographic area