Tax Increment Fund definition

Tax Increment Fund means the fund maintained by the Redevelopment Authority into which are paid all Tax Increments and into which are deposited certain other revenues related to the Industrial Plaza of York District and the Project, and from which money is disbursed to pay Project Costs related to the District.

Tax Increment Fund means the fund which is established under ORS 457.440 to hold the Tax Increment Revenues.

Tax Increment Fund means the fund established under ORS 457.440(6)(b) to hold the Divide the Taxes Revenues, which is currently called the Interstate Corridor Debt Service Fund.

Examples of Tax Increment Fund in a sentence

• The City shall have no obligation to reimburse Developer until funds are available in the Tax Increment Fund.

• Developer shall be reimbursed for Redevelopment Project Costs from the Tax Increment Fund by the City as funds are collected in the Tax Increment Fund (the “Pay As You Go” method).

• After all project costs of the Zone have been paid or at the time of the expiration of this Agreement, any funds remaining in the Tax Increment Fund following the final annual accounting by the City shall be paid to those taxing units participating in the Zone in proportion to each taxing unit’s share of the total amount of Tax Increment deposited into the Tax Increment Fund.

• All disbursements from the Tax Increment Fund shall be made only to pay Redevelopment Project Costs.

• The City shall make payments for reimbursement of Redevelopment Project Costs from the Tax Increment Fund on a Pay As You Go basis in the order of priority set forth in Section 6.01.

More Definitions of Tax Increment Fund

Tax Increment Fund means that fund created by the City pursuant to Section 311.014 of the Act and Section 4 of City Ordinance No. 2089, which will be maintained by the City as a separate and individual account into which all revenues of the Zone will be deposited, including (i) deposits of Tax Increment by the City and by other taxing units with jurisdiction over real property in the Zone, including the County, and (ii) all accrued interest earned on the cash balance of the fund.

Tax Increment Fund means the fund established pursuant to Section 5.01 hereof.

Tax Increment Fund means the tax increment fund created by the City in the City Treasury for the Reinvestment Zone.

Tax Increment Fund means the special fund established by the City under ORS 457.440(6)(b) to hold the Tax Increment Revenues, which is currently called the Downtown Waterfront Debt Service Fund.

Tax Increment Fund means the Ninth & New Hampshire Tax Increment Fund, created pursuant to the Act and Section 6.01 hereof.

Tax Increment Fund means the account of such name established for the District pursuant to an ordinance enacted by the County.

Tax Increment Fund means the City's TIRZ Five Tax Increment Fund created and maintained in accordance with the Creation Ordinance and the TIRZ Act.