TDD Reimbursement. Subject to Article III of this Agreement, TDD Sales Tax shall be used to reimburse the Developer for the cost of the TDD Improvements, as described in Exhibit A, whether by the issuance of TDD Bonds in accordance with this Agreement or by Pay-As-You-Go TDD Financing. In no event will the reimbursement described hereunder exceed the maximum authority set out in the definition of “Eligible Expenses” and as approved by the TDD Resolution and any changes must be approved by City.
Appears in 2 contracts
Sources: Development Agreement, Development Agreement