The TDD District. It is contemplated by the parties that the Parking Improvements which are included in the TDD Improvements shall be funded in part by TDD Sales Tax Proceeds. Developer has identified certain TDD Project Costs which may be paid with TDD Sales Tax Proceeds if and to the extent that such TDD Project Costs are: (i) agreed- upon by the parties and identified on Exhibit P attached hereto for the TDD District (the "TDD Project Costs"), and (ii) eligible for payment or reimbursement pursuant to the TDD Act. Subject to the terms and conditions of this Agreement, including without limitation, (x) the TDD Cap set forth in Section 4.03 below, and (y) the Administrative Fee set forth in Section 10.01 below, Developer shall be reimbursed for Eligible Expenses from and to the extent of the TDD Sales Tax proceeds collected during the Term. Further, in connection with the TDD Parking Project, the parties hereby agree as follows:
Appears in 2 contracts
Sources: Development Agreement, Development Agreement