Common use of Value of Project Clause in Contracts

Value of Project. If the contemplated Project (as defined in the TIF Agreement) constructed in the tax increment financing district is completed at a lesser level of value than originally contemplated, it will generate fewer taxes and fewer tax increments than originally contemplated.

Appears in 3 contracts

Sources: Development Assistance Agreement, Development Assistance Agreement, Development Assistance Agreement

Value of Project. If the contemplated Project (as defined in the TIF Assistance Agreement) constructed in the tax increment financing district is completed at a lesser level of value than originally contemplated, it they will generate fewer taxes and fewer tax increments than originally contemplated.

Appears in 1 contract

Sources: Tif Assistance Agreement