'financial plan' means the financial plan described in the 'financial plan' section of the development program.
'fiscal year' means _________,_________(m/d) to _________,_________(m/d) of each year or such other fiscal year as the city may from time to time establish; for purposes of this agreement, the fiscal year _________ means the fiscal year commencing _________,_________,_________(m/d/y) and ending _________,_________,_________(m/d/y) and the fiscal year _________$ means the fiscal year commencing _________,_________,_________(m/d/y) and ending _________,_________,_________(m/d/y).
'land level facility' means the land level facility to be constructed in district #1 by the developer adjacent to the existing facility, together with all land, buildings, personal property located on such adjacent land as of april 1 of each year subject to city ad valorem taxes together with all improvements or additions thereto as depicted on exhibit b hereto.
'original assessed value' means $ _________, the assessed value of the districts as of _________,_________,_________(m/d/y) as the same may be adjusted from time to time in accordance with section 3.7 hereof.
'personal property increment' means that portion of the tax increment attributable to increases in personal property valuations with respect to personal property located in the districts.
'project' means the design, planning, development, acquisition, construction and operation of the land level facility and other bbb corporation improvements within the districts as described in the development program.
'project cost account' means the project cost account described in the financial plan section of the development program consisting of the city subaccount and the developer subaccount and established and maintained pursuant to article ii hereof and to provisions of 30-a m.r.s.a. section 5254(3)(a)(2).
'project costs' means 'project costs' as defined in 30-a m.r.s.a.
section 5152(8).
'property' means all real property and all personal property now or hereafter located in the districts.
'property taxes' means any and all ad valorem property taxes levied, charged or assessed against real or personal property in the districts by the city, or on its behalf.
'real property increment' means that portion of the tax increment attributable to increases in real estate valuations with respect to real estate located in the districts.
'retained tax increment revenues' means that portion of the tax increment to be retained by the city and deposited into the development program fund pursuant to the terms of the development program and this agreement.