Agmt98 San Mateo Co Mosquito Ab - Laserfiche WebLink

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JAH:djm 12' )/89 (RD-001/#42) JAH:djm 12/vl/89R Agency upon a condition, limitation or restriction that precludes use of such funds for payment to the District pursuant to this Agreement, nor (4 ) Proceeds from any disposition of any real or personal property; nor (5 ) Proceeds from the sale of bonds or loan agreements; nor ( 6) Revenues received by the Agency as a result of taxes levied by any affected taxing agency to retire voter-approved indebtedness; nor ( 7) Sales taxes collected by the Agency pursuant to Section 7200 et seq of the Revenue and Taxation Code. Total Project Area - means that territory comprised of the Existing Project Area and the Amendment Area. 3. Application of Agreement. This Agreement is intended to operate only with respect to the Tax Increment allocated and paid to the Agency pursuant to Health and Safety Code Section 33670 (b) , and more particularly with respect to the District Share thereof. The Agency and the District intend that Section 4 of this Agreement shall pertain to and control the allocation and distribution of Tax Increment from only the Amendment Area, and that the allocation and distribution of Tax Increment from the Existing Project Area shall be governed solely by the 1983 Agreement as amended by Section 5 of this Agreement. 4. Payment of District Share From Amendment Area. The District Share, less twenty percent (20%) thereof that the Agency 4