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.. <br />"Project Plan" shall mean the project plan for the Zone as it may be amended from time to <br />time pursuant to the terms of the TIRZ Act, as adopted by the Zone Board and approved by the City <br />Council. <br />"Projects" shall mean the TIRZ Projects and the PID Projects. <br />"Revenue Fund" shall mean the fund established by the Authority comprised of the T1RZ <br />Revenue Fund and any PID Assessment Revenue Fund subaccounts. <br />"School District" shall mean the La Porte Independent School District. <br />"School District Educational Facilities Costs" means the money to be paid annually to the <br />School District for educational facilities project costs pursuant to the Interlocal Agreement. <br />"Special District Improvement Fund" shall mean the Special District Improvement Fund <br />created by the City for the PID including any subaccount therein into which all PID Assessments <br />shall be deposited by the City. <br />"Tax Increment" shall mean the amount of property taxes collected each year by each Taxing <br />Unit participating in the Zone (to the extent of their participation) on the Captured Appraised Value. <br />"Tax Increment Base" shall mean the total appraised value of all real property taxable by the <br />City and located in the Zone as of January 1, 1999, the year in which the Zone was effective and <br />designated as a reinvestment zone, plus the total appraisal of all real property taxable by the City and <br />the other Taxing Units participating in the Zone and annexed to the Zone determined as of January 1 <br />of the year in which any future area is annexed to the Zone. <br />"Tax Increment Fund" shall mean the Tax Increment Fund created by the City for the Zone <br />including any subaccount therein into which all Tax Increments shall be deposited by the City. <br />"Taxing Unit" shall mean the County, the School District, and any other Taxing Unit that <br />participates in the TIRZ. <br />"TIRZAct" is defined in the recitals hereto. <br />"TIRZ Bonds" shall mean the bonds of the Authority payable from a pledge of the TIRZ <br />Revenue Fund. <br />"TIRZPIan"shall mean the Project Plan and the Financing Plan. <br />"TIRZ Project" shall mean any project for which moneys in the Tax Increment Fund can be <br />used pursuant to the TIRZ Act and which has been approved in the Project Plan and the Financing <br />Plan. <br />Howtoo:367966.2 4 <br />