CFD Boundary Sample Clauses

CFD Boundary. The CFD will be initially formed to include only the planning areas in Phase 1A, with the balance of the Site being identified as future annexation area. The attached Figure 1 shows the proposed initial boundaries of the CFD, which will be designated as “Tax Zone 1.” Future phases or subphases of the Development will annex into the CFD as separate tax zones as maps record to create the necessary parcels for annexation. This annexation process allows the maintenance costs to be estimated at the time of annexation so that an appropriate maintenance special tax can be established for each subphase based on actual and estimated maintenance costs at the time.
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