Individual Delinquencies Sample Clauses

Individual Delinquencies. If the Director of Finance determines that any single parcel subject to the Special Tax in the District is delinquent in the payment of Special Taxes in the aggregate amount of $7,500 or more, the Director of Finance shall send or cause to be sent a notice of delinquency (and a demand for immediate payment thereof) to the property owner by the following October 1, and (if the delinquency remains uncured) foreclosure proceedings shall be commenced by the City against the delinquent parcel within 90 days of the sending of such notice and shall be diligently pursued by the City to completion. Notwithstanding the foregoing, the City need not take any such action so long as the amount then in the Reserve Fund is at least equal to the Reserve Requirement.
AutoNDA by SimpleDocs
Individual Delinquencies. If the Xxxxxx Plan is not in effect with respect to the Special Taxes and the City determines on the basis of such review that the Special Tax with respect to any single parcel of Taxable Property is delinquent by more than two thousand five hundred dollars ($2,500), then the City shall send a notice of delinquency and a demand for immediate payment thereof to the owner of the parcel by August 15. If the delinquency is not cured by November 1, the City will institute, prosecute, and pursue foreclosure proceedings to judgment and sale in order to enforce the lien of the delinquent installments of Special Taxes against such property owner’s parcel(s).
Individual Delinquencies. If the School District determines that any single parcel subject to the Special Tax in the CFD is delinquent in the payment of Special Taxes in the aggregate amount of $1,000 or more, then the School District shall send or cause to be sent a notice of delinquency (and a demand for immediate payment thereof) to the property owner within 45 days of such determination, and (if the delinquency remains uncured) foreclosure proceedings shall be commenced by the School District within 120 days of such determination and shall be diligently pursued by the School District to completion. Notwithstanding the foregoing, the School District may defer any such action if the amount then in the Reserve Fund is at least equal to the Reserve Requirement and the amount then on deposit in any reserve fund established for any Parity Bonds is at least equal to the reserve requirement for such reserve fund as specified in the Supplemental Agreement for such Parity Bonds.
Individual Delinquencies. If, as of any June 15, the Treasurer determines that any single parcel subject to the Special Tax in the District is delinquent in the payment of Special Taxes in the aggregate amount of $2,200.00 or more, then the Treasurer shall promptly send or cause to be sent a notice of delinquency (and a demand for immediate payment thereof) to the property owner, and (if the delinquency remains uncured) foreclosure proceedings shall be commenced by the County within 90 days after the notice of delinquency has been sent.
Individual Delinquencies. If the Finance Director determines that any single parcel subject to the Special Tax in the CFD is delinquent in the payment of Special Taxes cumulatively by more than $2,000 or more, then the Finance Director will send or cause to be sent a notice of delinquency (and a demand for immediate payment thereof) to the property owner within 60 days of such determination, and (if the delinquency remains uncured) foreclosure proceedings will be commenced by the City within 120 days of such determination. [For Stone Point CFD No. 5: $2,500]
Individual Delinquencies. If the Auditor determines that any single parcel subject to the Special Tax in the District is delinquent in the payment of Special Taxes in the aggregate amount of (i) $7,500 or more if all of the property within the District is on the Xxxxxx Plan (as referenced in clause (xiii) of Section 5.19(A)); or (ii) $3,000 or more if any property within the District is not on the Xxxxxx Plan, then the Auditor shall send or cause to be sent a notice of delinquency (and a demand for immediate payment thereof) to the property owner within 45 days of such determination, and (if the delinquency remains uncured) foreclosure proceedings shall be commenced by the County within 120 days of such determination and shall be diligently pursued by the County to completion. Notwithstanding the foregoing, the Auditor may defer any such action if the amount then in the Reserve Fund is at least equal to the Reserve Requirement.
Individual Delinquencies. If the City determines that any single parcel is delinquent in the payment of all or a portion of [three semi-annual installments] of Special Taxes, then the City shall send or cause to be sent a notice of delinquency (and a demand for immediate payment thereof) to the property owner within 30 days of such determination, and (if the delinquency remains uncured) foreclosure proceedings shall be commenced by the City as to each parcel that received the delinquency notification promptly following such determination, to the extent permissible under applicable law and shall thereafter diligently proceed with such foreclosure proceedings to the extent permitted by law, and as recommended by legal counsel to the City.
AutoNDA by SimpleDocs
Individual Delinquencies. If the CFD Administrator determines that any Assessor’s Parcel (as such term is defined in the Rate and Method) subject to the Special Tax in the District is delinquent in the payment of Special Taxes in the aggregate amount of at least $5,000, then the CFD Administrator shall send or cause to be sent a notice of delinquency (and a demand for immediate payment thereof) to the fee owner of the delinquent property within 45 days of such determination, and (if the delinquency remains uncured) foreclosure proceedings shall be commenced by the City within 90 days of such determination.
Individual Delinquencies. If the Administrative Services Director determines that any single parcel subject to the Special Tax in Improvement Area No. 4 is delinquent in the payment of Special Taxes for two years or in the aggregate amount of $10,000 or more, then the Administrative Services Director shall send or cause to be sent a notice of delinquency (and a demand for immediate payment thereof) to the property owner within 45 days of such determination, and, if the delinquency remains uncured, foreclosure proceedings shall be commenced by the City within 90 days of such determination.
Individual Delinquencies. If the Finance Director determines that any single parcel subject to the Special Tax in the CFD is delinquent in the payment of Special Taxes in the aggregate amount of $3,000 or more, then the Finance Director shall send or cause to be sent a notice of delinquency (and a demand for immediate payment thereof) to the property owner within 45 days of such determination, and (if the delinquency remains uncured) foreclosure proceedings shall be commenced by the City within 90 days of such determination. Notwithstanding the foregoing, in its sole discretion, the Finance Director may defer such action if the amount in the Reserve Fund is at least equal to the Reserve Requirement.
Time is Money Join Law Insider Premium to draft better contracts faster.