SPECIAL LEVY. The Special Levy, as defined in the Rate and Method of Apportionment of Special Levy (the “Rate and Method”) attached to the District General Plan as Exhibit shall be imposed on the taxable parcels of real property located in the PID (as identified in Section and Exhibit of the District General Plan) and the revenues of the Special Levy shall secure the debt service payments due on PID Bonds, as provided in the Act.
Appears in 2 contracts
Samples: Master Development Agreement, Master Development Agreement
SPECIAL LEVY. The Special Levy, as defined in the Rate and Method of Apportionment of Special Levy (the “"Rate and Method”") attached to the District General Plan as Exhibit shall be imposed on the taxable parcels of real property located in the PID (as identified in Section and Exhibit of the District General Plan) and the revenues of the Special Levy shall secure the debt service payments due on PID Bonds, as provided in the Act.
Appears in 2 contracts
Samples: Master Development Agreement, Master Development Agreement