Backup Special Tax definition

Backup Special Tax means the Special Tax applicable to each Assessor's Parcel of Developed Property, as determined in accordance with Section C below.

Backup Special Tax means the Special Tax applicable to each Assessor’s Parcel of Developed Property within IA No. 1, as determined in accordance with Section C below.

Backup Special Tax means the Special Tax applicable to each Assessor’s Parcel of Developed Property, as determined in accordance with Section C.1.(d) and Section C.1.(e) below.

Examples of Backup Special Tax in a sentence

• The Maximum Special Tax for each Assessor's Parcel classified as Developed Property shall be the greater of (i) the amount derived by application of the Assigned Special Tax or (ii) the amount derived by application of the Backup Special Tax.

• The Maximum Special Tax for each Assessor’s Parcel classified as Developed Property shall be the greater of (i) the amount derived by application of the Assigned Special Tax or (ii) the amount derived by application of the Backup Special Tax.

• For Assessor’s Parcels of Undeveloped Property for which a building permit has been issued, compute the Assigned Special Tax and Backup Special Tax for that Assessor’s Parcel as though it was already designated as Developed Property, based upon the building permit which has already been issued for that Assessor’s Parcel.

• For Assessor’s Parcels of Developed Property, compute the Assigned Special Tax and Backup Special Tax applicable for the Assessor’s Parcel to be prepaid.

• Step 4: If additional revenue is needed after Step 3 in order to meet the Special Tax Requirement, the Backup Special Tax shall be levied Proportionately on each Assessor’s Parcel of Undeveloped Property up to 100% of the Backup Special Tax for such Fiscal Year until the amount levied equals the Special Tax Requirement for the Fiscal Year.

More Definitions of Backup Special Tax

Backup Special Tax means the Special Tax of that name described in Section 3.B below.

Backup Special Tax means the Special Tax set forth in Section C.3 below that may be levied on Undeveloped Property pursuant to Step 4 of Section D of this RMA.

Backup Special Tax means the Special Tax amount set forth in Section C.1.b., below.

Backup Special Tax means the Special Tax applicable to each Assessor’s Parcel of

Backup Special Tax means the Special Tax for each Land Use Class of Developed Property, as determined in accordance with Section C.1.c below.

Backup Special Tax means the Special Tax applicable to each Assessor's Parcel of Developed Property and Taxable Senior Housing Property, as determined in accordance with Section C below.

Backup Special Tax means the Special Tax that may be levied each Fiscal Year on certain Assessor's Parcels, as determined in accordance with Section D below.