Convention Development Tax definition

Convention Development Tax means the tax imposed by the County on the exercise within its boundaries (other than the Cities of Bal Harbour and Surfside) of the taxable privilege of leasing or letting transient rental accommodations at the rate of three percent (3%) of the total consideration charged therefore authorized pursuant to §212.0305(4)(b), Florida Statutes, and imposed by the CDT Ordinance.
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Examples of Convention Development Tax in a sentence

  • The Designated CDT Revenues are revenues which arise from the Convention Development Tax Act.

  • When “sales tax” is mentioned in this TAA, it should be noted that discretionary county sales surtax, Tourist Development Tax, Convention Development Tax, and Tourist Impact Tax may be applicable as well.

  • To perform procedures that will provide reasonable assurance that revenue received by the Convention Development Tax was allocated, disbursed, tracked, and reported correctly.

  • Refunded Bonds:Dade County, Florida Special Obligation Bonds (Miami Beach Convention Center Project), Series 1987A; City of Miami Beach, Florida Subordinate Special Obligation Bonds, Series 1989; and Homestead Convention Development Tax Revenue Certificates, Series 1989 Refunded Bonds Call Date:Dade County, Florida Special Obligation Bonds (Miami Beach Convention Center Project), Series 1987A were called on December 1, 1997.

  • Volusia County collects a six-percent Convention Development Tax ("Bed Tax") on t h e l e a s i n g o r l e t t i n g o f t r a n s i e n t r e n t a l a c c o m m o d a t i o n s in the County.

  • Convention Center DriveMiami Beach, FL 33139 *Shaded green areas represent City parks BACKGROUND On March 20,1996, the Mayor and City Commission adopted Resolution No. 96-21927 authorizing the creation of an Interlocal Agreement between the City and Miami-Dade County with respect to the Convention Development Tax (levied and collected pursuant to section 212.0305, Florida Statutes), the Performing Arts, and other issues.

  • As a unit of local county government, departmental revenues are primarily comprised of a combination of general funds from property taxes, Tourist Development Tax revenues, Convention Development Tax revenues, state grants, federal grants, foundation support, and earned income generated by the department-managed cultural facilities from ticket sales, rentals and concessions.

  • The FY2022 budget reflects the anticipated return of audiences in fall 2021 as operations normalize with the reduction of restrictions.Combined with private support and reserve funds, the Convention Development Tax (CDT) allocation designated for the Center through a 1996 Inter-local Cooperation Agreement between Miami-Dade County, the city of Miami and the Omni Community Development Agency support free and educational programming.

  • The 6% tax is made up of the following 3 taxes:• Three percent (3%) Convention Development Tax (CDT) collected throughout Miami-Dade County, with the exception of the cities of Surfside and Bal Harbour.

  • Local Convention Development Tax: The convention development tax under s.

Related to Convention Development Tax

  • spatial development framework means the Engcobo Municipal Spatial Development Framework prepared and adopted in terms of sections 20 and 21 of the Act and Chapter 2 of this By-Law;

  • municipal spatial development framework means a municipal spatial development framework adopted by the Municipality in terms of Chapter 5 of the Municipal Systems Act;

  • Planned development means a real property development other than a community apartment project, a condominium project, or a stock cooperative, having either or both of the following features:

  • Research and development facility means an establishment engaged in laboratory, scientific, or experimental testing and development related to new products, new uses for existing products, or improving existing products. The term does not include an establishment engaged in efficiency surveys, management studies, consumer surveys, economic surveys, advertising, promotion, banking, or research in connection with literary, historical, or similar projects.

  • site development plan means a dimensioned plan drawn to scale that indicates details of the proposed land development, including the site layout, positioning of buildings and structures, property access, building designs and landscaping;

  • Integrated Development Plan means a plan formulated and approved as envisaged in Section 25 of the Municipal Systems Act 2000, as amended.

  • Research and development means (1) theoretical analysis, exploration, or experimentation; or (2) the extension of investigative findings and theories of a scientific or technical nature into practical application for experimental and demonstration purposes, including the experimental production and testing of models, devices, equipment, materials, and processes. Research and development does not include the internal or external administration of radiation or radioactive material to human beings.

  • Economic development incentive means a financial incentive,

  • Transit-oriented development means infrastructure improvements that are located within 1/2 mile of a transit station or transit-oriented facility that promotes transit ridership or passenger rail use as determined by the board and approved by the municipality in which it is located.

  • Commercial Development means any development on private land that is not heavy industrial or residential. The category includes, but is not limited to: hospitals, laboratories and other medical facilities, educational institutions, recreational facilities, plant nurseries, car wash facilities, mini-malls and other business complexes, shopping malls, hotels, office buildings, public warehouses and other light industrial complexes.

  • Development Area means that area to which a development plan is applicable.

  • Development Plan has the meaning set forth in Section 3.2.

  • Cluster development means a contiguous cluster or

  • Development District means Municipal Development District No. 4 in the City, which is described in the corresponding Development Program.

  • Development Team means the entities and professionals assembled to develop and manage the Project, typically including the Applicant, Owner, Developer(s), Co-Developer(s) and general partner or any other related entities in which the Developer or Co-Developer has an identity of interest or a Controlling Interest.

  • Infill development means new construction on a vacant commercial lot currently held as open space.

  • Economic development means all powers expressly granted and reasonably inferred pursuant to SDCL § 9-54.

  • Economic Development Property means those items of real and tangible personal property of the Project which are eligible for inclusion as economic development property under the FILOT Act and this Fee Agreement, and selected and identified by the Company or any Sponsor Affiliate in its annual filing of a SCDOR PT-300S or comparable form with the Department (as such filing may be amended from time to time) for each year within the Investment Period.