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 therefor authorized pursuant to Section 212.0305(4)(b), Florida Statutes, and imposed by the CDT Ordinance.

Examples of Convention Development Tax in a sentence

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

  • 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.

  • Sample WebsiteFinally, with Equation B7, we calculate the power of the website in Figure B1 as 0.15R(U) = w(u1)R(u1) + w(u2)R(u2) = 0.1 + 0.15 × 0.84 +0.1 0.1 + 0.15 × 0.8 = 0.82 Efficiency Efficiency refers to the efficiency with which a visitor locates target information.

  • Convention Development Tax (CDT) will be adjusted by$12.127 million from $63.128 million to $75.255 million.

  • The main source of CVB funding is the three percent Convention Development Tax, which is a tax on transient accommodations located within the Halifax Taxing District.

  • City Manager Morales added that this last budget item includes pay for parking to Design Miami, relocating Spectra, paying rent for their offices and other operational costs coming out of the CDT (Convention Development Tax) dollars that go towards subsidizing the operations.

  • 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.

  • If the term of this Lease, above, is for six (6) months or less, under the Florida "Convention Development Tax Act", Landlord is required to collect and Tenant is required to pay, in addition to rent, a state tax (hereinafter referred to as "Convention Development Tax"), equal to six (6) percent of the monthly rental rate.

  • Copies may be obtained by application to the Department of Revenue, Carlton Building, Tallahassee, Florida 32301.] [Form EffectiveNumber Subject Date(1) DR-15 D Convention Development Tax Return R.

  • In addition to the Convention Development Tax, HAAA also generates a small amount of revenue through sponsorships, cooperative promotions and advertising.

Related to Convention Development Tax

  • spatial development framework means the Mhlontlo 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:

  • land development area means an erf or the land which is delineated in an application submitted in terms of this By-law or any other legislation governing the change in land use and “land area” has a similar meaning;

  • 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.

  • Commercial Development Plan means the written commercialization plan attached as Appendix E.

  • land development application means the application for a land development permit on a form provided by [local jurisdiction] along with the supporting documentation required in Section [Y]-10(a).

  • 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.

  • Initial Development Plan has the meaning set forth in Section 3.2(b).

  • 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,

  • Development Phase means the period before a vehicle type is type approved.

  • Economic development project means land and existing or planned improvements suitable for use by an industrial or commercial enterprise, or housing development, or the protection of the environment, including, but not limited to, groundwater or surface water. Economic development project includes necessary buildings, improvements, or structures suitable for and intended for or incidental to use as an industrial or commercial enterprise or housing development; and includes industrial park or industrial site improvements and port improvements or housing development incidental to an industrial or commercial enterprise; and includes the machinery, furnishings, and equipment necessary, suitable, intended for, or incidental to a commercial, industrial, or residential use in connection with the buildings or structures.

  • 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.

  • Global Development Plan has the meaning set forth in Section 3.1.

  • Clinical Development means the conduct of clinical trials in humans to assess the dosing, safety and/or efficacy of the Product, including but not limited to Phase I Clinical Trials, Phase II Clinical Trials, Phase Ill Clinical Trials and Phase IV Clinical Trials.

  • 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 Site means any parcel or lot on which exists or which is intended for building development other than the following:

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

  • Cluster development means a contiguous cluster or

  • 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.