Debt Assessment definition

Debt Assessment or “Debt Assessments” means the non-ad valorem special assessments imposed to repay the Bonds which are being issued to finance the construction and acquisition of the Project as described in the Assessment Report.

Examples of Debt Assessment in a sentence

  • If, for any reason, Debt Assessments are overpaid or excess Debt Assessments are collected, or if, after repayment of the Bonds the Trustee makes payment to the District of excess amounts held by it for payment of the Bonds, such overpayment or excess amount or amounts shall be refunded to the person or entity who paid the Debt Assessment.

  • In no event, however, shall the final amount of any such Debt Assessment exceed the amount originally assessed hereunder.

  • In the event that the actual costs to the District for the Project is less than the amount assessed therefor, the District shall credit to each Debt Assessment for the Project the proportionate difference between the Debt Assessment as hereby made, approved and confirmed and the actual costs of the Project, as finally determined upon completion thereof.

  • Once the final amount of the Debt Assessments for all of the Project has been determined, the term " Debt Assessment" shall mean the sum of the actual costs of the Project benefiting the benefited parcels plus financing costs.

  • The CIA is due to be replaced by the Debt Assessment in summer 2019 which is built into our client management system which will save us time in administration per client.The advice and help that we are able toprovide to our clients starts with the initial assessment that is completed upon first contact, much of this work is done by our volunteers who contribute to the successful performance of our contract.

  • The District shall prepare and deliver monthly to Pilgrim’s Pride an invoice for its Debt Assessment, O&M Assessment and Extraordinary Surcharge Assessment (if any).

  • Proposed Effective/Applicability Date This proposal would be effective with other changes made as part of the agreed bill cycle.D21-03Reimbursable Employer Debt Assessment Charging FISCAL ANALYSIS OF PROPOSED LAW CHANGEPrepared by: Technical Services Section Trust Fund Impact: This law change proposal could have a negative Trust Fund impact of up to $330,000 in a given year.

  • Debt Assessment District: From July 1, 2021 through the year 2035, the residents of the Village will continue to pay off their construction bond.

  • Subject to the provisions of any supplemental assessment resolution, any owner of property subject to the Assessment Area Two Assessments may, at its option, pre-pay the entire amount of the Debt Assessment any time, or a portion of the amount of the Debt Assessment one time (but only if such partial payment is made within one year from the issuance of the Bonds), plus accrued interest to the next succeeding interest payment date, attributable to the property subject to Debt Assessment owned by such owner.

  • Residents in parts of Essex that do not have municipal water or sewer service do not pay for those services or infrastructure.• A temporary “Village Debt Assessment District” would be established and sunset once all Village debt is paid in full by Village residents.

Related to Debt Assessment

  • Risk assessment means a programme to determine any risk associated with any hazard at a construction site , in order to identify the steps needed to be taken to remove, reduce or control such hazard;

  • Assessment means determination of tax liability under this Act and includes self-assessment, re-assessment, provisional assessment, summary assessment and best judgement assessment;