Examples of Final Map Area in a sentence
Prior to the issuance of all Bonds, as determined by the Assistant Superintendent, a Final Map Area Special Tax will be due for a Final Map Area when an Actual EDU Surplus or Actual EDU Deficit is less than (i.e., more negative) than a Projected EDU Surplus or Projected EDU Deficit.
After the issuance of all Bonds, the Actual Final Map Area Quotient will be used in calculating the Final Map Area Special Taxes, if any, that will be due for such Final Map Area, as described in Section F.
A Projected EDU Surplus indicates that the Final Map Area is expected to generate more Special Taxes than needed to mitigate its school facilities impact.
Moreover, notwithstanding the foregoing, no Building Permits will be issued in such Final Map Area until all Final Map Area Special Taxes which are due for such Final Map Area are paid.
Foreign bodies, which come from the raw materials used in the food product or packaging materials, are called intrinsic while extrinsic foreign bodies originated from an external source.
For convenience, an example of a Final Map Area Special Tax calculation prior to the issuance of all Bonds is provided below: Projected EDU Deficit(1.5)Actual EDU Deficit(3.0)MGPA$15,100.46 Final Map Area Special Taxes == ((-1.5) – (-3.0)) H $15,100.46$22,650.69 It should be noted that neither locating a Custom Unit on more than one (1) Lot nor combining Lots for the placement of a Custom Unit will necessarily trigger the levy of a Final Map Area Special Tax prior to the issuance of all Bonds.
Therefore, a Projected EDU Surplus indicates that the Final Map Area is subsidizing other Final Map Areas while a Projected EDU Deficit indicates that the Final Map Area is being subsidized by other Final Map Areas.
The amount of the Final Map Area Special Tax will be equal to the dollar equivalent of such deficit (i.e., unexpectedly negative) EDUs and will be calculated as described below: Step One: Subtract the Actual Final Map Area Quotient from the Projected Final Map Area Quotient.
Each Assessor’s Parcel will be assigned to a Final Map Area in accordance with Exhibit A.The Projected Final Map Area Quotient for each Final Map Area, as shown in Table 2 below, reflects the sum of the EDUs projected to be constructed within such Final Map Area.
At or before the recordation of the first Final Map in a Final Map Area, the Developer must provide the Assistant Superintendent with a development plan for each Development Block within such Final Map Area.