Lot Type 1 definition

Lot Type 1 means a Lot within Improvement Area #1 designated as a 45’ single-family residential lot by the Owner, as shown on the map attached as Exhibit J.

Lot Type 1 means a single family residential Lot within Improvement Area #1 marketed to homebuilders as a 40’ Lot.

Lot Type 1 means a Lot within Improvement Area #1 marketed to homebuilders as a 40’ residential Lot. The projected Annual Installments for Lot Type 1 are shown on Exhibit E‐3.

Examples of Lot Type 1 in a sentence

• The 2017-18 outstanding Assessments for each of the three Lot Types are $21,317, $16,414 and $13,856 for Lot Type 1, Lot Type 2 and Lot Type 3 lots, respectively, based on the current total outstanding Assessments ($4,395,869), the total Equivalent Units excluding prepaid lots (206.21) and the Equivalent Unit factors described in the Service and Assessment Plan.

• EXHIBIT G – MAXIMUM ASSESSMENT AND TAX RATE EQUIVALENT Lot Type 1) Per information provided by the Owner.

• This hierarchy of value (from Lot Type 1 representing the highest value to Lot Type 3 representing the lowest value) is set forth in Table II-E-1 on the following page for the Phase One lots.

• The Service and Assessment Plan identified equivalent units for each lot in each Lot Type as follows: Lot Type 1 Lots 1.00 per dwelling unit Lot Type 2 Lots 0.77 per dwelling unit Lot Type 2 Lots 0.65 per dwelling unit The equivalent unit factors are the ratio of the Assessments as allocated to each lot in each property class.

• Phase Two As of July 31, 2021, one Lot Type 1 Parcel (264943), one Lot Type 2 Parcel (Parcel 264367) and three Lot Type 3 Parcels (Parcels 264008, 264011 and 264062) were prepaid in full within Phase Two of the PID.

More Definitions of Lot Type 1

Lot Type 1 means a residential Lot within Improvement Area #1 classified as such on the Improvement Area #1 Assessment Roll, whose outstanding Improvement Area #1 Special Assessment and estimated Annual Installments are contained within the Lot Type 1 homebuyer disclosure attached as Exhibit J-1.

Lot Type 1 means a Lot designated as a 50’ x 109’ Lot on the concept plan attached as Exhibit J.

Lot Type 1 means a Lot in Improvement Area #1 designated as such on the Improvement Area

Lot Type 1 means a Lot within Improvement Area #1 designated as a 50’ single‐family residential lot by the Owner, as shown on the map attached as Exhibit N.

Lot Type 1 means a Lot within Improvement Area #1 designated as a 60’ residential lot by the Owner, depicted on Exhibit J. The Lot Type 1 Homebuyer Disclosure is attached as Exhibit M.

Lot Type 1 means a Lot within Improvement Area #1 marketed to homebuilders as a 40’ Lot. The buyer disclosure for Lot Type 1 is attached as Appendix B‐3.

Lot Type 1 means a Lot within Improvement Area #1 marketed to homebuilders as a 50’ Lot. The buyer disclosure for Lot Type 1 Lots is included as Appendix B‐1.