Maximum Facilities Special Tax definition

Maximum Facilities Special Tax means the greatest amount of Facilities Special Tax that can be levied on an Assessor’s Parcel in any Fiscal Year determined in accordance with Sections C, D, and E below.
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Maximum Facilities Special Tax means the maximum Facilities Special Tax, determined in accordance with Section C.1 herein, that can be levied in any Fiscal Year on any Assessor’s Parcel of Taxable Property.
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Maximum Facilities Special Tax means the maximum Facilities Special Tax, determined in accordance with Section C, that can be levied by the Board in any Fiscal Year on a Parcel of Taxable Property within the CFD. The Maximum Facilities Special Tax assigned to a Parcel shall be recalculated pursuant to the steps set forth in Sections C.2 and C.3 below if the Parcel becomes a Foreclosure Parcel or the Parcel makes a voluntary partial prepayment pursuant to Section F below.
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Examples of Maximum Facilities Special Tax in a sentence

  • To the extent that the levy of the Facilities Special Tax on Residential Property is limited by the provision in the previous sentence, the levy of the Facilities Special Tax on each Assessor’s Parcel of Non-Residential Property shall continue in equal percentages up to 100% of the applicable Maximum Facilities Special Tax.

  • The Maximum Facilities Special Tax for each Assessor's Parcel classified as Developed Property shall be the greater of (i) the amount derived by application of the Assigned Facilities Special Tax or (ii) the amount derived by application of the Backup Facilities Special Tax.

  • The Maximum Facilities Special Tax levied on such Assessor’s Parcel shall be the sum of the Maximum Facilities Special Tax for all Land Use Classes located on that Assessor’s Parcel.

  • Nevertheless, his rhetoric was taken as crossing several Saudi red lines in questioning the legitimacy of the Saudi royal family’s rule and in calling for mass protests and civil disobedience.

  • On each July 1, commencing the July 1 immediately following the Fiscal Year in which the reduced Maximum Facilities Special Tax was calculated, such Maximum Facilities Special Tax shall be increased to 102 percent of the respective Maximum Facilities Special Tax in effect in the previous Fiscal Year.

  • After proportionately increasing the Base Facilities Special Taxes to an amount that will maintain Required Coverage, the Administrator shall use these adjusted per-square foot rates to calculate the Maximum Facilities Special Tax for each Taxable Parcel that has been, or is expected to be, created within the building(s) for which the Building Permit has been issued.

  • To prepare the Regional Land Transport Plan (RLTP) and any variation to the Plan for the approval of Waikato Regional Council 3.

  • After issuance of the first series of Bonds, the Administrator shall apply Steps 5 and 6 to determine the Maximum Facilities Special Tax for each Taxable Parcel.

  • The Administrator shall also revise Attachment2 to reflect the new Expected Maximum Facilities Special Tax Revenues.

  • The Administrator will, upon receipt of each recorded Vertical DDA, and upon any proposed Land Use Change that is made known to the Administrator, update Attachment 2 to reflect the then-current Expected Land Uses on, and Expected Maximum Facilities Special Tax Revenues for, each Sub-Block.

Related to Maximum Facilities Special Tax

  • Maximum Special Tax means the maximum Special Tax, determined in accordance with Section C below, that can be levied in any Fiscal Year on any Assessor’s Parcel.

  • Special Tax means the special tax to be levied in each Fiscal Year on each Assessor’s Parcel of Taxable Property to fund the Special Tax Requirement.

  • Special Tax Requirement means that amount required in any Fiscal Year to: (i) pay debt service on all Outstanding Bonds; (ii) pay periodic costs on the Bonds, including but not limited to, credit enhancement and rebate payments on the Bonds; (iii) pay Administrative Expenses; (iv) pay any amounts required to establish or replenish any reserve funds for all Outstanding Bonds; (v) pay directly for the acquisition or construction of facilities authorized to be financed by IA No. 2 to the extent that inclusion of such amount does not increase the Special Tax levy on Undeveloped Property; and (vi) pay for reasonably anticipated Special Tax delinquencies based on the historical delinquency rate for IA No. 2 as determined by the CFD Administrator; less (vii) a credit for funds available to reduce the annual Special Tax levy, as determined by the CFD Administrator pursuant to the Indenture.