Examples of Original Parcel in a sentence
If, after subdivision of an Original Parcel, a Successor Parcel is further subdivided, the Successor Parcel shall be treated as an Original Parcel for purposes of allocating Maximum Special Taxes pursuant to Section C.2a, C.2b, or C.2c, as appropriate.
Each Fiscal Year commencing in Fiscal Year 2014-2015, each Assessor’s Parcel classified as an Original Parcel shall be subject to the Special Tax.
Each Fiscal Year, beginning with Fiscal Year 2014-2015, each Assessor’s Parcel shall first be classified by the CFD Administrator as an Original Parcel or a Successor Parcel.
As of the Effective Date, Landlord anticipates that the Office Parcel will consist of approximately 1.44 acres of the Original Parcel, but Landlord shall be entitled to subdivide the Original Parcel in such a fashion that the Office Parcel is the minimum size for development of the Building thereon which the City of Los Altos is willing to permit, or alternatively if Landlord so chooses in its sole and absolute discretion the Office Parcel is any greater area of land permitted by the City of Los Altos.
If, after subdivision of a Large Lot, a Successor Parcel is further subdivided, the Successor Parcel shall be treated as an Original Parcel for purposes of allocating Maximum Special Taxes pursuant to Section C.3c, or C.3d, as appropriate.