Examples of Price Point Study in a sentence
At such time, the CFD Administrator shall request the Price Point Consultant to prepare a Price Point Study setting forth the Minimum Sale Price of residential property within each Land Use Class.
Based on the estimated Average Sales Price that the Town and CMFA determine to be appropriate for each Square Footage Category (which may be determined pursuant to an Independent Price Point Study), the Administrator shall reduce the Special Tax to the point at which the Total Tax Burden is estimated to equal 1.80% of the Average Sales Price for each Square Footage Category.
Notably, based on the Price Point Study prepared by Meyers Research, whether the Existing Zoning Scenario would be marketable at the Project site remains unclear given the scale of new hospital construction located close to the site, as well as the uncertainty of demand for future hospital beds in San Diego County.
If based upon such Price Point Study the CFD Administrator calculates that the Total Tax Burden applicable to each Land Use Class of residential property constructed or to be constructed within CFD No. 99 does not exceed 1.95% of the Minimum Sale Price of each such Land Use Class of residential property constructed or to be constructed within CFD No. 99, then there shall be no reduction in the Assigned Special Tax, nor shall there be a reduction in the Backup Special Tax.
If, based on the Price Point Study, the Administrator calculates that the Total Tax Burden for a Land Use Category will exceed 1.80% of the Average Sales Price for such Land Use Category, the Administrator shall reduce the Base Facilities Special Tax on such Land Use Category to the point at which the Total Tax Burden is equal to 1.80% of the Average Sales Price for such Land Use Category.
At such time, the CFDAdministrator shall request the Price Point Consultant to prepare a Price Point Study setting forth the Minimum Sale Price of residential property within each Land Use Class.
If, based on the Price Point Study, the Administrator determines that the Total Tax Burden applicable to a Land Use Category will not exceed 1.80% of the Average Sales Price for such Land Use Category, then there shall be no change in the Base Facilities Special Tax for such Land Use Category.
If based upon such Price Point Study the CFD Administrator calculates that the Total Tax Burden applicable to each Land Use Class of residential property to be constructed within CFD No. 87 does not exceed 1.95% of the Minimum Sale Price of each such Land Use Class of residential property to be constructed within CFD No. 87, then there shall be no reduction in the Assigned Facilities Special Tax, nor shall there be a reduction in the Backup Facilities Special Tax.
If a reduction is approved by the Successor Agency, it shall occur at least 30 days prior to the First Bond Sale in accordance with and subject to the conditions set forth in this Section D.6. At such time, the Successor Agency shall hire a Price Point Consultant to prepare a Price Point Study setting forth the Average Sales Price for Land Use Categories 1 through 14 in Table 1 within each Development Project in Improvement Area No. 1 for which Market Rate Units have been or are expected to be constructed.
If, based on the Price Point Study, the Administrator calculates that the Total Tax Burden will exceed 1.80% of the Average Sales Price, the Administrator and CMFA shall meet with the Major Property Owners to discuss the findings.