Examples of Property Owners Association Property in a sentence
G.2 Prepayment in PartThe Maximum Special Tax obligation for (i) Assessor’s Parcels of Developed Property, (ii) Assessor’s Parcels of Final Mapped Property or Undeveloped Property for which a Building Permit has been issued, (iii) Assessor’s Parcels of Final Mapped Property or Undeveloped Property for which a Building Permit has not been issued; and (iv) Assessor’s Parcels of Public Property or Property Owner’s Association Property that are not exempt pursuant to Section E, may be partially prepaid.
Public Property or Property Owner’s Association Property that is not Exempt Property pursuant to the provisions of Section E: The Maximum Special Tax for Public Property or Property Owner’s Association Property that is not Exempt Property pursuant to the provisions of Section E in CFD No. 2003-2 shall be $25,900 per Acre.
For each Fiscal Year (commencing with the 2004-2005 Fiscal Year), each Parcel within CFD No. 2003-2 shall be classified either as Developed Property, Undeveloped Property, or Public Property and/or Property Owner’s Association Property that is not Exempt Property pursuant to the provisions of Section E and shall be subject to the levy of the Special Tax in accordance with the rates and method of apportionment set forth in Sections C and D below.
Public Property or Property Owner’s Association Property that is not Exempt Property pursuant to the provisions of Section E: The Maximum Special Tax for Public Property or Property Owner’s Association Property that is not Exempt Property pursuant to the provisions of Section E in CFD No. 2006-2 shall be $35,500 per Acre.
For each Fiscal Year (commencing with the 2006-2007 Fiscal Year), each Parcel within CFD No. 2006-2 shall be classified either as Developed Property, Undeveloped Property, or Public Property and/or Property Owner’s Association Property that is not Exempt Property pursuant to the provisions of Section E and shall be subject to the levy of the Special Tax in accordance with the rates and method of apportionment set forth in Sections C and D below.
Notwithstanding any other provision of this Rate and Method of Apportionment of Special Tax, no Special Tax shall be levied on Property Owner’s Association Property, or Public Property, except as otherwise provided in Sections 53317.3 and 53317.5 of the Act.Welfare Exempt Property shall be exempt from the Special Tax for as long as the property qualifies as Welfare Exempt Property in any Fiscal Year.
After the limit of 628.30 Acres has been reached, the Maximum Special Tax obligation for any additional Public Property and/or Property Owner’s Association Property shall be subject to the levy of the Special Tax as provided for in the fifth step in Section D., to the extent permitted under the Act and applicable laws.
For each Fiscal Year (commencing with the 2003-2004 Fiscal Year), each Parcel within CFD No. 2003-1 shall be classified either as Developed Property, Undeveloped Property, or Public Property and/or Property Owner’s Association Property that is not Exempt Property pursuant to the provisions of Section E and shall be subject to the levy of the Special Tax in accordance with the rates and method of apportionment set forth in Sections C and D below.
MOTION BY Vota SECONDED BY Rice TO NOMINATE JIM BOLKER FOR THE BOARD OF DIRECTORS OPEN POSITION ON THE BALLOT.
If any Parcels of Public Property or Property Owner’s Association Property are converted to Taxable Property as the result of the sale of an Exempt Parcel to a private owner for residential or non-residential development, itshall become subject to the Special Tax in accordance with this Rate and Method of Apportionment as determined pursuant to Sections C.