Proposition N definition

Proposition N means the ordinance (denominated Proposition N) being submitted to the voters of the City at the general election being held on November 2, 2010, which submittal was approved by the City’s Board of Supervisors on July 27, 2010, pursuant to Motion No. M10-118. If approved by the voters, such ordinance would amend Section 1102 of Article 12-C of the San Francisco Business and Tax Regulations Code to increase the real property transfer tax on certain properties.
Proposition N means the ordinance (denominated Proposition N) being submitted to the voters of the City at the general election being held on November 2, 2010, which submittal was approved by the City’s Board of Supervisors on July 27, 2010, pursuant to Motion No. M10-118. If approved by the voters, such ordinance would amend Section 1102 of *** Confidential treatment has been requested for portions of this exhibit. The copy filed herewith omits the information subject to the confidentiality request. Omissions are designated as [***]. A complete version of this exhibit has been filed separately with the Securities and Exchange Commission.

Examples of Proposition N in a sentence

  • Notwithstanding the foregoing, nothing in this Agreement shall be deemed, construed, or interpreted to require either Party to pay any of the additional transfer taxes and/or deed stamps that will be payable as a result of the conveyance of title to the Land to Buyer if the Close of Escrow is extended to a date after November 1, 2010, and Proposition N is approved and takes effect before the Close of Escrow occurs.

  • Before the Close of Escrow is extended to a date after November 1, 2010, the Parties shall agree, in good faith, as to each Party’s obligation with respect to the additional transfer taxes and/or deed stamps that will be payable as a result of the conveyance of title to the Land to Buyer if Proposition N is approved and takes effect before the Close of Escrow occurs.

  • In late 2021, the Board of Supervisors passed Ordinance No. 206-21, which made Proposition N permanent for all local Board of Education elections.

  • Provide funding to cover the increased costs related to new and expanded facilities provided through the use of Proposition S and Proposition N funds.

  • Some legislative changes [see budget spreadsheet 2D]: Proposition N (Non-Citizen Voting in School Board Elections, Assembly Bill (AB) 1461 (California New Motor Voter Bill), AB 1436 (Voter Registration), and AB 2252 (Remote Accessible Vote By Mail Systems) will financially impact the Department’s budget.

  • The portion of SFBTRC 1114 at issue here—that “ ‘realty sold’ includes any acquisition or transfer of ownership interests in a legal entity that would be a change of ownership of the entity’s real property under [Section 64]”— was added to SFBTRC 1114 in 2008, before the Merger, by Proposition N.

  • Also, since 2002, when the District’s taxpayers approved the passage of Proposition S and again in 2006 approved the passage of Proposition N for a combined total of nearly $1.6 billion, major technology infrastructure improvements and equipment purchases have been made.

  • Proposition N asked voters whether the City should increase its transfer tax on sales of real estate worth more than $5 million and reduce the tax on sales of residences with certain solar energy or seismic improvements.

  • San Francisco voters passed a ballot initiative, Proposition N, popularly known as the “Care Not Cash” initiative, which required San Francisco to provide in-kind benefits to the homeless instead of the existing cash grant program.

  • Prop N 2018 Community Perspective One PagerDocument B OVERVIEW: Proposition N was a ballot measure passed by popular vote in San Francisco’s 2016 elections that would enable non-citizen parents, guardians, and caretakers of children and youth (ages 0-19) eligible to enroll in San Francisco United School District to vote in the District elections, starting in 2018.

Related to Proposition N

  • Ballot proposition means a question, issue, or proposal that is submitted to voters

  • ESA means the Federal Endangered Species Act of 1973, as amended (16 U.S.C. §§ 1531-1544) and all rules, regulations, and guidelines promulgated pursuant to that Act.

  • Improvement completion assurance means a surety bond, letter of credit,

  • Project Completion Schedule means the progressive Project Milestones set forth in Schedule-J for completion of the Project Highway on or before the Scheduled Completion Date;

  • Phase II means the second part of the tuition incentive assistance program which provides assistance in the third and fourth year of 4-year degree programs.

  • Project Proponent means the individual or organization that has overall control and responsibility for the Project, or an individual or organization that together with others, each of which is also a Project Proponent, has overall control or responsibility for the Project. The entity(s) that can demonstrate Project Ownership in respect of the Project. For the avoidance of doubt where an individual executes this Representation in their capacity as an authorized office holder of the company who is the Project Proponent, this Representation is made by the company, not the authorized office holder;

  • Phase I means the first part of the tuition incentive assistance program defined as the academic period of 80 semester or 120 term credits, or less, leading to an associate degree or certificate.

  • Allocation Schedule has the meaning set forth in Section 2.07.

  • Consenting Stakeholders has the meaning set forth in the preamble to this Agreement.

  • Tax Proposals means all specific proposals to amend the Tax Act publicly announced by or on behalf of the Minister of Finance (Canada) prior to the date hereof.

  • Tax Action means (a) an amendment to, change in or announced proposed change in the laws (or any regulations thereunder) of the United States or any political subdivision or taxing authority thereof or therein, (b) a judicial decision interpreting, applying or clarifying such laws or regulations, (c) an administrative pronouncement or action that represents an official position (including a clarification of an official position) of the governmental authority or regulatory body making such administrative pronouncement or taking such action, or (d) a threatened challenge asserted in connection with an audit of the Company or any of its subsidiaries, the Partnership, or the Trust, or a threatened challenge asserted in writing against any other taxpayer that has raised capital through the issuance of securities that are substantially similar to the Debentures, the Partnership Preferred Securities, or the Trust Preferred Securities, which amendment or change is adopted or which decision, pronouncement or proposed change is announced or which action, clarification or challenge occurs on or after the date of the prospectus related to the issuance of the Trust Preferred Securities. "10% in liquidation amount of the Trust Securities" means, except as provided in the terms of the Trust Preferred Securities or by the Trust Indenture Act, Holder(s) of outstanding Trust Securities voting together as a single class or, as the context may require, Holders of outstanding Trust Preferred Securities or Holders of outstanding Trust Common Securities voting separately as a class, who are the record owners of 10% or more of the aggregate liquidation amount of all outstanding Trust Securities of the relevant class.

  • Allocation Notice shall have the meaning assigned to such term in Section 11.14(i) hereof.

  • Tax Notice has the meaning set forth in Section 2.06(a).

  • Preparing Party has the meaning set forth in Section 2.04(a)(ii).

  • Determining Party For all applicable Extraordinary Events, Dealer. Non-Reliance: Applicable Agreements and Acknowledgments Regarding Hedging Activities: Applicable Additional Acknowledgments: Applicable

  • Tax Item means, with respect to any Income Tax, any item of income, gain, loss, deduction, or credit.

  • Phase II Study means a human clinical trial, for which the primary endpoints include a determination of dose ranges and/or a preliminary determination of efficacy in patients being studied as described in 21 C.F.R. § 312.21(b) (FDCA), as amended from time to time, and the foreign equivalent thereof.

  • Project Proposal has the meaning set forth in Section 2.2(b).

  • Qualifying project means (i) any education facility, including, but not limited to a school building, any functionally related and subordinate facility and land of a school building (including any stadium or other facility primarily used for school events), and any depreciable property provided for use in a school facility that is operated as part of the public school system or as an institution of higher education; (ii) any building or facility that meets a public purpose and is developed or operated by or for any public entity; (iii) any improvements, together with equipment, necessary to enhance public safety and security of buildings to be principally used by a public entity; (iv) utility and telecommunications and other communications infrastructure; (v) a recreational facility; (vi) technology infrastructure and services, including, but not limited to, telecommunications, automated data processing, word processing and management information systems, and related information, equipment, goods and services; (vii) any technology, equipment, or infrastructure designed to deploy wireless broadband services to schools, businesses, or residential areas; or (viii) any improvements necessary or desirable to any unimproved locally- or state-owned real estate.

  • Completion Schedule means the fulfilment of the Related Services by the Supplier in accordance with the terms and conditions set forth in the Contract;

  • Completion Deadline means the date by which the Arrangement is to be completed, which date shall be April 30, 2014 or such later date as may be agreed to in writing by the Parties;

  • Completion Notice means a notice issued by the Developer in accordance with clause 6.1.

  • Response Action means the investigation, cleanup, removal, remediation, containment, control, abatement, monitoring of or any other response action to the presence of Regulated Substances or Contamination in, on, at, under or emanating from the Stadium Site, including the correction or abatement of any violation required pursuant to Environmental Laws or by a Governmental Authority.

  • Tax roll means a permanent record of the taxes charged on property, as extended

  • Tax Payment means either the increase in a payment made by an Obligor to a Finance Party under Clause 12.2 (Tax gross-up) or a payment under Clause 12.3 (Tax indemnity).

  • Phase III means human clinical trials, the principal purpose of which is to establish substantial evidence of both safety and efficacy in patients with the disease or condition being studied, as more fully defined in 21 C.F.R. §312.21(c) or similar clinical study in a country other than the United States. Phase III shall also include any other human clinical trial intended to serve as a pivotal trial to support the submission of an application for regulatory approval.