Services Special Tax definition
Examples of Services Special Tax in a sentence
The total Services Special Tax collected shall be adjusted for any other increases or decreases in the total number of units constructed at full buildout, or to account for a change in the number of exempt, deed-restricted affordable housing units built or not built within the terms of Section 3.1.2.1, such that the per unit Services Special Tax remains $815.16 per single-family residential unit.
The Parties agree that these Services Special Tax amounts shall remain fixed for the first three years after the Effective Date of this Agreement, then the Services Special Tax amounts will be authorized to increase annually at a 2% escalator until the Services CFD is formed, then may escalate thereafter as outlined in the Local Goals and Policies (Exhibit E).