Special Assessment Revenues definition

Special Assessment Revenues means the revenues derived from any special assessment imposed on real property in a business improvement district.

Special Assessment Revenues means the amounts collected pursuant to the Special Assessments and appropriated by the City Council to the Authority and paid to the Trustee including any prepayments thereof, interest thereon and proceeds of the redemption or sale of property sold as a result of foreclosure of the Special Assessment lien, penalties and default rate of interest and interest thereon (to the extent such penalties and interest are not retained by the City in accordance with the Memorandum of Understanding). “Special Assessment Revenues” does not include any Administrative Expenses collected by the City in connection with delinquent Special Assessments or other Administrative Expenses payable to the City in accordance with the Memorandum of Understanding.

Special Assessment Revenues does not include any Administrative Expenses collected by the City in connection with delinquent Special Assessments or other Administrative Expenses payable to the City in accordance with the Memorandum of Understanding.

Examples of Special Assessment Revenues in a sentence

• In making the foregoing transfers from the Revenue Fund, the Trustee shall conclusively rely on a report furnished by the Administrator filed with the Trustee pursuant to Section 10.2(a)(i) setting forth the amount of Special Assessment Revenues and Special Tax Revenues to be applied as set forth above.

• The Tax Increment Contract Special Assessment Revenues are not security for the Series 2013 Bonds.

• The Contract Special Assessment Revenues are not security for the Series 2013 Bonds.

• The Owner shall pay inspection fees which shall be included in the Cost and may later be reimbursed to Owner out of PID Bond proceeds when PID Bonds are issued or Special Assessment Revenues when levied.

• The Contract Special Assessment Revenues are payable by the City to the LGC Corporation pursuant to a separate reimbursement agreement related to the Series 2013 Sales Tax Increment Contract Revenue Bonds and represent a separate portion of a special assessment levied against the Facility Property.

More Definitions of Special Assessment Revenues

Special Assessment Revenues means the amounts collected pursuant to the Special Assessments and appropriated by the County to the Authority and paid to the Trustee including any prepayments thereof, interest thereon and proceeds of the redemption or sale of property sold as a result of foreclosure of the Special Assessment lien, penalties and default rate of interest and interest thereon (to the extent such penalties and interest are not retained by the County in accordance with the Memorandum of Understanding). “Special Assessment Revenues” does not include any Administrative Expenses collected by the County in connection with delinquent Special Assessments or other Administrative Expenses payable to the County in accordance with the Memorandum of Understanding.

Special Assessment Revenues means the monies collected from (1) the payment of Special Assessments, including supplemental assessments and reassessments, interest, expenses, or penalties on Special Assessments, prepayments, foreclosure proceeds, and proceeds from a guarantor, if any, of the Special Assessments, (2) revenue collected from the payment of Annual Installments of Special Assessments, and (3) any other revenue authorized by the PID Act and approved by the City Council.

Special Assessment Revenues means the revenues from the CID Special Assessment received by the Trustee on behalf of the CID and deposited into the Special Assessment Fund.

Special Assessment Revenues means charges assessed against benefited properties for capital improvements by a munic- ipality or county placed on the current tax roll for collection or col- lected during the year in advance of being placed on the tax roll.

Special Assessment Revenues means the special assessment collections made by the County from the properties listed in the assessments rolls of the Special Benefit Area, including, in the case of property owners’ electing to pay Assessments in installments, interest on the unpaid principal of Assessments outstanding from time to time, and any and all rights to receive the same, after deducting the administrative costs of the Project, including the levying, processing, handling and collecting of special assessments to be levied within the Special Benefit Area.

Special Assessment Revenues means the special assessment revenues generated by the special assessment levied upon the Special Assessment District.

Special Assessment Revenues means the installments of the Special Assessments collected by the City and appropriated by the City Council and transferred to the CDA.