Special Tax Obligation definition

Special Tax Obligation means the total obligation of an Assessor’s Parcel of Taxable Property to pay the Special Tax for the remaining life of IA B of CFD No. 4.
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Special Tax Obligation means the total obligation of an Assessor’s Parcel of Taxable Property to pay the Special Tax for the period described in Section 7 below.
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Special Tax Obligation means the requirement of Taxable Parcels to pay the annual Special Tax each Fiscal Year until all Annual Costs have been satisfied.
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Examples of Special Tax Obligation in a sentence

  • If, in any Fiscal Year, the CFD Administrator identifies a total number of Affordable Units within CFD No. 2005-01 greater than 43, the Property Owner of the additional Affordable Units will be required to prepay the Special Tax Obligation on such Affordable Units prior to issuance of a Certificate of Occupancy.

  • This will apply notwithstanding the fact that a delay may have occurred on a portion of the Works on the critical path due to wet climatic conditions, which work was being executed outside the said normal hours with the permission of the Engineer, granted in terms of Subclause 31.1 of the Conditions of Contract.

  • Until the Special Tax Obligation for any such Public Property is prepaid, the property shall continue to be subject to the levy of the Special Tax as Provisional Taxable Property.

  • An owner of an Assessor's Parcel intending to prepay the Special Tax Obligation shall provide the CFD Administrator with written notice of intent to prepay and any fee required to calculate the prepayment.

  • The Special Tax Obligation for any property which would be classified as Public Property upon its transfer or dedication to a public agency but which is classified as Provisional Taxable Property pursuant to the first paragraph of Section 8 above shall be prepaid in full by the seller pursuant to Section VII, prior to the transfer/dedication of such property to such public agency.

  • Property owners may prepay and permanently satisfy the Special Tax Obligation by a cash settlement with the City as permitted under Government Code Section 53344.

  • During the fiscal year the State issued General Obligation and Special Tax Obligation bonds of $925.9 million at an average coupon interest rate of 4.95 percent to refund $909.3 million of General Obligation and Special Tax Obligation bonds with an average coupon interest rate of 5.02 percent.

  • Prepayment in Full Property owners may prepay and permanently satisfy the Special Tax Obligation by a cash settlement with the City as permitted under Government Code Section 53344.

  • The amount to prepay the Special Tax Obligation is equal to the sum of the amounts computed pursuant to paragraphs 4, 5, 7, 10, and 11, less the amounts computed pursuant to paragraphs 12 and 13 (the “Prepayment Amount”).

  • Debt RefundingsDuring the fiscal year the State issued General Obligation and Special Tax Obligation bonds of $626.7 million at an average coupon interest rate of 4.73 percent to advance refund $668.5 million of General Obligation and Special Tax Obligation bonds with an average coupon interest rate of 4.86 percent.


More Definitions of Special Tax Obligation

Special Tax Obligation means the total obligation of an Assessor’s Parcel of Developed Property to pay the Special Tax for the remaining term of the Special Tax applicable to such Assessor’s Parcel.
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Special Tax Obligation means the total obligation of an Assessor’s Parcel of Taxable Property to pay the Annual Special Tax for the remaining life of IA A of CFD No. 4.
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Special Tax Obligation means the total obligation of a Taxable Parcel to pay the Special Tax for the remaining life of the CFD.
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Special Tax Obligation means the total amount of Special Taxes which could be levied on an Assessor’s Parcel based on the Maximum Special Tax for the Assessor’s Parcel through the date of final maturity of the Outstanding Bonds.
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Related to Special Tax Obligation

  • Tax Obligations means taxes, withholding, certification and reporting requirements, claims for exemptions or refund, interest, penalties, additions to tax and other related expenses.

  • Special Tax means the special tax to be levied in each Fiscal Year on each Assessor’s Parcel of Taxable Property to fund the Special Tax Requirement.

  • Special Tax Requirement means that amount required in any Fiscal Year to: (i) pay debt service on all Outstanding Bonds; (ii) pay periodic costs on the Bonds, including but not limited to, credit enhancement and rebate payments on the Bonds; (iii) pay Administrative Expenses; (iv) pay any amounts required to establish or replenish any reserve funds for all Outstanding Bonds; (v) pay directly for the acquisition or construction of facilities authorized to be financed by IA No. 2 to the extent that inclusion of such amount does not increase the Special Tax levy on Undeveloped Property; and (vi) pay for reasonably anticipated Special Tax delinquencies based on the historical delinquency rate for IA No. 2 as determined by the CFD Administrator; less (vii) a credit for funds available to reduce the annual Special Tax levy, as determined by the CFD Administrator pursuant to the Indenture.

  • Actual Tax Liability means, with respect to any Taxable Year, the liability for Covered Taxes of the Corporation (a) appearing on Tax Returns of the Corporation for such Taxable Year and (b) if applicable, determined in accordance with a Determination (including interest imposed in respect thereof under applicable law).

  • Withholding Tax means any tax, deduction, levy or similar payment obligation that is required to be deducted or withheld from a payment under Applicable Law. Annex 1 – Data Processing

  • FATCA Withholding Tax means any required withholding or deduction of tax pursuant to FATCA.

  • Maximum Special Tax means the maximum Special Tax, determined in accordance with Section C below, that can be levied in any Fiscal Year on any Assessor’s Parcel.

  • Annual Special Tax means the Special Tax actually levied in any Fiscal Year on any Assessor’s Parcel.

  • Change in Tax Law means the enactment, promulgation, execution or ratification of, or any change in or amendment to, any law (or in the application or official interpretation of any law) that occurs on or after the date on which the relevant Transaction is entered into.

  • Swiss Withholding Tax means any withholding tax in accordance with the Swiss Federal Statute on Anticipatory Tax of 13 October 1965 (Bundesgesetz uber die Verrechnungssteuer) and any successor provision, as appropriate.

  • Backup Annual Special Tax means the Special Tax of that name described in Section E.