Examples of Special Taxes in a sentence
Xxxxxxxx, pursuant to the written request of the Property Owners, initiated proceedings pursuant to the Act for the formation of the CFD, the authorization of the Special Taxes within the CFD and the authorization of Bonds on behalf of the CFD, with the qualified electors approving the levy of the Special Taxes and the sale of the Bonds.
Perris shall have no obligation, responsibility, or authority with respect to the issuance and sale of the Bonds, the Bond Proceeds available to finance the construction of PUHSD Facilities, the payment of the principal and interest on the Bonds, or for the levy of the Special Taxes to provide for the payment of principal and interest thereon.
The purpose of this Agreement is to provide a mechanism by which the CFD may levy Special Taxes and issue Bonds to provide a source of funds to finance PUHSD Facilities in lieu of CFD No. 91-1 Prepayments, or upon receipt of a credit for such CFD No. 91-1 Prepayments, such CFD No. 91-1 Prepayments agreed upon in lieu of School Fees.