Base Special Tax definition

Base Special Tax means, for any Land Use Category, the applicable Special Tax initially identified in Table 1 of Section C, as may be adjusted pursuant to Section D.

Base Special Tax means, for Residential Units within each Village and for Other Property, the applicable Special Tax initially identified in Table 1 in Section C, as may be adjusted pursuant to Section D.

Base Special Tax means, collectively, the Base Development Special Tax, the Base Office Special Tax, the Base Shoreline Special Tax, and the Base Contingent Services Special Tax.

Examples of Base Special Tax in a sentence

• Compute the amount that could be collected from the Parcel prepaying the Special Tax in the Fiscal Year in which prepayment would be received by CMFA by applying the Base Special Tax to the Expected Land Uses for the Parcel.

• The Maximum Special Tax for each such Parcel shall be determined based on the applicable Base Special Tax for the Parcel, as determined by the Administrator.

• If there is a reduction that would reduce debt service coverage below the Required Coverage, and no prepayment has been received, then the Base Special Tax used to determine the Maximum Special Tax for each Parcel of Taxable Property in the areas affected by the Land Use Changes shall be increased proportionately until the aggregate amount that can be levied within such areas is equal to the amount that could have been levied prior to the proposed Land Use Changes.

• The Maximum Special Tax for a Parcel of Developed Property is the greater of: (i) the Base Special Tax set forth in Table 1 below, or (ii) the Maximum Special Tax determined pursuant to Section D.

• Based on this comparison: 4a: If the amount from Step 3 is equal to or greater than the Maximum Special Tax that applied to the Parcel that was subdivided orreconfigured, the new Maximum Special Tax shall be the Base Special Tax for each Residential Unit and the Base Non- Residential Special Tax for each non-residential Square Foot.

More Definitions of Base Special Tax

Base Special Tax means the rates set forth in Section C.2.a below.

Base Special Tax means, collectively, the Base Facilities Special Tax and Base Services Special Tax.

Base Special Tax means the Special Tax that is levied on property on a per-Residential Unit basis and, when combined with the Incremental Special Tax, makes up the Designated Special Tax for a Residential Unit, as identified in Section C.2.a below.

Base Special Tax means the Special Tax per square foot that is used to calculate the Maximum Special Tax that applies to a Taxable Parcel pursuant to Sections C.1 and C.2 of this RMA. The Base Special Tax shall also be used to determine the Maximum Special Tax for any Net New Square Footage added to a Taxable Building in the CFD in future Fiscal Years.

Base Special Tax means, for any Land Use Category, the applicable Special Tax initially identified in Table 1 of Section C.

Base Special Tax means the applicable Special Tax initially identified in Table 1 or Table 2 of Section C, as may be adjusted pursuant to Sections D or H.

Base Special Tax means, for any Land Use Category, the applicable Special Tax initially identified in Table 1 in Section C, as may be adjusted pursuant to Section D or H herein.