Community development charge definition

Community development charge means a dollar amount which shall be determined on the basis of the assessed valuation of real property or interests in real property in a new community district sold, leased, or otherwise conveyed by the developer or the new community authority, the income of the residents of such property subject to such charge under section 349.07 of the Revised Code, if such property is devoted to residential uses or to the profits of any business, a uniform fee on each parcel of such real property originally sold, leased, or otherwise conveyed by the developer or new community authority, or any combination of the foregoing bases.
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Community development charge meansa: 598
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Community development charge means: 122
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Examples of Community development charge in a sentence

  • The Community Development Charge does not begin to accrue and will not be assessed against a Chargeable Parcel until such time as that Chargeable Parcel is occupied or a certificate of occupancy has been issued for a structure constructed on that Chargeable Parcel.

  • Each Owner is and remains personally obligated for the payment of the Community Development Charge with respect to that Owner’s Chargeable Parcel, including any penalties and interest thereon, which is attributable to that Owner’s period of ownership.

  • Subject to waiver, reduction or termination of the Community Development Charge as provided in Sections 6.3 and 6.4, the amount of the annual Community Development Charge for each Chargeable Parcel is the product of (a) the Assessed Valuation for such Chargeable Parcel multiplied by (b) 0.004 (i.e. 4 xxxxx; the “Millage Rate”).

  • The Community Development Charge with respect to each Chargeable Parcel, including any penalty and interest thereon, constitutes a continuing lien in favor of the Community Authority on such Chargeable Parcel.

  • The Community Development Charge is a charge and lien on each Chargeable Parcel and is also the personal obligation of the Owner of each Chargeable Parcel, both to the extent and for the period provided in Article V.

  • The Private Developer anticipates that the costs of carrying out the New Community Development Program, including debt service on any New Community bonds, notes or loans authorized by the Community Authority under Chapter 349 and any other cost incurred by the Community Authority in the exercise of its powers under Chapter 349, will be covered in whole or in part by the payment of the Community Development Charge by each Owner of a Chargeable Parcel.

  • Upon the request of the Owner or any mortgagee or lessee of any Chargeable Parcel or any prospective purchaser, mortgagee or lessee thereof, the Board will furnish written evidence of the amount of the Community Development Charge with respect thereto for the current year and the amount of any unpaid Community Development Charge, including any penalty and interest for the current or any previous year.

  • There is hereby established for the benefit of the Community Authority, as a charge on each Chargeable Parcel, an annual Community Development Charge in an amount determined in accordance with Section 5.2. Such Community Development Charge must be paid to the Community Authority by the Owner of each such Chargeable Parcel in the manner provided in this Article.

  • The Board may hold a Fiscal Meeting to determine whether any of the Community Development Charge should be waived, reduced or terminated.

  • If any installment of such Community Development Charge has been paid before the date of such reduction, the sole procedure for refund is that the Board will credit the same against any other amounts due or to become due to the Community Authority with respect to the Chargeable Parcel.


More Definitions of Community development charge

Community development charge means the charge established in Articles IV and V, including all applicable penalties and interest pertaining to any unpaid amount.
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Community development charge means: 134
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Community development charge means: 1823
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Related to Community development charge

  • Development Area means that area to which a development plan is applicable.

  • Residential real property means real property improved by a one to four family dwelling used or occupied, or intended to be used or occupied, wholly or partly, as the home or residence of one or more persons, but shall not refer to (a) unimproved real property upon which such dwellings are to be constructed or (b) condominium units or cooperative apartments or (c) property on a homeowners’ association that is not owned in fee simple by the seller.

  • Rural area means any county with a population of fewer than twenty thousand individuals. "Small business concern," as used in this clause, means a concern, including its affiliates, that is

  • townsite in relation to the townsite to be established near the harbour means a townsite (whether or not constituted and defined under section 10 of the Land Act) primarily to facilitate the Company’s operations in and near the harbour and for employees of the Company and in relation to the mining areas means such a townsite or townsites or any other townsite or townsites which is or are established by the Company for the purposes of its operations and employees on or near the mining areas in lieu of a townsite constituted and defined under section 10 of the Land Act;

  • Residential real estate means any real property located in this state, upon which is constructed or intended to be constructed a dwelling;

  • Natural area means an area of the rural or non-urban environment which is in an unspoilt natural state or is of high scenic value, and includes, but is not limited to, national parks, game reserves, nature reserves, marine reserves, wilderness areas, areas of extensive agriculture and scenic areas;