Major Improvement Area definition

Major Improvement Area means approximately 110.125 acres located within the District, and more specifically described in Exhibit D-3 and depicted on Exhibit A-3. The Major Improvement Area includes all of the District save and except Improvement Area #1.
Major Improvement Area means that portion of the District generally described in Section II of the Service and Assessment Plan and generally shown in Exhibit A-3 to the Service and Assessment Plan and as specifically described in Exhibit K-3 to the Service and Assessment Plan.
Major Improvement Area means approximately 383.102 acres located within the District, as shown on Exhibit B-4 and more specifically described in Exhibit A-4.

Examples of Major Improvement Area in a sentence

  • The principal and interest amounts are based on Phase #3B's proportionate share of the Series 2018 Major Improvement Area Bonds and will not be increased during the life of the bonds.

  • EXHIBIT C-1 – IMPROVEMENT AREA #1 ASSESSMENT ROLL 1 The Appraised Taxable Value for the entire District equals $88,830.00, which is allocated between the Improvement Area #1 Initial Parcel and the Major Improvement Area Initial Parcel based on acreage for the purpose of calculating the Annual Installment due 1/31/2021.

  • Such first Annual Installment for a Major Improvement Area Lot or Parcel for which collection has begun, shall be due by January 31st of the following calendar year.

  • Annual Budget for the Repayment of Indebtedness Debt service will be paid on the Major Improvement Area Refunding Bonds from the collection of the Annual Installments.

  • The Major Improvement Area Projects are allocated to each Parcel within the Major Improvement Area Assessed Property based on estimated Equivalent Units calculated using the average home price of each Lot Type.


More Definitions of Major Improvement Area

Major Improvement Area means the area in the District to be developed that is described by metes and bounds in Exhibit A-4 of the Service and Assessment Plan and generally depicted on the map in Exhibit B-4 to the Service and Assessment Plan.
Major Improvement Area means approximately 276.014 acres located within the District, and more specifically described in Exhibit C.
Major Improvement Area means the property within the District save and except for Phase #1, as further identified and depicted in Section III in the Service and Assessment Plan, which consists of the Future Phases.
Major Improvement Area means the all the property within the District, excluding Improvement Area #1, as depicted on the map on Exhibit C and as described by metes and bounds in Exhibit C‐1 consisting of approximately 230.6 acres within the District.
Major Improvement Area means approximately acres located within the District, and
Major Improvement Area or “MIA” means the property within the PID excluding Phase #1 which is to be developed subsequent to Phase #1 and generally depicted in Appendix A of this Service and Assessment Plan or any Annual Service Plan Update.
Major Improvement Area means approximately 543.153 acres located within the District, as shown on Exhibit N and more specifically described in Exhibit M-4.