Mill definition
Examples of Mill in a sentence
Property Owner is the owner of certain real estate that is identified in the Fairfax County Tax Administration records as Parcel Identification Number 0282 13 B (“Parcel”), which is approximately 2.0012 acres in size and considered part of ASH GROVE HISTORIC SITE PARK (“Park”) in the Hunter Mill District of Fairfax County.
Within three (3) business days of any monthly transfer involving revenues withheld pursuant to this provision, the District(s) withholding such revenues resulting from the Additional Mill Levy shall provide the remaining Districts with appropriate supporting documentation and calculation evidencing that only the amounts authorized to be withheld are being withheld.
The Districts further agree to impose such mill levy as is determined by the CAB to be sufficient to pay Actual Capital Costs and Actual Operations and Maintenance Costs (the “Required Mill Levy”).
Failure to timely provide the Mill Levy Notification or to act in accordance with the Mill Levy Notification shall be an immediate Event of Default.
The Mill Levy Notification submitted in a given year shall be binding upon the respective District submitting the Mill Levy Notification, and the parties hereto recognize that the CAB and each of the Districts are acting in reliance on such Mill Levy Notification and that to the extent any District acts in a manner contrary to a Mill Levy Notification confirming that it shall certify the required mill levies, substantial harm shall result to one or more of the other Districts and the CAB.