Mitigation Rate definition

Mitigation Rate means, for calculations of the Special Tax payable in the first Fiscal Year, with respect to Multifamily Residential Property, $2.42 per square foot of Assessable Space and, with respect to Single Family Residential Property, $4.15 per square foot of Assessable Space and, for calculations of the Special Tax payable in each Fiscal Year thereafter, such amounts increased each Fiscal Year by the Escalation Factor and otherwise adjusted as provided in Section (B) hereof.
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Mitigation Rate means, for calculations of the Special Tax payable in the first Fiscal Year, with respect to Multifamily Residential Property,
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Examples of Mitigation Rate in a sentence

  • The East ▇▇▇▇ Emergency Services District shall be authorized to bill and collect such costs on behalf of the Town of LaFayette in accordance with the East ▇▇▇▇ Emergency Service Mitigation Rate Schedule.

Related to Mitigation Rate

  • Termination Rate means a rate per annum equal to the arithmetic mean of the cost (without proof or evidence of any actual cost) to each party (as certified by such party) if it were to fund or of funding such amounts.

  • Inflation rate means that term as defined in section 34d.

  • Calculation Rate For each Distribution Date, in the case of the Class A and Class B Interests, the product of (i) 10 and (ii) the weighted average rate of the outstanding Class A and Class B Interests, treating each Class A Interest as capped at zero or reduced by a fixed percentage of 100% of the interest accruing on such Class.

  • Emission Rate for a given pollutant means the number of pounds of that pollutant emitted per million British thermal units of heat input (lb/mmBTU), measured in accordance with this Consent Decree.

  • Capitation rate means the fee the department pays monthly to an HMO for each enrolled recipient for the provision of covered medical and health services whether or not the enrolled recipient received services during the month for which the fee is intended.