Operations and Maintenance Assessment definition
Operations and Maintenance Assessment means an assessment levied annually against a Parcel within the District and imposed pursuant to an O&M Assessment Ordinance to fund the Operation and Maintenance Costs.
Operations and Maintenance Assessment means a separate Assessment levied against a Parcel and imposed pursuant to an Assessment Ordinance, which pays for the City’s operation and maintenance of the Authorized Improvements, as shown on an Assessment Roll in the Operations and Maintenance Service and Assessment Plan.
Examples of Operations and Maintenance Assessment in a sentence
The percentage of the Operations and Maintenance Assessment on the Offsite Stormwater Retention Area allocable to the Office Parcel is hereby agreed to be 11.5241% of the total Operation and Maintenance Assessments imposed upon all real property subject thereto.