Public Facilities Requirements definition

Public Facilities Requirements means either $5,900,000 in 2001 dollars, which shall increase by three percent (3%) on January 1, 2002, and on each January 1 thereafter, or such lower number as shall be determined by the County as sufficient to fund public facilities to be provided by CFD No. 2001-1 under the authorized bonding program for CFD No. 2001-1.
Public Facilities Requirements means either $1.2 million in 2019 dollars, which shall increase on January 1, 2020, and on each January 1 thereafter by 2% of the amount in effect in the prior year, or such other number as shall be determined by CMFA as sufficient to fund improvements that are authorized to be funded by the CFD. The Public Facilities Requirements shown above may be adjusted each time property annexes into the CFD or there is an adjustment to the Expected Maximum Special Tax Revenues due to a Land Use Change; at no time shall the Public Facilities Requirement exceed the amount of public improvement costs that can be funded by the Expected Maximum Special Tax Revenues, as determined by the Administrator.
Public Facilities Requirements means either approximately $4,555,000 in 2013 dollars, which shall increase on January 1, 2014, and on each January 1 thereafter by the percentage increase, if any, in the construction cost index for the San Francisco region for the prior twelve (12) month period as published in the Engineering News-Record or other comparable source if the Engineering News-Record is discontinued or otherwise not available, or such other number as shall be determined by the City as sufficient to fund improvements that are authorized to be funded by Improvement Area No. 2 in CFD No. 2007-01.

Examples of Public Facilities Requirements in a sentence

  • It is my sincere hope that you can create a policy that helps the Board meet the Adequate Public Facilities Requirements for all of our current and future residents, including our students.

  • Pelham, Adequate Public Facilities Requirements: Reflections on Florida’s Concurrency System for Managing Growth, 19 Fla.

  • As a part of the Preliminary Plan of Subdivision review, staff will analyze the proposed development to ensure it meets the requirements of Prince George’s County’s Adequate Public Facilities Requirements (APF).

  • Pelham, Adequate Public Facilities Requirements: Reflections on Florida’s Concurrency System for ManagingGrowth, 19 Fla.

  • The applicant agrees to contribute to the financing of specific improvements in accordance with the CIP that will comply with Subsection A(1) above.Model: Charles County Adequate Public Facilities Requirements (Section 297-258 of the Charles County Code)This model has a number of features that might be considered in drafting an ordinance relating to public schools.


More Definitions of Public Facilities Requirements

Public Facilities Requirements means either $2.4 million in 2019 dollars, which shall increase on January 1, 2020, and on each January 1 thereafter by 2% of the amount in effect in the prior year, or such other number as shall be determined by CMFA as sufficient to fund improvements that are authorized to be funded by the CFD. The Public Facilities Requirements shown above may be adjusted each time property annexes into the CFD or
Public Facilities Requirements means either $60,000,000 in 2004 dollars, which shall increase on January 1, 2005, and on each January 1 thereafter by the percentage increase, if any, in the construction cost index for the San Francisco region for the prior twelve (12) month period as published in the Engineering News Record or other comparable source if the Engineering News Record is discontinued or otherwise not available, or such other number as shall be determined by the City to be an appropriate estimate of the net construction proceeds that will be generated from all Bonds that have been or are expected to be issued on behalf of CFD No. 1. The Public Facilities Requirements shown above may be adjusted or a separate Public Facilities Requirements identified each time property annexes into CFD No. 1; at no time shall the added Public Facilities Requirement for that annexation area exceed the amount of public improvement costs that are expected to be supportable by the Maximum Special Tax revenues generated within that annexation area.
Public Facilities Requirements means either $99,900,000 in 2006 dollars, which shall increase on January 1, 2007, and on each January 1 thereafter by the percentage increase, if any, in the construction cost index for the San Francisco region for the prior twelve (12) month period as published in the Engineering News Record or other comparable source if the Engineering News Record is discontinued or otherwise not available, or such other number as shall be determined by the City as sufficient to fund Authorized Facilities. The Public Facilities Requirements shown above shall be adjusted or a separate Public Facilities Requirements identified each time property annexes into CFD No. 2005-1; at no time shall the added Public Facilities Requirement for the annexation area exceed the amount of public improvement costs that are expected to be supportable by the Maximum Facilities Special Tax generated within that annexation area.
Public Facilities Requirements means either $51,000,000 in 2014 dollars, which shall increase on January 1, 2015, and on each January 1 thereafter by the percentage increase, if any, in the construction cost index for the San Francisco region for the prior twelve (12) month period as published in the Engineering News Record or other comparable source if the Engineering News Record is discontinued or otherwise not available, or such other number as shall be determined by the Agency to be an appropriate estimate of the net construction proceeds that will be generated from all Bonds that have been and are expected to be issued on behalf of CFD No. 7. The Public Facilities Requirements shown above may be increased if there is a substantial increase in the Maximum CFD Revenues due to a change in density on property within CFD No. 7. The adjusted Public Facilities Requirement shall be calculated by (i) dividing the increased Maximum CFD Revenues that can be collected after the change in density is approved by the Maximum CFD Revenues that were in place prior to the density change, and (ii) multiplying the quotient by the Public Facilities Requirement that was in place prior to approval of the change in density.
Public Facilities Requirements means either $2,400,000 in 2021 dollars, which shall increase on January 1, 2022, and on each January 1 thereafter by 2% of the amount in effect in the prior year, or such lower number as shall be determined by CMFA as sufficient to fund improvements that are authorized to be funded by the CFD.
Public Facilities Requirements means $12,100,000, or such other number as shall be determined by the City to be an appropriate estimate of the net construction proceeds that will be generated from all Bonds that have been or are expected to be issued on behalf of the CFD. The Public Facilities Requirements shown above may be adjusted or separate Public Facilities Requirements may be identified each time property annexes into the CFD; at no time shall the added Public Facilities Requirement for that annexation area exceed the amount of public improvement costs that are expected to be supportable by the Maximum Special Tax revenues generated within that annexation area.
Public Facilities Requirements means $3,500,000 or such other number as shall be determined by the County to be an appropriate estimate of the net construction proceeds that will be generated from all Bonds that have been or are expected to be issued on behalf of Improvement Area No. 1.