Taxable Owners Association Property definition

Taxable Owners Association Property means, in any Fiscal Year after the First Bond Sale, any Parcel of Owners Association Property that satisfies all three of the following conditions: (i) the Parcel had not been Owners Association Property on the date of the First Bond Sale; (ii) based on reference to Attachments 1 and 2 (as may be updated pursuant to Section D below), the Parcel was not anticipated to be Owners Association Property as determined by the Administrator; and (iii) if the Parcel were to be exempt from the Special Tax because it is Owners Association Property, the Expected Maximum Special Tax Revenues would be reduced to a point at which Required Coverage could not be maintained.
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Taxable Owners Association Property means, in any Fiscal Year after the First Bond Sale, any Parcel of Owners Association Property that satisfies all three of the following conditions: (i) the Parcel had not been Owners Association Property on the date of the First Bond Sale; (ii) based on reference to Attachments 1 and 2 (as may be updated pursuant to Section D below), the Parcel was not anticipated to be Owners Association Property as determined by the Administrator; and
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Taxable Owners Association Property means, in any Fiscal Year after the First Bond Sale, any Parcel of Owners Association Property that satisfies all three of the following conditions: (i)
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Examples of Taxable Owners Association Property in a sentence

  • Owners Association Property, except Taxable Owners Association Property.

  • Step 4: If additional revenue is needed after Step 3, the Special Tax shall be levied Proportionately on each Parcel of Taxable Owners Association Property, up to 100% of the Maximum Special Tax for each Parcel of Taxable Owners Association Property until the amount levied is equal to the Special Tax Requirement.

  • The Maximum Special Tax for Undeveloped Property, Taxable Owners Association Property, and Taxable Public Property is $40,250 per Acre for Fiscal Year 2019-20, which amount shall increase on July 1, 2020, and each July 1 thereafter by an amount equal to 2.0% of the amount in effect for the prior Fiscal Year.

  • Step 5: If additional revenue is needed after Step 4, the Special Tax shall be levied Proportionately on each Parcel of Taxable Owners Association Property, up to 100% of the Maximum Special Tax for each Parcel of Taxable Owners Association Property until the amount levied is equal to the Special Tax Requirement.

  • The Maximum Special Tax for Undeveloped Property, Taxable Owners Association Property, and Taxable Public Property is $30,325 per Acre for Fiscal Year 2019-20, which amount shall increase on July 1, 2020, and each July 1 thereafter by an amount equal to 2.0% of the amount in effect for the prior Fiscal Year.

  • The Maximum Special Tax for Undeveloped Property, Taxable Owners Association Property, Taxable Public Property, and Taxable Welfare Exemption Property is $27,322 per Acre for Fiscal Year 2021-22, which amount shall increase on July 1, 2022, and each July 1 thereafter by an amount equal to 2.0% of the amount in effect for the prior Fiscal Year.

  • The Maximum Special Tax for Undeveloped Property, Taxable Owners Association Property, and Taxable Public Property is $12,347 per Acre for Fiscal Year 2019-20, which amount shall increase on July 1, 2020, and each July 1 thereafter by an amount equal to 2.0% of the amount in effect for the prior Fiscal Year.

  • The Maximum Special Tax for Undeveloped Property, Taxable Owners Association Property, and Taxable Public Property is $10,225 per Acre for Fiscal Year 2021/2022, which amount shall increase on July 1, 2022, and each July 1 thereafter by an amount equal to 2.0% of the amount in effect for the prior Fiscal Year.D. CHANGES TO THE MAXIMUM SPECIAL TAX1.

  • It exists in two forms:• Synchronous, where everyone interacts in real time, as in online meetings, through instant messaging, or via Skype, and• Asynchronous , where the interaction can be time-shifted, as when uploading documents or annotations to shared workspaces, or making contributions to a wiki.Shared workspaces are among the most visible entries in the collaboration space.

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More Definitions of Taxable Owners Association Property

Taxable Owners Association Property means, in any Fiscal Year after the First Bond Sale, any Parcel of Owners Association Property that satisfies all three of the following conditions: (i) the Parcel was not classified as Owners Association Property on the date of the First Bond Sale; (ii) the Parcel was not anticipated to be classified as Owners Association Property as determined by the Administrator; and the Parcel was not anticipated to be Owners Association Property on the date of the First Bond Sale as determined by the Administrator; and (iii) if the Parcel were to be exempt from the Special Tax, the Special Taxes levied pursuant to Section E of this RMA would not be sufficient to fund items (i) through (v) of the Special Tax Requirement.
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Taxable Owners Association Property means, in any Fiscal Year, any Parcel of Owners Association Property that satisfies both of the following conditions: (i) based on approved land use plans, the Parcel was not anticipated to be Owners Association Property, as determined by the County; and (ii) if the Parcel were to be exempt from the Special Tax because it is Owners Association Property, the County has determined that there would be a reduction in Special Tax revenues that would create a deficit in funding for Authorized Services.
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Taxable Owners Association Property means, in any Fiscal Year, all Acres of Owners Association Property that exceeds a total of 1,120 Acres of such property, with tax-exempt status assigned by the Administrator in chronological order based on the date on which Parcels are transferred to the Owners Association.
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Related to Taxable Owners Association Property

  • Property Owner Association Property means, for each Fiscal Year, any property within the boundaries of IA No. 1 that was owned by a property owner association, including any master or sub-association, as of January 1 of the prior Fiscal Year.

  • Owners Association means any association or organization created pursuant to the Owners’ Association Documents.

  • Association Property means that property, real and personal, which is owned or leased by, or is dedicated by a recorded plat to, the association for the use and benefit of its members.

  • Homeowners association means a person having the authority to enforce the provisions of a declaration.

  • Member Association means any national football association affiliated to FIFA, irrespective of whether its representative team is participating in the Competition.

  • Savings association means a Fed- eral savings and loan association or a Federal savings bank chartered under section 5 of the Home Owners’ Loan Act, a building and loan, savings and loan or homestead association or a co- operative bank (other than a coopera- tive bank described in 12 U.S.C. 1813(a)(2)) the deposits of which are in- sured by the Federal Deposit Insurance Corporation, and any corporation (other than a bank) the deposits of which are insured by the Federal De- posit Insurance Corporation that the Office of the Comptroller of the Cur- rency and the Federal Deposit Insur- ance Corporation jointly determine to be operating in substantially the same manner as a savings association, and shall include any savings bank or any cooperative bank which is deemed by the Office of the Comptroller of the Currency to be a savings association under 12 U.S.C. 1467a(1).

  • Business association means a nonpublic corporation, joint stock company, investment company, business trust, partnership, or association for business purposes of 2 or more individuals, whether or not for profit, including a banking organization, financial organization, insurance company, or utility.

  • Firearm trade association means any person, corporation, unincorporated association, federation, business league, or business organization that:

  • Master association means an organization that is authorized to exercise some or all of the powers of one or more associations on behalf of one or more common interest communities or for the benefit of the unit owners of one or more common interest communities.

  • Community land trust means an entity that meets the requirements of section 462A.31, subdivisions 1 and 2.

  • Community property means that property of a husband and wife

  • Cooperative association means any of the following:

  • Limited cooperative association means, with respect to a Wisconsin cooperative, a cooperative organized under ch. 193.

  • Common Property means any and all real and personal property and easements and other interests therein, together with the facilities and improvements located thereon, now or hereafter owned by the Association for the common use and enjoyment of the Owners.

  • Environmental Infrastructure System means the Environmental Infrastructure Facilities of the Borrower, including the Project, for which the Borrower is receiving the Loan.

  • Condominium Corporation means a condominium or strata corporation established under provincial legislation.

  • Environmental Problem Property A Mortgaged Property or REO Property that is in violation of any environmental law, rule or regulation.

  • Trade association means an entity recognized by the State in which the entity is doing business as a trade association and shall not include an organization that is formed for the purposes of providing insurance. “Transaction cutoff date” for weekly data reporting is 8 p.m. Central time on Friday of each week and for monthly data reporting is 8 p.m. Central time on Friday after the first Sunday of the month.

  • Association of unit owners means all of the unit owners:

  • Common Properties means and refer to those areas of land shown on any recorded subdivision plat of The Properties and intended to be devoted to the common use and enjoyment of the owners of The Properties.

  • Chesapeake Bay Preservation Act land-disturbing activity means a land-disturbing activity including clearing, grading, or excavation that results in a land disturbance equal to or greater than 2,500 square feet and less than one acre in all areas of jurisdictions designated as subject to the Chesapeake Bay Preservation Area Designation and Management Regulations (9VAC25-830) adopted pursuant to the Chesapeake Bay Preservation Act.

  • Condominium Property means the lands, leaseholds, and personal property that are subjected to condominium ownership, whether or not contiguous, and all improvements thereon and all easements and rights appurtenant thereto intended for use in connection with the condominium.

  • Federal Land Manager means, with respect to any lands in the United States, the Secretary of the department with authority over such lands.

  • Shopping Center means the Shopping Center identified on the initial page hereof.

  • Member insurer means any person who:

  • Cooperative Property The real property and improvements owned by the Cooperative Corporation, including the allocation of individual dwelling units to the holders of the Coop Shares of the Cooperative Corporation.