Res00 13889 - Laserfiche WebLink

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such delinquent Special Taxes are shown on the secured property tax roll, as well as on the Parcel or Parcels to which applicable Parking Units have been assigned by the City, the Special Taxes on which have been billed directly by the CFD, and the CFD shall pursue such foreclosure remedies as are available to it under the indenture securing outstanding CFD bonds and the Act against both such Parcels. The payment of Special Taxes subject to an undivided levy on more than one Taxable Parcel shall be deemed satisfied on all Taxable Parcels subject to such undivided levy if paid on any one such Taxable Parcel. If the Commercial Square Feet is on the Building Parcel designated in the Development Agreement as: 1 2 3 4 5 6 10 Then the Parking Units associated with such Commercial Square Feet is on the Building Parcel designated in the Development Agreement as: Section 9. Application of Surplus Tax Revenues 1P 2P 3P 4P 5P 6P 10P Any amounts collected in excess of Annual Costs shall be applied as stipulated in the indenture securing outstanding bonds of the CFD. Section 10. Administrative Changes The City Manager has the authority to make necessary administrative adjustments to the Rate and Method of Apportionment in order to remedy any portions of this Rate and Method of Apportionment that require clarification, provided that no such adjustment shall result in a tax levy on any Taxable Parcel in excess of the Maximum Annual Special Tax Rate. Any taxpayer that believes that the amount of the Special Tax levied on a Parcel is in error may file a written notice with the City Manager appealing the Special Tax. Any such notice of appeal must be filed by January 1 of the Fiscal Year for which the Special Tax in question has been levied. The City Manager or his designee will then promptly review all such timely -filed appeals, and if necessary, meet with the appellant. If the findings of the City Manager verify that the Special Tax should be modified, a recommendation at that time will be made to the City Council and, as appropriate, the Special Tax shall be corrected and, if applicable, a credit shall be granted against future Special Taxes to be levied on such Parcel as provided for in Section 6 hereof. The City Manager, in his sole discretion, may review appeals filed after the January 1 deadline, regardless of the merit of any such appeals. Under no circumstances will the City be obligated to grant refunds of Special Taxes already levied. Interpretations may be made by resolution of the City Council for purposes of clarifying any vagueness or ambiguity as it relates to the Special Tax or the Maximum Annual Special Tax Aaoptlon Draft 4124100 C -10