AgdaPkt 2020-10-26 Joint SA PFA - Laserfiche WebLink

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7.A. - Page 29 of 176 prepare financial audits; prepare continuing disclosure by the City, if appropriate; costs incurred by the County in connection with the levy and collection of the Special Taxes; the costs of and any other costs required to administer the CFD or any bonds or other debt of the CFD. "Annual Facilities Special Tax Rate" means, in any given Fiscal Year, the annual rate per Building Square Foot that may be levied for Facilities Special Taxes on a Fully Taxable Parcel in accordance with Section 5 hereof. "Annual Service Special Tax Rate for Levees" means, in any given Fiscal Year, the annual rate per Lot Square Foot that may be levied for Service Special Taxes for Levees on Seaport Centre Taxable Parcels and the Seaport Plaza Taxable Parcel in accordance with Section 5 hereof. "Annual Service Special Tax Rate for Wet Utilities" means, in any given Fiscal Year, the annual rate per Lot Square Foot that may be levied for Service Special Taxes for Wet Utilities on Seaport Centre Taxable Parcels in accordance with Section 5 hereof. "Assessor" means the Assessor for the County or his or her designee. "Auditor" means the Auditor for the County or his or her designee. "Building Permit" means a permit issued by the City or other governmental agency for the construction of a residential or non-residential building on a Parcel. "Building Square Feet" or "Building Square Foot" means the building square feet of the non-residential building(s) allocated to a Taxable Parcel pursuant to Exhibit 1 hereto. The determination of such building square feet set forth on Exhibit 1 hereto shall not be subject to change after the CFD Formation Proceedings and shall therefore remain in effect until the termination of the Facilities Special Tax in accordance with Section 3 hereof . "CFD" means City of Redwood City Community Facilities District No. 2020-1 (Seaport Centre/Seaport Plaza). "CFD Advanced Costs" means the aggregate costs associated with the formation of the CFD and CFD Formation Proceedings. "CFD Formation Proceedings" means the proceedings to form the CFD, including all resolutions, ordinances, reports and notices. "CFD Law" means the City's Special Tax Financing Law (Chapter 32, Article XIII of the Redwood City Municipal Code). "Classification Date" means June 1, 2021 for Fiscal Year 2021-22, and for each Fiscal Year thereafter, each June 1 of the prior Fiscal Year. "City" means the City of Redwood City, California. ATTY/RESO.0121/CC RESO REDWOOD CITY ROI ESTABLISH REV: 10-21-2020 MI Page 11 of 26 211