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

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7.A. - Page 33 of 176 Installment Payments levied and paid in prior Fiscal Years, and (ii) any Installment Payment Obligation Prepayment Amounts collected pursuant to Section 7 hereof. "RMA" means this Rate and Method and Apportionment of Special Taxes. "Repair and Replacement Plan" means, collectively, the Repair and Replacement Plan for Levees and the Repair and Replacement Plan for Wet Utilities. "Repair and Replacement Plan for Levees" means the report that describes the necessary and appropriate maintenance, capital repairs, and replacement of parts for the Levees over a five-year period, which is based on demonstrative data/evidence obtained by the City supporting such maintenance, capital repairs, and replacement of parts, which can include, among others, a Conditions Report for Levees. The Repair and Replacement Plan for Levees shall substantiate, among other things, the adequacy of the Maintenance Reserve for maintenance, capital repairs and replacement costs for the Levees for the next five -Fiscal Year period. "Repair and Replacement Plan for Wet Utilities" means the report that describes the necessary and appropriate maintenance, capital repairs, and replacement of parts for the Wet Utilities over a five-year period, which is based on demonstrative data/evidence obtained by the City supporting such maintenance, capital repairs, and replacement of parts, which can include, among others, a Conditions Report for Wet Utilities. The Repair and Replacement Plan for Wet Utilities shall substantiate, among other things, the adequacy of the Maintenance Reserve for maintenance, capital repairs and replacement costs for the Wet Utilities for the next five -Fiscal Year period. "Seaport Centre" means all property within the CFD comprised of the Seaport Centre Taxable Parcels. "Seaport Centre Taxable Parcels" means all Parcels classified as Taxable Parcels on Exhibit 1 hereto, except the Seaport Plaza Taxable Parcel, as such parcels may be later reconfigured and/or subdivided. "Seaport Plaza" means the property within the CFD comprised of the Seaport Plaza Taxable Parcel. "Seaport Plaza Taxable Parcel" means Parcel 054-320-540, or as such parcel may be later reconfigured and/or subdivided. "Services for Levees" means the costs and expenses of operating and maintaining the Existing Levees or the Levees, as applicable. "Services for Wet Utilities" means the costs and expenses of operating and maintaining the Wet Utilities. "Services Special Tax" means, collectively, the Service Special Tax for Levees and the Service Special Tax for Wet Utilities. ATTY/RESO.0121/CC RESO REDWOOD CITY ROI ESTABLISH REV: 10-21-2020 MI Page 15 of 26 215