Res20 15901 - Laserfiche WebLink

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10/26/2020 "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. "Service Special Tax for Levees" means the special tax levied against Seaport Centre Taxable Parcels and the Seaport Plaza Taxable Parcel, if applicable, to finance the costs and expenses of Services for Levees in accordance with Section 5 hereof. "Service Special Tax for Wet Utilities" means the special tax levied against Seaport Centre Taxable Parcels to finance the costs and expenses of Services for Wet Utilities in accordance with Section 5 hereof. "Special Tax" or "Special Taxes" means collectively, the Facilities Special Tax and the Services Special Tax. "Special Tax Report" means the annual report prepared by the City Manager pursuant to Section 5 hereof. "Tax Collection Schedule" means the document prepared by the City Manager pursuant to Section 5 hereof, and used by the Auditor in levying the Special Taxes on the County's secured property tax roll and collecting the Special Taxes each Fiscal Year. ATTY/RESO.0121/CC RESO REDWOOD CITY ROI ESTABLISH RESO. NO. 15901 REV: 11-02-2020 MI MUFF NO. 506 Page 12 of 22