Res20 15915 - Laserfiche WebLink

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11/23/2020 "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. "Taxable Parcel" means, initially, those parcels identified with Assessor's parcel numbers in Exhibit 1 hereto as taxable parcels, and subsequently, (i) any parcels into which such initial Taxable Parcels may be reconfigured and/or subdivided, (ii) any Public Parcel that is leased by a public agency to a private entity and subject to taxation under Section 53340.1 of the Act, and/or acquired by a private entity, and (iii) any Initial Non -Taxable Parcel for which a Building Permit was issued after January 1, 2020, and on or before June 1 of the Fiscal Year preceding the Fiscal Year for which the Special Taxes are being levied, for either such Initial Non -Taxable Parcel or an adjacent Taxable Parcel if the Initial Non -Taxable Parcel is the basis for the increase in FAR for construction on the adjacent Taxable Parcel. "Tax -Exempt Parcel" means any Parcel that is a Public Parcel. However, Taxable Parcels that are acquired by a public entity after the CFD Formation Proceedings shall remain subject to the applicable Special Tax, except as provided in Section 53317.3 of the Act. "Wet Utilities" means the Storm Drain Systems Improvements, Water Facilities and Sanitary Sewer Facilities, as each term is defined in the CFD Formation Proceedings, existing in and for Seaport Centre. SECTION 2 DETERMINATION AND CLASSIFICATION OF PARCELS SUBJECT TO SPECIAL TAX Special Taxes shall be levied only on Taxable Parcels. The amount of the Special Tax for each Taxable Parcel shall be determined in accordance with the provisions of Section 5 hereof. Each Taxable Parcel's Special Taxes for the next Fiscal Year shall be levied against such Parcel's Assessor's parcel number as it was shown on the County Assessor's records of Parcels in the CFD as of the prior January 1 lien date, or such other lien date established by the County Assessor. The City Manager shall confirm that there are no changes to the classification of the Taxable Parcels as identified on Exhibit 1 hereto. Parcels shall be classified as of their status applicable in the next Fiscal Year on each Classification Date. The City Manager shall use the County's assessment roll, land use codes and plot map books maintained by the Assessor, in combination with official records maintained by the City regarding the prepayment of the Facilities Special Taxes, recorded final maps, building permits issued, and other changes in parcel status, as the basis for confirming and/or reclassifying the Parcels in the CFD. Facilities Special Tax: -7- RESO. NO. 15915 MUFF NO. 506