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by the City or designee thereof or both); the costs of collecting the Special Taxes (whether by the <br /> County or otherwise); the costs of remitting the Special Taxes to the Trustee; the costs of the <br /> Trustee (including its legal counsel) in the discharge of the duties required of it under the <br /> Indenture; the costs to the City, CFD No. 2010 -1 or any designee thereof of complying with <br /> arbitrage rebate requirements; the costs to the City, CFD No. 2010 -1 or any designee thereof of <br /> complying with City, CFD No. 2010 -1 or obligated persons disclosure requirements of applicable <br /> federal and state securities laws and the Act; the costs associated with preparing Special Tax <br /> disclosure statements and responding to public inquiries regarding the Special Taxes; the costs of <br /> the City, CFD No. 2010 -1 or any designee thereof related to an appeal of the Special Tax; the <br /> costs of the City, CFD No. 2010 -1, or any designee thereof related to the reduction of the <br /> Maximum Special Tax in accordance with Section C herein; the costs of the City, CFD No. <br /> 2010 -1, or any designee thereof related to the Buydown of Outstanding Bonds in accordance with <br /> Section D.4 herein; the costs associated with the release of funds from any escrow account; and <br /> the City' s annual administration fees, accounting fees and expenses, and third party expenses. <br /> Administrative Expenses shall also include amounts estimated or advanced by the City or CFD <br /> No. 2010 -1 for any other administrative purposes of CFD No. 2010 -1, including attorney's fees <br /> and other costs related to commencing and pursuing to completion any foreclosure as a result of <br /> delinquent Special Taxes. <br /> "Assessor's Parcel" means a lot or parcel to which an Assessor's parcel number is assigned as <br /> determined from an Assessor Parcel Map or the applicable assessment roll. <br /> "Assessor's Parcel Map" means an official map of the County Assessor of the County <br /> designating parcels by Assessor's Parcel number. <br /> "Authorized Facilities" means those facilities eligible to be funded by CFD No. 2010 -1, as <br /> defined in the Acquisition Agreement. <br /> ` Buydown of Outstanding Bonds" means a mandatory buydown of Outstanding Bonds made <br /> by a property owner to reduce the amount of Outstanding Bonds to compensate for a loss of <br /> Special Tax revenues resulting from the construction of fewer residential dwelling units, smaller <br /> residential dwelling units, a modification to the type and/or Location of residential dwelling <br /> units, or a modified amount of non - residential Acreage, as determined in accordance with <br /> Section D herein. <br /> "Below Market Rate Unit(s)" means up to 32 residential dwelling units located on one or more <br /> Assessor' s Parcels of Residential Property that are subject to deed restrictions, resale restrictions, <br /> and/or regulatory agreements recorded in favor of the City providing for affordable housing (the <br /> "Deed Restrictions "), and for which building permits were issued on or before May 1 of the <br /> Fiscal Year preceding the Fiscal Year for which the Special Taxes are being levied. In order to <br /> ensure that a residential dwelling unit is correctly classified as a Below Market Rate Unit for the <br /> current Fiscal Year, the owner of such property shall, prior to May 1 of the previous Fiscal Year, <br /> provide the CFD Administrator with a recorded copy of any applicable Deed Restrictions. In <br /> cases where such building permits were issued on or before May 1 of the Fiscal Year preceding <br /> the Fiscal Year for which the Special Tax is being levied, and for which the owner of such <br /> B -2 <br /> 302108_1.doc <br />