AgdaPkt 2011-03-21 - Laserfiche WebLink

Browse Search

8.A Page 12 Exhibit C ATTACHMENT 1 "Future Excluded Property" means all property located within Lot 1 as depicted for both hotel and retail uses on One Marina Vesting Tentati��e Map approved by Redwood City Ptanning , Commissi�n on July 20, 2010. "Indenture" means the indenture, fiscal agent agreement, resolution or other instrument pursuant to which CFD No. 2010-1 Bonds are issued, as modified, amended and/or supplemented from time to time. "Land Use Class" means any of the cla�ses listed in Table 1 and Table 2, below. "Location'" means Marina Vie�v Property or Non-Marina Vie��r Property as defined in this Section A. "Marina Praperty" means all properry lncated within Lot 4 as depicted for existing preserved marina basin on One Marina VestinD Tentative Map approved by Redwood City Planning Commission on July 20, 2010. "Marina View Property" means ali Residential Property that have {i) front, rear, or side yard frontage along the Marina Property, or (ii) direct front door access to the Marina Praperty. "Maximum Special Tax" means the maximum Special Tax, determined in accorda►lce writh Section C herein, that can be levied in any Fiscal Year on any Assessor's Parcel of Taxable Property. "Non-Marina Viev�� Property" means all Residential Property that is not Marina View Property. "Non-Residential Propert,y" means all Assessor's Parcels of Developed Property for ��hich a building permit permitting the construction of ane or more non-residential units or facilities has been issued by the City. "One Time Special Tax" means a one-tirne special tax to be levied by the CFD Administrator on Public Property or Property Owner Association Property that is not exempted from the Special Tax under Section F herein, and is therefore required to prepay such Special Tax under Section F. The one-time special tax shall be equal to the Special Tax Prepayrnent Amount necessary to initigate the loss of special ta�. revenues from such excess Public Property or Property Owner Association Property, as calculated under Section J.s herein. "Outstanding Bonds" means al! CFD No. 2010-1 Bonds which are deemed to be autstanding under the Indenture. "Property U�vner Association Propert��" means, for each Fisca( Year, (i) any property within the baundaries of CFD Na 2010-1 f�r which the o��ner af record, as determined from the County Assessor's secured tax roll far the Fiscal Year in whic6 the Special Tax is beil�g levied, is a property otvner's association, includina any master or sub-association, (ii) any property located in a Final Subdivision that �vas recnrded as of the January 1 preceding the Fiscal Year in ��hich the Special Tax is being levied and which, as determined from such Final Subdivision, is or will be open space, a common area recreation faciiity, or a private street, or (iii} any property Cnnrmunit�� Facilities Disrrict No. 201 U-I Februnry 1 b, 201I Crh� �f Redwaod City� (O�:e R�arina) f' 4