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Inst 2000224637
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Inst 2000224637
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Last modified
9/13/2010 9:50:45 AM
Creation date
9/13/2010 9:50:44 AM
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CM City Clerk-City Council
Document Date (6)
7/17/2000
Recorded Document Type
_Other
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PERM
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Reso 2000-110
(Approved by)
Path:
\City Clerk\City Council\Resolutions\2000
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TABLE 1 <br /> Maximum Annual Special Tax for Developed Property <br /> Land Use <br /> Category Description Maximum Annual Maximum Annual <br /> Facilities Special Tax Services Special Tax <br /> 1 Single Family <br /> Dwelling Unit $1,560 / unit $45/ unit <br /> (adjusted annually to reflect <br /> changes in the CPI) <br /> 2 Dwelling Unit - <br /> Low /Moderate $1,245 /unit $45 /unit <br /> Income Housing (adjusted annually to reflect <br /> - - changes in the CPI) <br /> 2. Undeveloped Property and Property Owner Association Property <br /> The Maximum Annual Special Tax for each Assessor's Parcel classified as <br /> Undeveloped Property and Property Owner Association Property shall be the <br /> amounts shown in Table 2 following. In addition to the Maximum Annual Special <br /> Tax, Undeveloped property may also be subject to a Backup Special Tax in any <br /> given year. Therefor, the actual amount of Special Tax that may be levied in any <br /> given year on Undeveloped Property may be greater than the Maximum Annual <br /> Special Tax by the amount of the Backup Special due in that year. <br /> TABLE 2 <br /> • Maximum Annual Special Tax for Undeveloped Property and Property <br /> Owner Association Property <br /> Land Use <br /> Category Description Maximum Annual Maximum Annual <br /> Facilities Special Services Special <br /> Tax Tax <br /> 3 Undeveloped Property <br /> and Property Owner $12,880 /Acre $380/ Acre <br /> Association Property (adjusted annually to reflect <br /> • changes in the CPI) <br /> D. METHOD OF APPORTIONMENT OF THE FACILITIES SPECIAL TAX <br /> Commencing with Fiscal Year 2000 -2001 and for each following Fiscal Year thereafter as <br /> long as there are Outstanding Bonds, the CFD Administrator shall determine the Facilities <br /> Special Tax Requirement and shall levy the Facilities Special Tax until the amount of <br /> Facilities Special Taxes equals the Facilities Special Tax Requirement. The Facilities <br /> Special Tax shall be levied each Fiscal Year as follows: <br /> • City of San Leandro May 23, 2000 <br /> Community Facilities District No. l Page 5 <br />
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