Laserfiche WebLink
Association Property that are not exempt pursuant to Section E herein. <br />"Taxable Public Property" means all Taxable Property that is Public Property that are not exempt pursuant <br />to Section E herein. <br />"Taxable Welfare Exempt Property" means all Assessor's Parcels of Welfare Exempt Property that are <br />not exempt pursuant to Section E herein. <br />"Townhome Property" means Residential Property generally characterized as having a direct ground floor <br />private entry where living space occurs on multiple levels of roughly the same proportion and having at <br />least one vertical wall extending from ground to roof dividing it from the adjoining Dwelling Unit. <br />"Trustee" means the trustee or fiscal agent acting as such under the Indenture. <br />"Undeveloped Property" means, for each Fiscal Year, all Taxable Property not classified as Developed <br />Property, Final Map Property, Taxable Property Owner Association Property, Welfare Exempt Property, <br />or Taxable Public Property. <br />"Welfare Exempt Property" means all Taxable Property within the boundaries of CFD No. 2022-1 that <br />have been granted a welfare exemption by the County under subdivision (g) of Section 214 of the Revenue <br />and Taxation Code. <br />B. ASSIGNMENT TO LAND USE CATEGORIES <br />Each Fiscal Year, the CFD Administrator shall determine the valid Assessor's Parcel Numbers and <br />Leasehold Interests for all Taxable Property within CFD No. 2022-1. If any Assessor's Parcel Numbers are <br />no longer valid from the previous Fiscal Year, the CFD Administrator shall determine the new Assessor's <br />Parcel Number or Numbers that are in effect for the current Fiscal Year. To the extent an Assessor's <br />Parcel(s) of Taxable Property are subdivided, consolidated or otherwise reconfigured, the Special Tax rates <br />shall be assigned to the new Assessor's Parcel(s) pursuant to Section C. <br />Each Fiscal Year, all Assessor's Parcels and Leasehold Interests within CFD No. 2022-1 shall be classified as <br />follows: <br />1. Each Assessor's Parcel and Leasehold Interest shall be determined to be Taxable Property or Exempt <br />Property. <br />2. Each Taxable Property shall be assigned to a Tax Zone. <br />3. Each Taxable Property shall further be classified as Developed Property, Final Map Property, Taxable <br />Public Property, Taxable Property Owner Association Property, Taxable Welfare Exempt Property, or <br />Undeveloped Property. Taxable Property shall be subject to Special Taxes in accordance with this Rate <br />and Method of Apportionment of Special Taxes determined pursuant to Sections C and D below. <br />4. Each Taxable Property of Developed Property, Taxable Public Property and Taxable Welfare Exempt <br />Property shall further be classified as Single Family Residential Property, Apartment Property, <br />Townhome Property, Hotel Property, or Non -Residential Property. Single Family Residential Property <br />and Apartment Property shall further have Dwelling Units that are BMR Units identified. <br />C. MAXIMUM SPECIAL TAX RATES —TAX ZON <br />1. Developed Property and Final Map Property <br />City of San Leandro July 8, 2022 <br />CFD No. 2022-1 (Monarch Bay Shoreline Facilities & Services) Page B-6 <br />