drft Community Authority Hart-13
ARTICLE VI
PROCEDURE FOR W AIVEa, REDUCTION OR TERMINATION
OF THE COMMUNITY DEVELOPMENT CHARGE
6.01. Fiscal Meetint!. Annually, the Board shall hold a Fiscal Meeting to detennine
whether any of the Community Development Charge should be waived, reduced or tenninated.
Any Fiscal Meeting shall be held on such date as the Board shall detennine. Each Fiscal Meeting
shall be open to the public, and the Board shall take no action to waive, reduce or tenninate the
. . Community Development Charge except at a Fiscal Meeting.
6.02. Notice of Fiscal Meetint!. Notice of the Fiscal Meeting shall be given by the
Board in compliance with Section 121.22 of the Ohio Revised Code and shall also be provided to
the Superintendent of the School District at least five (5) days prior to such meeting. Such notice
shall specify the place, date and hour of the Fiscal Meeting and state that it is the Fiscal Meeting
required by this Article VI.
.'
6.03. Waiver. Reduction or Termination. At any Fiscal Meeting, the Board may
waive, reduce or tenninate all or a portion of the Community Development Charge for one or more
years or to a stated date. The reduction or waiver of a portion of the Community Development
Charge authorized by this Section 6.03 may include but is not limited to an additional reduction or
waiver, separate and distinct from any other reduction or waiver, for the early payment of the
Community Development Charge by an Owner.
The Board shall have no right to increase the Community Development Charge millage
rate established under Section 5.02 or extend the time period for the imposition of the Community
Development Charge under Section 5.01.
Except as 0 therwise provided in this Declaration: (a) e very action taken by the Board
pursuant to this Article shall be governed by, and taken with reference to, the fiscal requirements
of the Community Authority for the year for which the Community Development Charge is to be
collected as reflected in the budget for that year adopted by the Board, which budget may provide
for reasonable reserves and the development of funds for future uses and contingencies; and
(b) any action by the Board relating to the waiver, reduction or tennination of any of the
Community Development Charge shall be taken only after (i) the Board has detennined that the
Community Development Charge to be waived, reduced or tenninated is not needed for any of the
purposes for which t he Community Development Charge has been established ass et forth in
Section 4.02, and (ii) the School District Board of Education has provided its written consent for
such waiver, reduction or termination. Notwithstanding any other provision of the Declaration if a
Chargeable Parcel is removed form the School District, the Community Development Charge shall
permanently terminate as to the Chargeable Parcel immediately on the date that such Chargeable
Parcel has been removed from the School District.
6.04. Discretion of the Board. Subject to the provisions of this Declaration and all
applicable provisions of valid agreements of the Community Authority, the decision to waive,
reduce or terminate the Community Development Charge as provided herein shall be solely within
the discretion of the Board.
- 10-
By Webmaster III
ARTICLE VI
PROCEDURE FOR W AIVEa, REDUCTION OR TERMINATION
OF THE COMMUNITY DEVELOPMENT CHARGE
6.01. Fiscal Meetint!. Annually, the Board shall hold a Fiscal Meeting to detennine
whether any of the Community Development Charge should be waived, reduced or tenninated.
Any Fiscal Meeting shall be held on such date as the Board shall detennine. Each Fiscal Meeting
shall be open to the public, and the Board shall take no action to waive, reduce or tenninate the
. . Community Development Charge except at a Fiscal Meeting.
6.02. Notice of Fiscal Meetint!. Notice of the Fiscal Meeting shall be given by the
Board in compliance with Section 121.22 of the Ohio Revised Code and shall also be provided to
the Superintendent of the School District at least five (5) days prior to such meeting. Such notice
shall specify the place, date and hour of the Fiscal Meeting and state that it is the Fiscal Meeting
required by this Article VI.
.'
6.03. Waiver. Reduction or Termination. At any Fiscal Meeting, the Board may
waive, reduce or tenninate all or a portion of the Community Development Charge for one or more
years or to a stated date. The reduction or waiver of a portion of the Community Development
Charge authorized by this Section 6.03 may include but is not limited to an additional reduction or
waiver, separate and distinct from any other reduction or waiver, for the early payment of the
Community Development Charge by an Owner.
The Board shall have no right to increase the Community Development Charge millage
rate established under Section 5.02 or extend the time period for the imposition of the Community
Development Charge under Section 5.01.
Except as 0 therwise provided in this Declaration: (a) e very action taken by the Board
pursuant to this Article shall be governed by, and taken with reference to, the fiscal requirements
of the Community Authority for the year for which the Community Development Charge is to be
collected as reflected in the budget for that year adopted by the Board, which budget may provide
for reasonable reserves and the development of funds for future uses and contingencies; and
(b) any action by the Board relating to the waiver, reduction or tennination of any of the
Community Development Charge shall be taken only after (i) the Board has detennined that the
Community Development Charge to be waived, reduced or tenninated is not needed for any of the
purposes for which t he Community Development Charge has been established ass et forth in
Section 4.02, and (ii) the School District Board of Education has provided its written consent for
such waiver, reduction or termination. Notwithstanding any other provision of the Declaration if a
Chargeable Parcel is removed form the School District, the Community Development Charge shall
permanently terminate as to the Chargeable Parcel immediately on the date that such Chargeable
Parcel has been removed from the School District.
6.04. Discretion of the Board. Subject to the provisions of this Declaration and all
applicable provisions of valid agreements of the Community Authority, the decision to waive,
reduce or terminate the Community Development Charge as provided herein shall be solely within
the discretion of the Board.
- 10-
By Webmaster III