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amounts referred to in clauses (ii) and (iii) of the preceding sentence may be reduced in <br /> any Fiscal Year by: (i) interest earnings on or surplus balances in funds and accounts for <br /> the Bonds to the extent that such earnings or balances are available to apply against debt <br /> service pursuant to the Indenture; (ii) proceeds received by the County for CFD No. 1- <br /> 2021 from the collection of penalties associated with delinquent Special Taxes; and (iii) <br /> any other revenues available to pay debt service on the Bonds as determined by the CFD <br /> Administrator. <br /> "Tax Zone 2" means the geographic area that was identified at CFD Formation by TMK <br /> Parcel 3-7-3-009-019, is designated in Attachment I of this RMA as Tax Zone 2, and is <br /> commonly referred to as Kaloko Heights Phase 2. <br /> "Tax Zone 2 Special Tax Requirement" means the amount necessary at any point in <br /> time to cure delinquencies in the payment of Special Taxes levied in Tax Zone 1 on Final <br /> Mapped Property and Undeveloped Property. <br /> "Trustee" means the trustee or fiscal agent under the Indenture. <br /> "Undeveloped Property" means, for each Fiscal Year, all Taxable Property not <br /> classified as Developed Property, Final Mapped Property, or Taxable Property Owner <br /> Association Property. <br /> "Unit" means an individual single-family detached or attached home, townhome, <br /> condominium, apartment, or other residential dwelling unit, including each separate <br /> living area within a half-plex, duplex, triplex, fourplex, or other residential structure. <br /> B. DATA FOR ADMINISTRATION OF THE SPECIAL TAX <br /> Each Fiscal Year, beginning with Fiscal Year 2021-22, all Taxable Property within CFD <br /> No. 1-2021 shall be assigned to Tax Zone I or Tax Zone 2 and, within each Tax Zone, <br /> shall be classified as Developed Property, Final Mapped Property, Undeveloped <br /> Property, or Taxable Property Owner Association Property, and shall be subject to <br /> Special Taxes in accordance with this RMA as determined pursuant to Sections C and D <br /> below. TMK Parcels of Developed Property within Tax Zone 1 shall be further classified <br /> as Single Family Detached Property, Single Family Attached Property, Other Residential <br /> Property, or Non-Residential Property. TMK Parcels of Single Family Detached <br /> Property shall be assigned to Land Use Classes I through 7, as listed in Table 1 below <br /> based on the Residential Floor Area of the Units on such TMK Parcels, and TMK Parcels <br /> of Single Family Attached Property shall be assigned to Land Use Class 8. Also, Other <br /> Residential Property shall be assigned to Land Use Class 9, and Non-Residential Property <br /> shall be assigned to Land Use Class 10. <br /> The Expected Maximum Special Tax Revenues shown in Attachment 2 were calculated <br /> based on the Expected Land Uses at the time of adoption of this RMA and are subject to <br /> modification upon the occurrence of Land Use Changes and prepayments, as described <br /> Hawai'i County CFD No. 1-2021 7 June 23,2021 <br />