Common use of Formation of the CFD Clause in Contracts

Formation of the CFD. ▇▇▇▇▇▇▇▇, pursuant to the written request of the Property Owner, initiated proceedings pursuant to the Act for the formation of the CFD, the authorization of the Special Taxes within the CFD and the authorization of Bonds on behalf of the CFD, with the qualified electors approving the levy of the Special Taxes and the sale of the Bonds.

Formation of the CFD. ▇▇▇▇▇▇▇▇, pursuant to the written request of the Property OwnerOwners, initiated proceedings pursuant to the Act for the formation of the CFD, the authorization of the Special Taxes within the CFD and the authorization of Bonds on behalf of the CFD, with the qualified electors approving the levy of the Special Taxes and the sale of the Bonds.