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319 'rResolution of Issuance" means a resolution adopted by the City Council of the City, acting as the legislative body of the District, authorizing the issuance of the Bonds in accordance with the City of Santa Aha Special Tax Financing Improvement Code. "Special Tax" means any tax levied within the District under the City of Santa Ana Special Tax Financing Improvement Code pursuant to proceedings initiated by the Resolution of Intention. ~l?ax Rate" means, for Fiscal Year 1991-1992, $0.16 per Gross Square Foot. The Tax Rate shall be increased on a compound basis annually, in each Fiscal Year following Fiscal Year 1991-1992, by an amount equal to any increase in the Los Angeles-Long Beach Consumer Price Index for all urban consumers occurring in the calendar year which ends in the immediately preceding Fiscal Year; provided that no such annual increase shall be less than 2% nor greater than 7%. In the event that the Los Angeles-Long Beach Consumer Price Index ceases to be published, the Executive Director of Finance and Management Services shall select an index which, to the extent practicable, uses a similar basis of measurement in replacement thereof. 'Taxable Square Footage," for any Parcel, is the aggregate Gross Square Footage of all Buildings on that Parcel; provided that, with respect to any such Building, there shall be excluded: (i) 30% of the Gross Square Footage of such Building in the Fiscal Year which is one year aider the later of (x) Fiscal Year 1990-1991 or (y) the Fiscal Year preceding the first Fiscal Year in which any Special Tax is levied with respect to such Building; (ii) 20% of the Gross Square Footage of such Building in the Fiscal Year which is two years after the later of (x) Fiscal Year 1990-1991 or (y) the Fiscal Year preceding the Fiscal Year in which any Special Tax is first levied with respect to such Building; and (iii) 10% of the Gross Square Footage of such Building in the Fiscal Year which is three years after the later of (x) Fiscal Year 1990-1991 or (y) the Fiscal Year preceding the Fiscal Year in which any Special Tax is first levied with respect to such Building. 'Total Taxable Square Footage" means the aggregate Taxable Square Footage of all the Parcels in the District. APPEALS AND INTERPRETATION PROCEDURE Any owner of a Parcel who feels that the application of apportionment of the Special Tax to the property owned by such person is in error or presents undue hardship (such as in circumstances where a building is destroyed) may file a written notice of appeal with the City Executive Director of Finance and Management Services no later than May 1 of the Fiscal Year in which the levy occurred. The Executive Director of Finance and Management Services or his designee will promptly review the appeal, and, if necessary, meet with the applicant, and decide the merits of the appeal. If the findings of the Executive Director of Finance and Management Services or his designee verify that the Special Tax levied should be modified, the Special Tax levy for future Fiscal Years shall be corrected, and a credit against future Special Taxes shall be arranged, if applicable. Any overcharges shall be corrected solely by means of adjustments to future Special Tax levies; no cash refunds shall be made. The Executive Director of Finance and Management Services may promulgate regulations to clarify any vagueness or uncertainty as it relates to the Special Tax rate, the method of apportionment, the classification of properties, or any definition applicable to the Rate and Method of Apportionment of the Special Taxes. B-3