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prepayment amounts annually pursuant to Section 4.04(G) hereof; and (B) the comparable prepayment <br />amounts computed and revised for each Tax Parcel against which a special assessment has been imposed <br />to finance other Local Improvements, if any, funded from proceeds of the Obligations. <br />"Annual Debt Service Component": the amount computed for each Tax Parcel pursuant to <br />Section 4.04(B) hereof. <br />"Assessments": the Improvement Assessments. <br />"Benefit Unit": the standard unit to be used in calculating the relative amount of special benefit to <br />be derived from construction of the Summerset North Assessment Area as assigned to each platted lot <br />within the Summerset North Assessment Area pursuant to Section 3.02 hereof. <br />"Capital Cost": all of the expenses that are properly attributable to the design and construction of <br />the Summerset North Subdivision Wall and imposition of the Improvement Assessments under generally <br />accepted accounting principles; and including reimbursement to the City for any funds advanced for Capital <br />Cost and interest on any interfund or intrafund loan for such purposes. <br />"City": the City of Casselberry, Florida. <br />"City Attorney": the chief attorney of the City, or such person's designee. <br />"City Commission": the City Commission for the City. <br />"City Manager": the administrative and executive head of the City as set forth in Article V of the <br />City's Charter, or his or her designee. <br />"Debt Service Amount": the amount computed pursuant to Section 4.04(A) hereof. <br />"Final Resolution": the resolution described in Sections 3.06 and 4.06 of the Ordinance which <br />shall confirm, modify or repeal this Resolution and which shall be the final proceeding for the imposition of <br />the Improvement Assessments for the Summerset North Assessment Area. <br />"Fiscal Year": the period commencing on October 1 of each year and continuing through the next <br />succeeding September 30, or such other period as may be prescribed by law as the fiscal year for the City. <br />"Funding Agreement": the agreement pursuant to which the City agrees to deliver the <br />Obligations against payment therefore by the purchaser or underwriter of such Obligations. <br />Resolution No. 04-1511 <br />Page 4 of 23 <br />