Assessed Parcel definition

Assessed Parcel means, in any Fiscal Year, any Taxable Parcel that meets all five of the following conditions: (i) there is a building on the Taxable Parcel for which a Certificate of Occupancy has been issued; (ii) based on all information available to the Administrator, the Baseline Assessed Value has been determined for the Taxable Parcel; (iii) ad valorem taxes have been levied on the Taxable Parcel based on the Baseline Assessed Value of the building; (iv) by the end of the prior Fiscal Year, at least one year of ad valorem taxes based upon the Baseline Assessed Value of the building have been paid; and (v) the Taxable Parcel does not have outstanding delinquencies in the payment of ad valorem property taxes or Special Taxes at the latest point at which the Administrator is able to receive delinquency information from the County prior to submitting the Development Special Tax levy in any Fiscal Year. Once a Taxable Parcel has been categorized as an Assessed Parcel, such Taxable Parcel shall be considered an Assessed Parcel in all future Fiscal Years in which there are no outstanding delinquencies for the Parcel, regardless of increases or decreases in assessed value.

Assessed Parcel means those parcels with one or more Dwelling Units which are specially benefitted by the provision of solid waste collection and disposal services and which are subject to the Solid Waste Assessments authorized by this Initial Resolution.

Assessed Parcel means each respective parcel of land located within Improvement Area #2 of the District against which an Assessment is levied by the Assessment Ordinance in accordance with the Service and Assessment Plan.

Examples of Assessed Parcel in a sentence

• The Administrator shall levy on the Leasehold Interest in each Assessed Parcel the Net Assessed Parcel Tax Levy for such Assessed Parcel.

• The Administrator shall promptly review the notice, and if necessary, meet with the Assessed Parcel owner, consider written and oral evidence regarding the alleged error and decide whether, in fact, such a calculation error occurred.

• The Administrator shall levy on Leasehold Interests in each Assessed Parcel the Net Assessed Parcel Tax Levy for such Assessed Parcel.

• If the total amount of Parcel Increment available is equal to or greater than the total aggregate Maximum Development Special Taxes for all Assessed Parcels, then the levy on each Assessed Parcel shall be zero ($0).

• Accordingly, when determining the levy of Development Special Taxes on Leasehold Interests in Assessed Parcels pursuant to Step 1 of Section F.1, the Delinquency Levy, if any, has already been applied and, therefore, the Administrator shall not levy any additionalDelinquency Levy on an Assessed Parcel that has its Development Special Tax levy reduced or eliminated by Parcel Increment.

More Definitions of Assessed Parcel

Assessed Parcel means, in any Fiscal Year, any Taxable Parcel that meets all five of the

Assessed Parcel means a parcel of property which is within the Assessment District and upon which is levied assessments or reassessments securing Local Obligations.

Assessed Parcel means each respective parcel of land located within the Assessed Phases within the District upon which an Assessment has been levied by an Assessment Order in accordance with the Service and Assessment Plans.

Assessed Parcel means a parcel of property which is within any Series 2015A District and upon which is levied assessments or reassessments securing Local Obligations.

Assessed Parcel means a parcel of land located within the Township Water Service Area that has been assessed for the purpose of constructing water system improvements.

Assessed Parcel means each parcel within the District upon which a Major Improvement Special Assessment has been levied by the Assessment Ordinance in accordance with the Service and Assessment Plan

Assessed Parcel means any Tax Parcel subject to the Assessment imposed hereunder.