Base Municipal CVA Taxes definition

Base Municipal CVA Taxes means the amount calculated by multiplying the Current Value Assessment(s) ("CVA") applicable for the taxation year in which the Financial Incentive Agreement between the City and the Owner is signed, by the tax rate(s) applicable for those lands, for that taxation year. The Base Municipal CVA Taxes shall be fixed in this manner for the purposes of determining the Municipal Tax Increment, subject to any adjustment arising from assessment appeals or changes to CVA made by the Municipal Property Assessment Corporation ("MPAC") and shall remain unchanged for the duration of the term of the Tax Assistance.
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Base Municipal CVA Taxes means the amount calculated by multiplying the Current Value Assessment(s) ("CVA") applicable for the taxation year in which the Financial Incentive Agreement is signed, by the tax rate(s) applicable for the Property for that taxation year. The Base Municipal CVA Taxes shall be fixed in this manner for the purposes of determining the Municipal Tax Increment, subject to any adjustment arising
Sample 1Sample 2
Base Municipal CVA Taxes means the amount calculated by multiplying the Current Value Assessment(s) ("CVA") applicable for the taxation year in which the Financial
Sample 1

Examples of Base Municipal CVA Taxes in a sentence

  • Destination Municipal CVA Taxes (-) Base Municipal CVA Taxes The Municipal Tax Increment shall be calculated in the first year that the subject Assistance is provided, and shall remain subject to the provisions for adjustment as set out in the Financial Incentives Agreement.

  • Destination Municipal CVA Taxes ( - ) Base Municipal CVA Taxes In calculating the Tax Assistance available for Eligible Development, the Tax Increment shall be calculated in the first year that the subject Assistance is payable, and shall remain fixed for the duration of the Tax Assistance, subject to the provisions for adjustment as set out in the Financial Incentives Agreement.

  • The Base Municipal CVA Taxes shall be fixed in this manner for the purposes of determining the Municipal Tax Increment for the Eligible Development, subject to any adjustment arising from assessment appeals or changes to CVA made by the Municipal Property Assessment Corporation ("MPAC") through requests for reconsideration, equity changes or gross error, and shall remain unchanged for the duration of the term of the payment of Development Grants for the Eligible Development.

  • Destination Municipal CVA Taxes ( - ) Base Municipal CVA Taxes In calculating the Tax Assistance available for Eligible Development, the Municipal Tax Increment shall be calculated in the first year that the subject Assistance is payable, and shall remain fixed for the duration of the Development Period, subject to the provisions for adjustment as set out in the Financial Incentives Agreement.

  • All of the seven parts of the variable groups, including: 1) patient characteristics, 2) diagnosis, 3) adverse events, 4) detail of operation in surgical cases, 5) ICU intervention, 6) discharge, and 7) summarized report, were agreed upon as the preset criteria (Median >4 and IQR <2).

  • Destination Municipal CVA Taxes (-) Base Municipal CVA Taxes The Municipal Tax Increment shall be calculated in the first year that the Tax Assistance is provided, and shall remain fixed subject to the provisions for adjustment as set out in the Financial Incentives Agreement.

  • Base Municipal CVA Taxes means the amount calculated by multiplying the Current Value Assessment(s) (CVA) applicable for the taxation year in which the Financial Incentive Agreement between the City and the Owner is signed, for the Property upon which the Eligible Development is to be constructed, by the tax rate(s) applicable for both the municipal and education portions of the property tax for the Property, for that taxation year.

  • The Base Municipal CVA Taxes are fixed at the time the grant agreement is signed, and remain unchanged for the duration of the term of the agreement.

  • The Base Municipal CVA Taxes shall be fixed in this manner for the purposes of determining the Municipal Tax Increment, subject to any adjustment arising from assessment appeals or changes to CVA made by the Municipal Property Assessment Corporation ("MPAC") through requests for reconsideration, equity changes or gross error, and shall remain unchanged for the duration of the term of the Tax Assistance.

  • Destination Municipal CVA Taxes (-) Base Municipal CVA Taxes The Municipal Tax Increment shall remain subject to the provisions for adjustment as set out in the Financial Incentives Agreement.


More Definitions of Base Municipal CVA Taxes

Base Municipal CVA Taxes means the amount calculated by multiplying the Current Value Assessment(s) ("CVA") applicable for the taxation year in which the Financial Incentive Agreement between the City and the Owner is signed, by the tax rate(s) applicable for those lands, for that taxation year. The Base Municipal CVA Taxes shall
Sample 1
Base Municipal CVA Taxes means the amount calculated by multiplying the Current Value Assessment(s) ("CVA") applicable for the taxation year in which the Financial Incentive Agreement between the City and the Owner is signed, for the Property upon which the Eligible Development is to be constructed, by the tax rate(s) applicable for
Sample 1

Related to Base Municipal CVA Taxes

  • Incremental property taxes means the taxes as provided in Iowa Code sections 403.19 and 260E.4. “Industry” means a business engaged in interstate or intrastate commerce for the purpose of manufacturing, processing, or assembling products, conducting research and development, or providing services in interstate commerce, but excludes retail, health, or professional services. An industry is a business engaged in activities described as eligible in the Act rather than the generic definition encompassing all businesses in the state doing the same activities. An industry is considered to be a single, corporate entity or operating subdivision. An industry which closes or substantially reduces its operation in one area of the state of Iowa and relocates substantially the same operation in another area of the state is not eligible for a project. This definition does not prohibit a business from expanding its operations in another area of the state provided that existing operations of a similar nature are not

  • Connection Income Taxes means Other Connection Taxes that are imposed on or measured by net income (however denominated) or that are franchise Taxes or branch profits Taxes.

  • Tax Delinquency means an unpaid Federal tax liability that has been assessed, for which all judicial and administrative remedies have been exhausted, or have lapsed, and that is not being paid in a timely manner pursuant to an agreement with the authority responsible for collecting the tax liability.

  • Payroll Taxes means State Unemployment Insurance (SUI), Federal Unemployment Insurance (FUI), and payments pursuant to the Federal Insurance Contributions Act (FICA).