Certified Appraised Value definition
Examples of Certified Appraised Value in a sentence
This Agreement is therefore based upon an Initial Certified Appraised Value of sixty-seven million six hundred thousand dollars ($67,600,000.00) at the Nameplate Capacity set forth herein, but the parties recognize that the actual determination of the Initial Certified Appraised Value will depend upon appraisal by the Cochran County Appraisal District after completion of the Project and delivery of the Certificate, and may be more than or less than the amount stated herein.
The percentage of property taxes set forth in Section IV(B)(1) above on the Certified Appraised Value of all Improvements described in the Certificate (and actually in place on the Site) is abated in the respective period designated in Section IV(B)(1) above.
The percentage of property taxes set forth in Section IV(B)(1) above on the Certified Appraised Value of any and all otherwise taxable personal property owned by Owner and located on the Site is abated in the respective period designated in Section IV(B)(1) above.