Current Assessed Value definition

Current Assessed Value means the assessed value of the District certified by the municipal assessor as of April 1st of each year that the District remains in effect.
Current Assessed Value means the annual taxable assessed value of all real and tangible
Current Assessed Value means the then-current assessed value of all taxable real property constituting Developer’s Project within the Developer Property as determined by the City’s Assessor as of April 1st of each Tax Year during the term of this Agreement.

Examples of Current Assessed Value in a sentence

  • Increased Assessed Value means the valuation amount by which the Current Assessed Value of the District exceeds the Original Assessed Value of the District.

  • Current Assessed Value means the assessed value of the District certified by the municipal assessor as of April 1st of each year that the District remains in effect.

  • The “Captured Assessed Value” is the amount by which the Current Assessed Value exceeds the Initial Assessed Value in any one year.

  • For purposes of this Agreement, the Current Assessed Value specifically excludes the assessed value of any personal property now or hereafter located in the District.

  • The Current Assessed Value of each parcel of property within the Authority’s Development Area is its taxable value for that year.The amount by which the aggregate Current Assessed Value of all property within the development area exceeds the aggregate Initial Assessed Value of that in any one year is the “Captured Assessed Value” of the development area.


More Definitions of Current Assessed Value

Current Assessed Value means the then-current assessed real property value of the District as determined by the City Tax Assessor as of April 1 of each Tax Year that the District remains in effect.
Current Assessed Value means the annual taxable assessed value of all real and tangible personal property, excluding personal motor vehicles, having a tax situs within a development or redevelopment district as shown upon the landbook and personal property records of the assessor: Provided, That for any development or redevelopment district approved after the effective date of the amendments to this section enacted during the regular session of the Legislature in 2014, personal trailers, personal boats, personal campers, personal motor homes, personal ATVs and personal motorcycles having a tax situs within a development or redevelopment district are excluded from the current assessed value.
Current Assessed Value means the then current assessed value of the property located in the TIF District to be determined by the City Assessor as of April 1 of each year during the term of the District.
Current Assessed Value means the then-current assessed value of taxable real property located in the District as determined by the Town Tax Assessor as of April 1 of each Tax Year during the term of this Agreement.
Current Assessed Value means the annual assessed value of real estate or machinery and tools in a
Current Assessed Value means the assessed value of all taxable real property within a Tax Increment District as of October the first of each year that the Tax Increment District in effect.
Current Assessed Value means the then current assessed value of the Developer Property as determined by the Town Tax Assessor as of April 1 of each Tax Year during the term of this Agreement.