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.