Estimated assessment definition
Estimated assessment means, with respect to each property to be assessed in connection with a local improvement, the total assessment that, at the time of giving notice of the assessment and the right to object or remonstrate, the city estimates will be levied against the property following completion of the local improvements. The estimate shall be based on the city’s estimate at the time of the actual costs of the local improvement and the proposed formula for apportioning the actual costs to the property. Estimated assessment shall be determined by:
Estimated assessment means an estimated assessment made by the Authority under Article 26 of this Proclamation;
Examples of Estimated assessment in a sentence
LANDSCAPE MAINTENANCE DISTRICT FEES(CFD-2) 18 Lots(anticipated maintenance cost) @ $31.46 per Lot $566.28 F7Lots(Incidental expenses:legal fees, per Lot publications,mailings,engineering, ($1,500 ,aassessment district proceedings @ $0.00 min) $1 500.00 ▇▇▇ Sum Landscape area Field Inspection Fee-Parks @ $305.00 LS $305.00 Total $2 371.28 $2 371.28 $41.46 Estimated assessment per Lot(information only) 7.