Estimated Buildout Value definition
Estimated Buildout Value means the estimated buildout value of an Assessed Property at the time Assessments are levied, and shall be determined by the Administrator and confirmed by the City Council by considering such factors as density, lot size, proximity to amenities, view premiums, location, market conditions, historical sales, builder contracts, discussions with homebuilders, reports from third party consultants, or any other information that may impact value.
Estimated Buildout Value means the estimated buildout value of an Assessed Property, and shall be determined by the Administrator and confirmed by the City Council by considering such factors as density, lot size, proximity to amenities, view premiums, location, market conditions, historical sales, builder contracts, discussions with homebuilders, reports from third party consultants, or any other factors in the judgment of the City and the Administrator, that may impact value. The Estimated Buildout Value for a Lot will be calculated pursuant to Section VI.
Estimated Buildout Value means the estimated buildout value of an Assessed Property with fully constructed buildings, as provided by the Owner and confirmed by the City Council by considering such factors as density, lot size, proximity to amenities, view premiums, location, market conditions, historical sales, builder contracts, discussions with homebuilders, reports from third party consultants, or any other factors that, in the judgment of the City, may impact value. The Estimated Buildout Value for each Lot Type is shown on Exhibit H.
More Definitions of Estimated Buildout Value
Estimated Buildout Value means the estimated buildout value of an Assessed Property assuming construction of vertical improvements (homes, commercial buildings, etc.), and shall be determined by the Administrator and confirmed by the City Council by considering such factors as density, lot size, proximity to amenities, view premiums, location, market conditions, historical sales, builder contracts, discussions with homebuilders, reports from third party consultants, or any other information that may impact value.
Estimated Buildout Value means the estimated value of an Assessed Property with fully constructed buildings, as provided by the Owner, attached as Appendix A, and confirmed by the City Council. The Estimated Buildout Value is established by Exhibit H‐1 for all Lot Types and all improvement areas and will not change in Annual Service Plan Updates.