Examples of Land Use Class in a sentence
This total assessed value shall then be divided by the number of residential units in such Land Use Class in such Zone to produce an average assessed value per residential unit.
No Special Tax shall be levied on Undeveloped Property, Non-Residential Property, Public Property, Property Owner Association Property or Residential Property assigned to Land Use Class 4.
The Maximum Special Taxes for Residential Property are shown below in Table 1, based on the Land Use Class in which such Residential Property has been assigned.
The District’s Special Tax Consultant shall then calculate the total tax burden on a residential unit in such Land Use Class in such Zone based on the actual taxes and assessments levied in the current fiscal year.
In the event that the total tax burden on residential units in each Land Use Class in each Zone is not greater than 2% of the assessed value determined as set forth above, then the County shall provide a notice to the Company and the Water District that the amount deposited under the Tri-Party Agreement is no longer needed to subsidize the tax rate in Improvement District 4 and Improvement District 4C.