Revitalization Amount definition

Revitalization Amount means the municipal portion of property tax calculated in relation to the increase in the assessed value of improvements on the property resulting from the construction or alterations as outlined in section 6 of this bylaw;”
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Revitalization Amount means the municipal portion of property tax calculated in relation to the increase in the assessed value of improvements on the Parcel resulting from the construction of the Project as described in section 1;
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Examples of Revitalization Amount in a sentence

  • Purpose-Built Rental Housing Project, 100% of the Revitalization Amount attributed to Building Permit No between 20¬¬ (the calendar year before the commencement of construction of the project) and 20 (the calendar year in which the Revitalization Tax Exemption Certificate is issued).

  • For Purpose-Built Rental Housing Projects within the Core Area, Glenmore Valley Village Centre and University South Village Centre as defined by the OCP, 100% of the Revitalization Amount on the parcel, for projects that are subject to a Housing Agreement (for a minimum of 10 years) and where the proposed project is in compliance with the OCP Future Land Use designation at the time of Revitalization Tax Exemption application.

  • Purpose-Built Rental Housing Project, 100% of the Revitalization Amount attributed toBuilding Permit No between 20 (the calendar year before thecommencement of construction of the project) and 20 (the calendar year in which the Revitalization Tax Exemption Certificate is issued).

  • For “Tax Incentive Area 3,” 50% of the Revitalization Amount on a Parcel, for a project with a minimum floor area of 3,716 m2 (40,000 sq.

  • For “Tax Incentive Area 3,” 50% of the Residential portion of Revitalization Amount on the Parcel, for a project with a minimum floor area of 3,716 m2 (40,000 sq.

  • For “Tax Incentive Area 3”, 50% of Revitalization Amount on the parcel, for a project with a minimum floor area of 3,716 m2 (40,000 sq.

  • For questions specific to BCAP’s policy and provisions, please contact Kelly Novak:  Email Kelly.Novak@wdc.usda.gov and in the Subject Line type: BCAP 2012 Proposal;  Telephone (202) 720-4053; or Mail to:Kelly NovakBCAP Program Manager USDA/FSA/CEPD/STOP 05131400 Independence Ave., S.W. Washington, D.C. 20250-0513.

  • With all requirements met the property is qualified to receive 100% of the Revitalization Amount on the parcel.

  • For Purpose-Built Rental Housing Projects throughout the City, 100% of the Revitalization Amount on the Parcel where the project is subject to a Housing Agreement (for up to 10 years) and is in compliance with the OCP Future Land Use designation as at May 30, 2011.

  • With all requirements met, the subject property qualifies to receive 100% of the Revitalization Amount.

Related to Revitalization Amount

  • Capitalization Rate means 7.00%.

  • Broken Amount means, in respect of any Interest Payment Date, the amount specified in the relevant Final Terms.

  • Tax Limitation Amount means the maximum amount which may be placed as the Appraised Value on the Applicant’s Qualified Property for maintenance and operations tax assessment in each Tax Year of the Tax Limitation Period of this Agreement pursuant to Section 313.054 of the TEXAS TAX CODE.

  • Cash Contribution Amount means the aggregate amount of cash contributions made to the capital of the Company described in the definition of “Contribution Indebtedness.”

  • Market Capitalization means an amount equal to (i) the total number of issued and outstanding shares of common stock or common equity interests of the IPO Entity on the date of the declaration of the relevant dividend multiplied by (ii) the arithmetic mean of the closing prices per share of such common stock or common equity interests for the 30 consecutive trading days immediately preceding the date of declaration of such dividend.

  • Balance Amount shall have the meaning set forth in Section 8.1 of this Agreement.

  • Calculation Amount means the amount specified as such on the face of any Note, or if no such amount is so specified, the Denomination Amount of such Note as shown on the face thereof;

  • maximum council tax reduction amount means the amount determined in accordance with paragraph 29;