Successor Parcel definition

Successor Parcel means an Assessor’s Parcel of Taxable Property created by the subdivision or reconfiguration of an Original Parcel.
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Successor Parcel means a Parcel created by the Subdivision of an Original Parcel or a Successor Parcel.
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Successor Parcel means an Assessor’s Parcel created by the Subdivision of one or more Original Parcels or other Successor Parcels.
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Examples of Successor Parcel in a sentence

  • Step 7: Multiply the per-acre Maximum Special Tax from Step 6 by the Acreage in each Successor Parcel not included within the Final Map to calculate the Maximum Special Tax for each such Successor Parcel.

  • Step 4: Multiply the per-acre Maximum Special Tax from Step 3 by the Acreage in each Successor Parcel to calculate the Maximum Special Tax for each Successor Parcel.

  • For any Fiscal Year, each Assessor’s Parcel classified as a Successor Parcel shall be subject to the Special Tax.

  • If, after subdivision of an Original Parcel, a Successor Parcel is further subdivided, the Successor Parcel shall be treated as an Original Parcel for purposes of allocating Maximum Special Taxes pursuant to Section C.2a, C.2b, or C.2c, as appropriate.

  • Each Fiscal Year, beginning with Fiscal Year 2014-2015, each Assessor’s Parcel shall first be classified by the CFD Administrator as an Original Parcel or a Successor Parcel.

  • In addition, each such Fiscal Year, each Successor Parcel shall be further classified by the CFD Administrator as Taxable Property or Exempt Property.

  • If, after subdivision of a Large Lot, a Successor Parcel is further subdivided, the Successor Parcel shall be treated as an Original Parcel for purposes of allocating Maximum Special Taxes pursuant to Section C.3c, or C.3d, as appropriate.

  • When an Original Parcel changes, merges or subdivides, the Maximum Special Tax shall be apportioned to each Successor Parcel so that there is no net loss in aggregate Maximum Special Tax revenue for CFD 2016-1.

  • Once created, if a Successor Parcel further changes or subdivides, the steps shall be repeated to determine the Maximum Special Tax for each additional Successor Parcel created from the change or subdivision.

  • Update Parcel records showing new County Assessor’s Parcel numbers and number of EDUs assigned to each Successor Parcel.


More Definitions of Successor Parcel

Successor Parcel means an Assessor’s Parcel created by the Subdivision of one or more Original Parcels pursuant to Section 4 below.
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Successor Parcel means an Assessor’s Parcel located within the boundaries of CFD 2016-1 that is the result of a parcel change of an Original Parcel.
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Successor Parcel means a Parcel of Taxable Property created from subdivision or reconfiguration of an Original Parcel.
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Successor Parcel means an Assessor’s Parcel of Taxable Property created by the subdivision or reconfiguration of an Original Parcel on which construction of a residential or non-residential structure is permitted.
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Successor Parcel means a taxable Parcel created from an Original Parcel or another Successor Parcel by subdivision or lot line adjustment.
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Related to Successor Parcel

  • Successor Company shall have the meaning specified in Section 11.01(a).

  • Successor Person has the meaning assigned to such term in Section 6.03(b)(i).

  • Successor Rate means a successor to or replacement of the Original Reference Rate which is formally recommended by any Relevant Nominating Body.

  • Successor Entity means the Person (or, if so elected by the Holder, the Parent Entity) formed by, resulting from or surviving any Fundamental Transaction or the Person (or, if so elected by the Holder, the Parent Entity) with which such Fundamental Transaction shall have been entered into.

  • Successor personal representative means a personal representative, other than a special administrator, who is appointed to succeed a previously appointed personal representative.

  • Successor Corporation means a corporation, or a parent or subsidiary thereof within the meaning of Section 424(a) of the Code, which issues or assumes a stock option in a transaction to which Section 424(a) of the Code applies.

  • Successor Holdings has the meaning assigned to such term in Section 6.03(a)(v).

  • Predecessor Company means an entity or predecessor thereof, prior, in either case, to its becoming a Commonly Controlled Entity, or to its assets being acquired by a Commonly Controlled Entity, as determined by the Company.

  • Successor Issuer has the meaning assigned to it in Section 4.1(a).

  • Successor Landlord shall have the meaning given such term in Section 20.2.

  • Successor Index means any substitute index approved by the Calculation Agent as a Successor Index pursuant to Section 3 hereof.

  • Successor in Interest means any (i) shareholder of; (ii) trustee, custodian, receiver or other person acting in any Bankruptcy or reorganization proceeding with respect to; (iii) assignee for the benefit of the creditors of; (iv) officer, director or partner of; (v) trustee or receiver, or former officer, director or partner, or other fiduciary acting for or with respect to the dissolution, liquidation or termination of; or (vi) other executor, administrator, committee, legal representative or other successor or assign of, any Partner, whether by operation of law or otherwise.

  • Transferee Any Person who is acquiring by Transfer any Ownership Interest in a Certificate.

  • Successor Borrower has the meaning assigned to such term in Section 6.07(a).

  • Substitute Member means a Person who is admitted as a Member of the Company pursuant to Section 2.7 as a result of a Transfer of Shares to such Person.