Total Initial Equalized Assessed Value definition

Total Initial Equalized Assessed Value that amount certified by the County Assessor as the total equalized assessed value of all taxable real property within a Redevelopment Project Area, determined by adding together the most recently ascertained equalized assessed value of each taxable lot, block, tract or parcel of real property within such Redevelopment Project Area immediately after the Redevelopment Project Ordinance approving the Redevelopment Project Area was approved by the City Council.
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Total Initial Equalized Assessed Value means the total initial equalized assessed value of the taxable real property within the Redevelopment Project Area determined by the County Clerk in accordance with the provisions of Section 11-74.4-9 of the TIF Act.
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Total Initial Equalized Assessed Value means the total initial equalized assessed value of the taxable real property within the Coles Centre Hospitality Area as determined by the County Clerk of the County of Coles, Illinois, in accordance with the provisions of Section 11-74.4-9 of the TIF Act.
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Examples of Total Initial Equalized Assessed Value in a sentence

  • Immediately after the City Council approves any Redevelopment Project and adopts tax increment financing for such Redevelopment Project Area, the County Assessor shall certify the Total Initial Equalized Assessed Value of such Redevelopment Project Area.

  • According to the records of the County Assessor, the Total Initial Equalized Assessed Value of the Redevelopment Area in 2016 was $1,497,120.

  • Total Initial Equalized Assessed Value," that amount certified by the County Assessor as the total equalized assessed value of all taxable real property within a Redevelopment Project Area, determined by adding together the most recently ascertained equalized assessed value of each taxable lot, block, tract or parcel of real property within such Redevelopment Project Area immediately after a Redevelopment Project Ordinance approving the such Redevelopment Project Area has been approved by the City Council.


More Definitions of Total Initial Equalized Assessed Value

Total Initial Equalized Assessed Value means that amount certified by the County Assessor which equals the most recently ascertained equalized assessed value of each taxable lot, block, tract, or parcel of real property within the Redevelopment Project Area immediately after tax increment financing for the Redevelopment Project Area has been approved by the Board of Aldermen by an Ordinance.
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Total Initial Equalized Assessed Value means the total initial equalized assessed value of the taxable real property in the Redevelopment Project Area as certified by the County Clerk of The County of Cook, Illinois, pursuant to the TIF Act.
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Total Initial Equalized Assessed Value that amount certified by the Village Assessor which equals the most recently ascertained equalized land assessed value of each taxable lot, block, tract or parcel or real property within the Project Area more particularly described herein as of January 1, 2019.
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Related to Total Initial Equalized Assessed Value

  • Final Average Compensation means the aggregate amount of a member's compensation earned within the averaging period in which the aggregate amount of compensation was highest divided by the member's number of years, including any fraction of a year, of credited service during the averaging period. The averaging period shall be 36 consecutive calendar months if the member contributes to the member investment plan except for a member who contributes to the member investment plan and first became a member on or after July 1, 2010; otherwise, the averaging period shall be 60 consecutive calendar months. A member who contributes to the member investment plan and first became a member on or after July 1, 2010 shall also have an averaging period of 60 consecutive calendar months. If the member has less than 1 year of credited service in the averaging period, the number of consecutive calendar months in the averaging period shall be increased to the lowest number of consecutive calendar months that contains 1 year of credited service.