Undeveloped Property definition

Undeveloped Property means all Assessor’s Parcels of Taxable Property which are not Developed Property.

Undeveloped Property means, for each Fiscal Year, all Taxable Property not classified as Developed Property or Other Taxable Property.

Undeveloped Property means, for each Fiscal Year, all Taxable Property not classified as Developed Property, Taxable Conservation Property, Taxable Property Owner Association Property, Taxable Public Property, or Taxable Religious Property.

Examples of Undeveloped Property in a sentence

• Developed Property is distinguished from Undeveloped Property by the issuance of a building permit.

• The Annual Special Tax obligation of an Assessor's Parcel of Developed Property; or an Assessor's Parcel of Undeveloped Property for which a Building Permit has been issued may be prepaid in full, provided that there are no delinquent Special Taxes, penalties, or interest charges outstanding with respect to such Assessor’s Parcel at the time the Annual Special Tax obligation would be prepaid.

• The Maximum Special Tax for any Assessor’s Parcel classified as Undeveloped Property in any Fiscal Year shall be the Assigned Annual Special Tax.

• The second step states that the special tax shall be levied against each parcel of Undeveloped Property at up to 100 percent of the maximum special tax.

• For a more detailed explanation of the methodology used to apportion the Annual Special Tax Requirement among Developed Property and Undeveloped Property, please see the RMA.

More Definitions of Undeveloped Property

Undeveloped Property means all Assessor's Parcels which are not Developed Property.

Undeveloped Property means, in any Fiscal Year, all Parcels of Taxable Property that are not Final Map Property, Developed Property, Taxable Owners Association Property, or Taxable Public Property, as defined herein.

Undeveloped Property means all Parcels of Taxable Property that are not Developed Property.

Undeveloped Property means all Assessor’s Parcels of Taxable Property which are not Developed Property, Approved Property or Provisional Undeveloped Property.

Undeveloped Property means, in any Fiscal Year, all Taxable Parcels that are not Developed Property, Vertical DDA Property, or Expected Taxable Property.

Undeveloped Property means, for each Fiscal Year, all Assessable Property not classified as Developed Property, such as vacant acreage or similar property use codes as determined by the CDD.

Undeveloped Property means at any time any vacant or undeveloped Property (or portion thereof that constitutes a separate and conveyable parcel, which may include a vacant building) for which there was no positive Modified Cash NOI for the most recently ended four fiscal quarters.