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.

Examples of Undeveloped Property in a sentence

  • Each RMA will provide for: (i) backup Project Special Tax rates that will be applied to each Taxable Parcel in a tract map, improvement area, tax zone, condominium plan, or other identifiable area on Developed Property (each a “Backup Project Special Tax Rate”); and (ii) maximum Project Special Tax rates on Developed Property and Undeveloped Property (each a “Maximum Project Special Tax Rate”).

  • Each RMA will provide for the taxation of Developed Property and Undeveloped Property.


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, 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.
Undeveloped Property means, in any Fiscal Year, all Parcels of Taxable Property within the CFD that are not Developed Property.