Abated Value definition

Abated Value means the Market Value of the Exempted Property for any given Tax Year that is exempt or abated under the CRA Abatement, multiplied by the Assessment Rate.
View Source
Abated Value means the value of the Improvements subject to taxation after the appraised value is reduced by the percentage of abatement each year during the term of the Abatement.
View Source
Abated Value means the assessed value of the Eligible Property as determined annually by the Williamson County Appraisal District on behalf of the County less the amount of the Base Year Value.
View Source

Examples of Abated Value in a sentence

  • The Abated Value, as determined in the base year by the FBCAD, of the Improvements shall be fully taxable.

  • Not later than March 31 of the sixth Exemption Year (the “Reconciliation Date”), the Developer shall determine if the actual Initial Value (including both the actual Abated Value and actual Non-Abated Value) for the first tax year for which the Project achieves Full Stabilization differs from the estimates reflected on Exhibit C.


More Definitions of Abated Value

Abated Value means $115,000,000 in residential assessed value of the Property that is expected to be abated under a City Community Reinvestment Area abatement for 15 years, which Abated Value will be adjusted annually by an assumed 1% appreciation rate.
View Source

Related to Abated Value

  • Allocated Value means, in respect of any particular asset of a Participating CCAA Party, the amount of the sale proceeds realized from such asset, net of costs allocated to such asset all pursuant to the Allocation Methodology and, in respect of any Secured Claim, the amount of such sale proceeds receivable on account of such Secured Claim after taking into account the priority of such Secured Claims relative to other creditors holding a Lien in such asset;

  • Estimated Value means the value of the Contract estimated under these Contract and Procurement Regulations.

  • Stated Value means $1,000 per share of Preferred Stock.

  • Adjusted Value as used in subdivision (d) means:

  • Discounted Value means, with respect to the Called Principal of any Note, the amount obtained by discounting all Remaining Scheduled Payments with respect to such Called Principal from their respective scheduled due dates to the Settlement Date with respect to such Called Principal, in accordance with accepted financial practice and at a discount factor (applied on the same periodic basis as that on which interest on the Notes is payable) equal to the Reinvestment Yield with respect to such Called Principal.