Assessed value definition
Examples of Assessed value in a sentence
Alternatively, the Real Estate Tax Base may be an amount negotiated by the parties that reflects an agreed upon base for a Fully Assessed value of the Property.
The parties further acknowledge and agree that the Agency has been notified by the Company that the costs of the Project increased resulting in a revised estimated total project cost of $5,925,000 which most likely will result in an actual Assessed value of the Project Facility which is higher than the Assumed Assessment and an increase in the potential real property tax benefit above what has been approved to date by the Agency.
Assessed value of the Secured Equipment: as per the Assessment Report (Jin ZTC Ping Zi [2010] No.2) issued on 5 January 2010 by Tianjin Zhong ▇▇▇▇ ▇▇▇▇▇ Real Estate and Land Assessment Co., Ltd., as at 30 November 2009 and based on the current use of the Secured Equipment, its market value is RMB135.6969 million.
The amounts that each party to this Contract shall pay shall be based on the following formula: Share of costs = %AV + %TC + %Pop Where: AV = Assessed value of real estate in area served TC = Annual average of total emergency calls to area served Pop= Population of area served If the City is providing protection to multiple townships or other cities, all entities served shall be included in calculating the formula.