Project Valuation definition

Project Valuation means a valuation of the Project dated as of such date as shall be, or shall have heretofore been (as the case may be), determined by the Council in accordance with Section 18-2147 of the Redevelopment Law and in accordance with the Redevelopment Plan, and which shall be, or shall have heretofore been (as the case may be), provided by the Assessor to the City at the City’s request pursuant to Section 18-2148 of the Redevelopment Law.
Project Valuation means the total construction valuation of labor and materials for the construction, demolition, or renovation project as calculated by the City.
Project Valuation means the total value of the improvements approved for a Development Project submitted to the City in order to obtain a building permit or permits for the development project, which shall consist of the Construction Costs.

Examples of Project Valuation in a sentence

  • During the period of this Redevelopment Agreement, Redeveloper, its successors and assigns, will: (1) not protest a real estate property valuation of the Project Site to a sum less than the Minimum Project Valuation; and (2) not convey the Project Site or structures thereon to any entity which would be exempt from the payment of real estate taxes or cause the nonpayment of such real estate taxes.

  • If, during the period of this Redevelopment Agreement, the Project Site is assessed at less than the Minimum Project Valuation, Redeveloper shall be responsible for any shortfall in the Tax Increment generated by the Project.

  • To reach the required Anticipated Project Valuation, ▇▇▇▇▇ shall use reasonable efforts to create a taxable real property valuation of each Lot of not less than the Anticipated Lot Valuation no later than the applicable completion date for said Lot.

  • The Redeveloper intends to create taxable real property valuation for each phase of the Project not less than the Minimum Project Valuation as defined in this First Amendment.

  • During the period of this Agreement, Redeveloper, its successors and assigns, will: (1) not protest a real estate property valuation of the Project and Project Site to a sum less than or equal to the Minimum Project Valuation; and (2) not convey the Project Site or structures thereon to any entity which would be exempt from the payment of real estate taxes or cause the nonpayment of such real estate taxes.

  • The City and ▇▇▇▇▇ shall use reasonable efforts to create a taxable real property valuation of the Project and Project Site of not less than the Anticipated Project Valuation no later than as of the Effective Date of the final phase of the Project.

  • During the period of this Amendment following the applicable Effective Date, Redeveloper and their successors and assigns, shall: (a) not protest real property valuation of the Project and Project Site to a sum less than or equal to the Minimum Project Valuation; and (b) not convey the Project Site to any entity would be exempt from the payment of real estate taxes.

  • Consumption shall be performed according to the 2012 "Beijing Construction Project Valuation Basis-Budget Quota".

  • Every purchaser of a home on the Phase Two Site shall be subject to this provision so as to not protest any assessed valuation that would bring the valuation for a particular phase to an amount less than or equal to the Minimum Project Valuation.

  • Redeveloper has agreed to create a taxable real property valuation of the Project and Project Site of not less than the Minimum Project Valuation no later than the Project Completion Date.


More Definitions of Project Valuation

Project Valuation means the valuation of a Project dated as of such date as shall be determined upon in accordance with the Redevelopment Law, and which shall be provided by the Assessor to the City at the City's request pursuant to Section 18-2148 of the Redevelopment Law.
Project Valuation means the valuation of a Project dated the date determined in accordance with the Redevelopment Law, and which shall be provided by the Assessor to the City at the City’s request pursuant to Section 18-2148 of the Redevelopment Law.
Project Valuation. PERMIT #: PROJECT ADDRESS: OWNER: PHONE#: ADDRESS: STREET CITY STATE ZIP CODE CONTRACTOR: PHONE#: ADDRESS: STREET CITY STATE ZIP CODE Demolition of any structure in the City of York shall include, but not be limited to the following:

Related to Project Valuation

  • Assessed Valuation means the amount for which the Real Property is assessed pursuant to applicable provisions of the New York City Charter and of the Administrative Code of the City of New York for the purpose of imposition of Taxes.

  • Excess valuation assets for a valuation period means:

  • Approved Valuation Firm means each of Duff & ▇▇▇▇▇▇ Corp., FTI Consulting, Inc., ▇▇▇▇▇▇▇▇ ▇▇▇▇▇, Lincoln International LLC, ▇▇▇▇▇▇ ▇▇▇▇▇▇, Valuation Research Corp., and any other nationally recognized accounting firm or valuation firm approved by the Administrative Agent and the Borrower, each in its reasonable discretion.

  • Initial Valuation means, when used with reference to specified Collateral, the Valuation initially performed for the Collateral as of the date on which the Collateral was added to the Collateral Pool. The Initial Valuation for each of the Initial Mortgaged Properties is as set forth in Exhibit A to the Agreement.

  • Independent Valuation has the meaning set forth in Section 1.68(d).