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

  • The Maximum Special Tax for each Parcel of Taxable Property Owner’s Association Property or Taxable Public Property shall be equal to the product of the applicable Undeveloped Property Maximum Special Tax per Acre for the applicable Improvement Area times the Acreage of such Parcel.

  • Fifth: If additional moneys are needed to satisfy the Special Tax Requirement for an Improvement Area after the first four steps have been completed, the Special Tax shall be levied Proportionately on each Parcel of Undeveloped Property at up to 100% of the applicable Maximum Special Tax for Undeveloped Property within each Improvement Area.


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