Assessed Value of Improvements definition

Assessed Value of Improvements means, for property tax years beginning on or before July 1, 1996, the assessed value of improvements as recorded in the assessment roll for Multnomah County for a specified assessment year and, for property tax years beginning on or after July 1, 1997, the real market value of improvements as recorded in the assessment roll for Multnomah County for a specified assessment year; or, as to property assessed by the Oregon Department of Revenue, the real market value of the property where “real market value” means the minimum amount in cash which could be reasonably expected by an informed seller acting without compulsion from an informed buyer acting without compulsion, in an arm’s length transaction during that assessment year.
View Source
Assessed Value of Improvements means the BC Assessment Authority’s assessed value of improvements on the parcel.
View Source

Related to Assessed Value of Improvements

  • Minimum Improvements means the acquisition of land and construction of a 152-unit market rate residential apartment building, construction of a stormwater pond and related improvements. The Minimum Improvements are more fully depicted in Exhibit B, which is attached hereto and incorporated herein.

  • System improvements means capital improvements to public facilities which are designed to provide service to a service area.

  • Substitute Improvements means the substitute or additional improvements of the Issuer described in Article V hereof.

  • Tenant Improvements Defined in Exhibit B, if any.

  • Site Improvements means any construction work on, or improvement to, streets, roads, parking facilities, sidewalks, drainage structures and utilities.