Value of Improvements definition

Value of Improvements. , in relation to land, means subject to subsection (4), the added value which improvements give to the land at the base date.
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Value of Improvements shall be given the meaning provided in, and calculated in accordance with, the Housing Agreement.
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Value of Improvements means the value of any improvements made to construct or continue the construction of an Employee Unit on the Employee Housing Lot since the date of the Previous Sale, determined in accordance with Schedule C, but does not include improvements constructed after the issuance of an occupancy permit for the Employee Unit;
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Examples of Value of Improvements in a sentence

  • The term "Full Replacement Value" of Improvements, as used in Section 16(A) hereinabove and in this Lease, shall mean the actual replacement cost of the Improvements from time to time less exclusions provided in the normal fire insurance policy.

  • An example of the percentage reduction is as follows: If on January 1, 2018, the Value of Improvements were $10,000,000, the calculation would be (($12,840,000 – $10,000,000) ÷ $12,840,000) x 100 = 22.12%.

  • Calculations for reduction in tax abatement should the Job Requirements of Value of Improvements requirement not be met in any year of the abatement is specified in Par.

  • Objective Criterion - - Dollar Value of Improvements $25,000 - $74,999 3 points $75,000 - $149,999 6 points > $150,000 9 points Category II.

  • If the property tax abatement reduction applies in any of the years as provided in this Section, the property tax abatement is reduced by a percentage equal to $12,840,000 minus the sum of the Value of the Improvements on January 1 of that year divided by $12,840,000 times 100 ($12,840,000 – (Value of Improvements) ÷ $12.840,000) x 100% = percentage reduction).


More Definitions of Value of Improvements

Value of Improvements means the added value which at the time of valuation those improvements give to the land;
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Value of Improvements in relation to land, means the added value which the improvements give to the land at the date of valuation irrespective of the cost of the improvements."
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Value of Improvements means the sum by which the improvements upon land are estimated to increase its value if offered for sale on such reasouable terms and conditions as a bond j'de seller might iu ordinary circum• stances be expected to require: Provided that the value of improvements (other than viueyards, orchnrds, hop gardens, and lucerne pastures) shall in no case be deemed to be more than the cost of such improvements estimated at the time of valuation or assessment, exclusive of the cost of repairs and maintenance :
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Value of Improvements means the value of improvements as determined by the City based upon the calculated valuation of a building permit, engineer’s estimates, contractor’s estimates or actual costs.
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Value of Improvements means the added value which at the
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Value of Improvements means the Sulli by which tlie improvements upon an owner's 1:bnd iverease its vallie:
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Value of Improvements means, in relation to land, the added value which the improvements give to the land at the time as at which the value is required to be ascertained for the purposes of this Act, irrespective of the cost of the improvements, including in such added value the value of any hotel license the value of which has been included in the improved value.
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