The most recent assessment role used in connection with the taxation of property prior
to October 5, 1998 shall be the preliminary assessment roll of taxable real property
in Orange County, Florida, prepared by the Property Appraiser of Orange County, Florida,
and submitted to the department of revenue pursuant to F.S. § 193.1142, reflecting
valuation of real property for purposes of ad valorem taxation as of January 1, 1998
(the "base year value"), and all deposits into the International Drive Community Redevelopment
Trust Fund shall be in the amount of tax increment in valuation of taxable real property
from the base year value.
(Ord. No. 98-22, § 4, 9-29-98)
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