Common use of Replacement Land Clause in Contracts

Replacement Land. The Diversion Authority has or may obtain land from the City of Oxbow, or make arrangements with the City of Oxbow to provide land to Oxbow CC, to be used for replacement of existing golf holes obtained by the Diversion Authority, taking into consideration the unique nature of the existing holes, (including landscaping, mature trees, and certain views and vistas) to be taken and the value of land used for replacement.

Appears in 2 contracts

Sources: Interim Agreement, Interim Agreement

Replacement Land. The Diversion Authority has or may obtain land from the City of OxbowOxbow obtained as set forth under Section 2.3, or make arrangements with the City of Oxbow to provide land to Oxbow CCGolf & Country Club, to be used for replacement of existing golf holes obtained by the Diversion AuthorityAuthority under Sections 2.6.1 and 2.6.2 above, taking into consideration the unique nature of the existing holes, (including landscaping, mature trees, and certain views and vistas) to be taken and the value of land used for replacement.

Appears in 1 contract

Sources: Memorandum of Understanding