Examples of Air Rights in a sentence
Air rights and subterranean rights may be disposed of for any permitted use within the Project Area boundaries.
Air rights mean the space located above the surface of the ground, lying within a project’s property limits.
Sending Areas/Conservation Goals Consistent with GMA goals, Tacoma’s TDR program is designed to permanently conserve land in the following types of sending areas:• Agriculture and forest resource lands in Pierce, King, and Snohomish counties.• Air rights from landmark sites in Tacoma’s downtown and mixed-use centers.
Air rights development over the station and the parking facilities may have long-term potential.
If the real property is leased, the proceeds areconsidered program income and may be used for any transit purpose.• Air rights over transit facilitiesconstructed with Federal funds may be sold to developers and the proceedsretained as program income for futureuse in mass transit, rather than returned to the Treasury.• Cross Border Leases.