Benefited Properties definition

Benefited Properties means all real property within the boundaries of the unincorporated portions of the Del Monte Forest as defined in Exhibit “B” of the
Benefited Properties as used in chapter 13.95 SCC, means properties that are benefited from a road improvement or group of improvements, where the properties would require similar road improvements or traffic mitigation obligations upon development under the land development impact mitigation codes, policies and regulations of the county, had improvements or traffic mitigation not previously been provided by some other party.
Benefited Properties means all real property within the boundaries of the unincorporated portions of the Del Monte Forest as defined in Exhibit “B” of the Supplemental Financial Commitment, as amended, and such additional real property as has been designated and included as Benefited Properties under the Fiscal Sponsorship Agreement pursuant to amendments thereto as approved by the MPWMD Board. those properties described on Exhibit A hereto, within the Cal-Am Service Area on which a portion of the Water Entitlement may be utilized. All Benefited Properties are located in the unincorporated portion of the Del Monte Forest (the area shown on Exhibit B) except as otherwise noted in Exhibit A.

Examples of Benefited Properties in a sentence

  • Developer shall have no further claim as to monies collected from any Benefited Properties after the expiration of the fifteen (15) year term.

  • This Agreement shall be in full force and effect until all of the Benefit Assessments for Benefited Properties in the Participating Municipality have been paid in full or deemed no longer outstanding.

  • The City agrees that it will require, as a condition of annexation of any portion of the West Steamboat Area Plan adopted June 19, 2006 (the “Benefited Property”) that YVHA will be reimbursed by the developer of such portion of the Benefited Properties a proportionate share of the cost of such infrastructure which serves a Benefited Property.

  • The District shall allocate the cost of the Extension among Developer's property and the Benefited Properties on a pro rata share basis.

  • The District shall allocate the cost of the Extension Facilities among Developer's property and the Benefited Properties on a pro rata share basis.

  • A list and the legal descriptions of the Benefited Properties is attached to this Agreement and incorporated by reference as Exhibit C.

  • BSB, EPA, MDEQ, and each of the Owners (as the same may appear from time to time) of the Benefited Properties shall have the right, but not the obligation, to enforce the Covenants.

  • No Owners of Benefited Properties shall be granted a permit or be authorized by the City to connect into or use the City’s sanitary sewer system, or extensions thereof, within twenty (20) years of the date of this Agreement without first paying to the City the Pro Rata Payment, in addition to any and all other costs and charges made and assessed for such connection or use.

  • District does not warrant or guarantee the amount, validity, or collectibility of Reimbursement Charges from the Benefited Properties.

  • Developer assumes all risk that one or more of the Benefited Properties fail to connect to the Extension Facilities during the term of this Agreement, or that Reimbursement Charges prove to be uncollectible.


More Definitions of Benefited Properties

Benefited Properties as used within this Agreement refers to properties located within the Xxxxx Vineyard Specific Plan boundaries and outside of the Xxxxx Vineyard Specific Plan Boundaries as generally depicted on Exhibit 4.2.5. The Developer shall be entitled to be reimbursed by those properties determined by the County to be Benefited Properties as generally described in Exhibit 4.2.5, for that property’s pro rata share of Developer’s actual costs for Specific Plan and environment document review, processing and approval. For sewer, drainage facilities and improvements, roadway and trail improvements, acquisition of land for public improvements, and other obligations related to this Agreement, which benefit such Benefited Property within the Xxxxx Vineyard Specific Plan, the fair share benefit of such improvements and facilities to such property shall be paid through the RVSP Fees as described in Section 2.5.5. above and as further described in the Financing Plan. County shall use its best efforts, to the extent County has the authority to do so, at the earliest opportunity in the approval process, to impose an obligation to pay said reimbursement, as a provision in any development agreement or as a condition of any development entitlement for such Benefited Property including the obligation to pay the RVSP Fees, at the time such property owner requests a discretionary approval or other such entitlement from County for development of the Benefited Property whereby such condition can be imposed. The provision or condition shall specify the manner of payment of the reimbursement. Developer shall provide County with such information as the County may require verifying the amount of Developer’s claimed reimbursement from each Benefitted Property, and County reserves the right to review and approve the amount of any such reimbursement. County shall have no obligation to make any payments to Developer unless and until it receives any such reimbursement amount from a third-party source. Upon receipt of any such reimbursement for improvements financed by Development Mitigation Fees or new Development Mitigation Fees, the amount of such reimbursement shall not exceed the amount of credits then held by Developer with respect to such improvement. Developer shall relinquish and the reimbursing owner shall receive an equivalent amount of fee credits allocable, if any, to the improvements for which such reimbursement was paid.
Benefited Properties means all real property within the boundaries of the unincorporated portions of the Del Monte Forest as defined in Exhibit “B” of the Supplemental Financial Commitment, as amended, and such additional real property as has been designated and included as Benefited Properies under the Fiscal Sponsorhsip Agreement pursuant to amendments thereto as approved by the MPWMD Board.

Related to Benefited Properties

  • Leased Properties have the meaning set forth in Section 3.16 herein.

  • Affected Property means all real property at the Site and any other real property where EPA determines, at any time, that access or, land, water, or other resource use restrictions, and/or Institutional Controls are needed to implement the removal action, including, but not limited to, the following properties [insert property descriptions].

  • Undeveloped Property means all Assessor’s Parcels of Taxable Property which are not Developed Property.

  • Mortgaged Property shall have the meaning assigned to such term in the recitals.

  • Other Properties shall have the meaning set forth in Section 9.1.

  • Developed Property means all Assessor’s Parcels of Taxable Property for which Building Permits were issued on or before May 1 of the prior Fiscal Year, provided that such Assessor's Parcels were created on or before January 1 of the prior Fiscal Year and that each such Assessor's Parcel is associated with a Lot, as determined reasonably by the Board.

  • Mortgaged Properties the real properties listed on Schedule 1.1B, as to which the Administrative Agent for the benefit of the Lenders shall be granted a Lien pursuant to the Mortgages.

  • Subject Properties has the meaning specified in Section 5.13(a).

  • Subject Property means any premises located in the County on which an energy efficiency improvements, water efficiency improvements, or renewable resource applications are being or have been made and financed through an outstanding PACE loan.

  • Condominium Property means the lands, leaseholds, and personal property that are subjected to condominium ownership, whether or not contiguous, and all improvements thereon and all easements and rights appurtenant thereto intended for use in connection with the condominium.

  • Income Property means, in respect of each Sub-Fund, (a) all interest, dividends and other sums deemed by the Trustee, (after consulting the auditors either on a general or case by case basis), to be in the nature of income (including taxation repayments, if any) received or receivable by the Trustee in respect of the Deposited Property of the relevant Sub-Fund (whether in cash or, without limitation, by warrant, cheque, money, credit or otherwise or the proceeds of sale or transfer of any Income Property received in a form other than cash); (b) all interest and other sums received or receivable by the Trustee in respect of (a), (c) or (d) of this definition; (c) all cash payments received or receivable by the Trustee for the account of the relevant Sub-Fund in respect of an Application; and (d) all Cancellation Compensation received by the Trustee for the account of the relevant Sub-Fund; (e) any payments to be received or are receivable by the Trustee under any contractual agreements in the nature of investments for the benefit of the relevant Sub-Fund but excluding (i) the Deposited Property; (ii) any amount for the time being standing to the credit of the distribution account for the account of the relevant Sub-Fund or previously distributed to Unitholders; (iii) gains for the account of the relevant Sub-Fund arising from the realisation of Securities; and (iv) any sums applied towards payment of the fees, costs and expenses payable by the Trust from the Income Property of the relevant Sub-Fund;

  • Project Property means the real property on or for which preconstruction service or construction work is or will be provided.

  • Improved Property means any property upon which there is erected a structure intended for continuous or periodic habitation, occupancy or use by human beings or animals and from which structure Sanitary Sewage and/or Industrial Wastes shall be or may be discharged.

  • Related Property means a parcel of real property, together with improvements thereon and personal property related thereto, that is “related” within the meaning of the definition of Significant Obligor, to the Property.

  • Foreclosed Property The Property or other Collateral securing the Mortgage Loan, title to which has been acquired by the Special Servicer on behalf of the Trust and the Companion Loan Holders through foreclosure, deed in lieu of foreclosure or otherwise in the name of the Trustee or its nominee.

  • Operating Property means any property owned, leased, or operated by the Party in question or by any of its Subsidiaries or in which such Party or Subsidiary holds a security interest or other interest (including an interest in a fiduciary capacity), and, where required by the context, includes the owner or operator of such property, but only with respect to such property.

  • Blighted property means property that meets any of the following criteria:

  • Individual Property means each parcel of real property, the Improvements thereon and all Personal Property owned by Mortgage Borrower and encumbered by a Mortgage, together with all rights pertaining to such Property and Improvements, as more particularly described in each Mortgage and referred to therein as the “Property”.

  • Redevelopment Property means a property owned by the Company or a Consolidated Subsidiary (a) where the commenced leased square footage is less than 60% of the sum of net rentable square feet and redevelopment space, with reasonable adjustments to leased square footage determined in good faith by the Company, including adjustments for available power, required support space and common area and (b) that the Company reasonably characterizes as held in whole or in part for redevelopment.

  • Protected Property means each property identified on Exhibit A hereto and each property acquired in Exchange for a Protected Property as set forth in Section 2.1(b).

  • Adjusted Property means any property the Carrying Value of which has been adjusted pursuant to Section 5.5(d).

  • The Properties means and refer to all such existing properties, and additions thereto, as are subject to this Declaration or any Supplemental Declaration under the provisions of Article II, hereof.

  • Borrowing Base Properties means the Oil and Gas Properties of the Loan Parties included in the Initial Reserve Report and thereafter in the most recently delivered Reserve Report delivered pursuant to Section 8.12.

  • Custodial property means an interest in property transferred to a custodian under this act and the income from, and proceeds of, that interest in property.

  • Transferred Property shall have the meaning specified in Section 2.1(a) hereof.