Capital Improvement Assessment definition

Capital Improvement Assessment means, for Association Members, except Potter Bluff Subassociation Members, a charge against each Member and his Lot, representing a portion of the cost to the Association for installation or construction of any capital improvements on any of the Association Community Facilities and the Potter Creek Community Facilities which the Association may from time to time authorize pursuant to the provisions of this Declaration. “Capital Improvement Assessment” shall mean, for Potter Bluff Subassociation Members, a charge against each Potter Bluff Subassociation Member and his Lot, representing a portion of the cost to the Association for installation or construction of any capital improvements on any of the Association Community Facilities and the Potter Bluff Community Facilities which the Association may from time to time authorize pursuant to the provisions of this Declaration.
Capital Improvement Assessment means a charge against each Owner and that Owner's Lot, representing a portion of the cost to the Association for construction, repair or replacement of a capital the Common Areas, which the Association may time to authorize in accordance with Section of this Declaration.
Capital Improvement Assessment means and refer to a charge against each Owner and his Condominium representing a portion of the cost to the Association for the installation or construction of any capital improvements on the Common Area or on any Maintenance Area as provided for in this Declaration.

Examples of Capital Improvement Assessment in a sentence

  • While property assessment funded items are provided for as part of the District Wide Capital Improvement Assessment, all other expenses must be funded by charges to the connected users of the water system.

  • Members with Memberships In Good Standing authorized and entitled to vote shall vote to change, disapprove or approve the recommended Capital Improvement and Special Assessment at any Annual or Special Meeting of Declarant where proper notice was given and which notice includes the Capital Improvement Assessment project.

  • Assessment means any Annual Assessment, Capital Improvement Assessment, RepairAssessment, Reconstruction Assessment and Special Assessment.

  • The Condominium, prior approval of the Condominium Owners Assembly by a majority vote of the Voting Power, may levy and collect, in any Fiscal Year, a Capital Improvement Assessment applicable to that year only for the purpose of defraying, in whole or in part, the cost of any construction, reconstruction, repair or replacement of any capital Improvement upon the Condominium Common Area, including fixtures and personal property related thereto.

  • The cost and expense of any such additions, alterations or improvements to such Common Elements shall be as a "Capital Improvement Assessment" of the Unit Owners as provided in Section 13.2 hereof.

  • The QIAGEN Group solutions and content serve hospitals and laboratories worldwide to interpret biological information.

  • Capital Improvement Assessment means a charge which the Board may levy against the Owners and their Lots or Condominiums, representing a portion of the cost to the Association for installation or construction of any Capital Improvements on any of the Association Property.

  • All funds collected from "District-wide Capital Improvement Assessment" are located in one bank account.

  • Rail projects that STV has managed satisfactorily for Metro in the past five years include the San Fernando Valley Subregional Mobility Matrix, Metro Airport Connector draft Environmental Impact Statement (EIS) and Environmental Impact Report (EIR), the South Bay Green Line Extension EIS/EIR, Metro Blue, Green & Gold Lines Operations Capital Improvement Assessment, and Metro Red Line Station Canopies.

  • All funds collected from "District-wide Capital Improvement Assessment" are located in bank accounts or deposited with County Treasurer.


More Definitions of Capital Improvement Assessment

Capital Improvement Assessment means those assessments imposed upon the Unit Owner(s) as described in as described in Section 7.11 of this Master Deed.
Capital Improvement Assessment means a charge against each Owner (as defined in Article IV) and its Parcel (as defined in §1.32) , representing a portion of the costs incurred by the Hotel Owner for construction, installation or replacement of any capital improvement to or for any portion of the Shared Facilities (as defined in §1.38) for which the Hotel Parcel and/or the Condo-Hotel Parcel are responsible as provided in this Declaration, or any repair of such an improvement amounting to a capital expenditure under generally accepted accounting principles, which the Hotel Owner may from time to time undertake pursuant to this Declaration.
Capital Improvement Assessment means a charge against each Owner and such Owner's Parcel and the Improvements to such Parcel, representing a portion of the cost to the Association for installation or construction of any capital improvements on any capital improvements, which the Association may from time to time authorize pursuant to the provisions of this Declaration.
Capital Improvement Assessment is defined in the Declaration.
Capital Improvement Assessment means and refer to those assessments imposed upon the Owner(s) as described in Section
Capital Improvement Assessment. -- shall mean a charge against each Owner and his Parcel representing a portion of the cost incurred by the Association for the installation or construction of any Improvements on any portion of the Common Areas which the Association may from time to time authorize.

Related to Capital Improvement Assessment

  • Capital Improvement Project means the acquisition, construction, reconstruction, improvement, planning and equipping of roads and bridges, appurtenances to roads and bridges to enhance the safety of animal-drawn vehicles, pedestrians, and bicycles, wastewater treatment facilities, water supply systems, solid waste disposal facilities, and storm water and sanitary collection, storage and treatment facilities including real property, interests in real property, facilities, and equipment related or incidental to those facilities.

  • Capital Improvement or "Capital Improvement Project" means the acquisition, construction, reconstruction, improvement, planning and equipping of roads and bridges, wastewater treatment facilities, water supply systems, solid waste disposal facilities, and storm water and sanitary collection, storage and treatment facilities of Local Subdivisions, including real property, interests in real property, and facilities and equipment of Local Subdivisions related or incidental thereto.

  • Capital Improvements mean the purchase, renovation, rehabilitation, or construction of permanent land, buildings, structures, equipment and furnishings used directly for or in the Project, and any goods or services for the Project that are purchased and capitalized under GAAP, including any organizational costs and research and development costs incurred in Illinois. Capitalized lease costs for land, buildings, structures or equipment shall be included in “Capital Improvements” only if the lease term, including any extensions or options to extend, equals or exceeds the term of this Agreement, and provided that such lease costs are valued at their present value using the corporate interest rate prevailing at the time the Company filed its Application with the Department.

  • Redevelopment project means a specific construction project

  • Infrastructure improvement means permanent infrastructure that is essential for the public health and safety or that:

  • Redevelopment Project Area means an area designated by the municipality, which is not less in the aggregate than 1 1/2 acres and in respect to which the municipality has made a finding that there exist conditions which cause the area to be classified as an industrial park conservation area or a blighted area or a conservation area, or a combination of both blighted areas and conservation areas.

  • Project area budget means a multiyear projection of annual or cumulative

  • Pilot project means an innovative environmental project that covers one or more designated facilities, designed and implemented in the form of an EMSA. (See Section 52.3 of the Act.)

  • Needs Improvement the Educator’s performance on a standard or overall is below the requirements of a standard or overall, but is not considered to be unsatisfactory at this time. Improvement is necessary and expected.  Unsatisfactory: the Educator’s performance on a standard or overall has not significantly improved following a rating of needs improvement, or the Educator’s performance is consistently below the requirements of a standard or overall and is considered inadequate, or both.

  • Home improvement means the remodeling, altering,

  • Improvement Plan means the plan required by the Authority from the Supplier which shall detail how the Supplier will improve the provision of the Goods and/or Services pursuant to Clause 29.1.1 (Authority Remedies);

  • Construction project means the same as that term is defined in Section 38-1a-102.

  • Expansion Project has the meaning set forth in Section IV.3.a of this Agreement.

  • Project area plan means a written plan that, after the plan's effective date, guides and controls the development within a project area.

  • Improvement Costs means any additional expenditure on a fixed asset that materially increases the capacity of the asset or materially improves its functioning or represents more than 10% of the initial depreciation base of the asset;

  • Project Improvements means site improvements and facilities that are:

  • Cost of Capital Improvement Projects means the costs of acquiring, constructing, reconstructing, expanding, improving and engineering Capital Improvement Projects, and related financing costs.

  • Public improvement costs means the costs of:

  • Development Project means a project for the development of land within a

  • Construction Budget means the fully-budgeted costs for the acquisition and construction of a given parcel of real property (including, without limitation, the cost of acquiring such parcel of real property, reserves for construction interest and operating deficits, tenant improvements, leasing commissions, and infrastructure costs) as reasonably determined by the Parent in good faith.

  • Building Operating Expenses means the portion of “Operating Expenses,” as that term is defined in Section 4.2.7 below, allocated to the tenants of the Building pursuant to the terms of Section 4.3.1 below.

  • Phase I assessment as described in, and meeting the criteria of, (i) Chapter 5 of the FNMA Multifamily Guide or any successor provisions covering the same subject matter in the case of a Specially Serviced Mortgage Loan as to which the related Mortgaged Property is multifamily property or (ii) the American Society for Testing and Materials in the case of Specially Serviced Mortgage Loan as to which the related Mortgaged Property is not multifamily property.

  • Infrastructure Improvements means a street, road, sidewalk, parking facility, pedestrian mall, alley, bridge, sewer, sewage treatment plant, property designed to reduce, eliminate, or prevent the spread of identified soil or groundwater contamination, drainage system, waterway, waterline, water storage facility, rail line, utility line or pipeline, transit-oriented development, transit-oriented property, or other similar or related structure or improvement, together with necessary easements for the structure or improvement, owned or used by a public agency or functionally connected to similar or supporting property owned or used by a public agency, or designed and dedicated to use by, for the benefit of, or for the protection of the health, welfare, or safety of the public generally, whether or not used by a single business entity, provided that any road, street, or bridge shall be continuously open to public access and that other property shall be located in public easements or rights-of-way and sized to accommodate reasonably foreseeable development of eligible property in adjoining areas. Infrastructure improvements also include 1 or more of the following whether publicly or privately owned or operated or located on public or private property:

  • Total Project Costs means the total amount of money required to complete the Project.

  • Project means the goods or Services described in the Signature Document or a Work Order of this Contract.

  • Phase I Environmental Assessment A “Phase I assessment” as described in, and meeting the criteria of, the ASTM, plus a radon and asbestos inspection.