Community assets definition

Community assets means any property or income which by custom belongs to or has been administered for the benefit of the villagers in common, or has been created through contribution of voluntary labour by the villagers, or has been created by the State Government. (20-23 As amended in 2014).
Community assets means any asset that contributes to the community’s well-being such as parks, libraries and fire stations;
Community assets means assets belonging to Government, Government Controlled Organisations, Local Bodies, Voluntary Organisations and individuals which are created for the beneficial

Examples of Community assets in a sentence

  • Community assets generally consist of individuals, associations and voluntary networks, historical and cultural resources, natural landscapes (including renewable and nonrenewable material resources), financial assets, the built environment, including transportation networks, communication facilities, utilities, public facilities and commercial buildings, and institutions such as schools, hospitals, and government agencies.

  • This Agreement does not give Resident or Resident Representative any property right or management interest in the Community or any Community assets.

  • It is agreed that the IEEE Brain Technical Community may be dissolved or restructured by the consent of all Members or as instructed by the IEEE and by subsequent vote of the Steering Committee of the IEEE Brain Technical Community to such affect and only after providing adequate timing and administrative actions to fulfill the obligations of the Community thereby allowing a controlled and orderly dissolution or restructure and/or distribution of Community assets and programming.

  • Community Assets: Community assets may be buildings or land, of value to a local community (the definition can sometimes be used more widely to refer to other things of value e.g. resources, specific knowledge or equipment).


More Definitions of Community assets

Community assets means infrastructure, trees, and any urban improvement;".
Community assets means assets belonging to Government, Government Controlled Organizations, Local bodies, Voluntary Organizations, and individuals which are created for the beneficial use of public at large without profit motive.]