Expansion Lands definition
Examples of Expansion Lands in a sentence
Expansion Lands Process When a municipality’s Current Land Supply is below the Minimum Land Supply Threshold, the process to return the municipality’s Land Supply to an agreed upon amount should be initiated.
To assess current and future growth needs, three formulas to calculate the Current Land Supply, Additional Population, and Expansion Lands were developed.
Adding the Gross Developable Lands with the appropriate Undevelopable Lands provides the final Expansion Lands amount.
To calculate the Expansion Lands, the Gross Developable Land needs to be calculated.
Expansion Lands refers to the lands necessary beyond one municipality’s current boundaries to return a municipality to the Optimum Land Supply amount.
The Landlord and the Tenant agree that unless mutually agreed to as part of the negotiations detailed below, any such building shall be constructed on the Phase 2 Lands, and the North Expansion Lands will be used for such building's associated parking and landscaping.