Industrial park conservation area definition

Industrial park conservation area means an area within the boundaries of a redevelopment project area located within the territorial limits of a municipality that is a labor surplus municipality or within 1 1/2 miles of the territorial limits of a municipality that is a labor surplus municipality if the area is annexed to the municipality; which area is zoned as industrial no later than at the time the municipality by ordinance designates the redevelopment project area, and which area includes both vacant land suitable for use as an industrial park and a blighted area or conservation area contiguous to such vacant land.
Industrial park conservation area means an area
Industrial park conservation area means an area within the boundaries oE a redevelopment project area located within the territorial limits oE a municipality that is a labor surplus municipality or within 1 1/2 miles oE the territorial limits oE a municipality that is a labor surplus municipality iE the area is annexed to the municipality; which area is zoned as industrial no later than at the time the municipality by ordinance designates the redevelopment project area, and which area includes both vacant land suitable Eor use as an industrial park and a blighted area or conservation area contiguous to such vacant land.

More Definitions of Industrial park conservation area

Industrial park conservation area means an area within the boundaries of a redevelopment
Industrial park conservation area means an area within the boundaries of a redevelopment project area located within the corporate limits of a municipality or within 1 1/2 miles of the corporate limits of a municipality if the area is to be annexed to the municipality, if the area is zoned as industrial no later than the date on which the municipality by ordinance designates the redevelopment project area, and if the area includes improved or vacant land suitable for use as an industrial park or a research park, or both. To be designated as an industrial park conservation area, the area shall also satisfy one of the following standards:
Industrial park conservation area means an area within the boundaries of a Redevelopment Project Area located within the territorial limits of a municipality that is a labor surplus municipality or within 1½ miles of the territorial limits of a municipality that is a labor surplus area if the area is annexed to the municipality; which area is zoned industrial no later than at the time the municipality by ordinance designates the Redevelopment Project Area, and which area includes both Vacant Land suitable for use as an industrial park and a blighted area or conservation area contiguous to such Vacant Land. The Redevelopment Project Area is not being qualified as an Industrial Park Conservation Area. _ _ _ _IV. ELIGIBILITY CONCLUSIONS This report concludes that the Oakland-Sycamore Redevelopment Project Area #3 is eligible for Tax Increment Finance (“TIF”) designation as a Blighted Area Improved Land.Analysis of Factors for Designation as a “TIF” Blighted AreaThe Redevelopment Project Area meets the requirements of the Act for designation ofImproved Land as a Blighted Area. Improved LandThe Redevelopment Project Area meets the requirements of Section 11-74.4-3 (a) (1), (B), (C), (D), (F), (H), (J), and (L) of the Act for designation of Improved Land as a Blighted Area. For designation as a Blighted Area for Improved Land, five or more of thirteen factors must be met. The following seven factors are present in the Improved Land: • Obsolescence• Deterioration• Below Minimum Code• Deleterious Land Use or Layout• Excessive Vacancies• Inadequate utilities• Community Planning Analysis of Factors Presence and Distribution There must be a reasonable presence of and distribution of these factors in the Redevelopment Project Area, as stated in the Act. The factors presented are reasonably present and distributed in the Improved Land in the Redevelopment Project Area. Analysis of Size RequirementsThe Redevelopment Project Area includes approximately 16.25 acres, in excess of the minimum 1½ acres required by the Act. Analysis of Evidence Lack of Development by Private Enterprise There are excessive vacancies. The largest parcels in the Redevelopment Project Area are tax exempt and, therefore, have no Equalized Assessed Valuation (“EAV “).The City has pursued developers, but without financial incentives, has been unable to attract developers to the Redevelopment Project Area. The obsolete and deteriorated nature of residential and governmental properties has resulted in little development in these areas...

Related to Industrial park conservation area

  • conservation area means any improved area within the boundaries of a redevelopment project area located within the territorial limits of the municipality in which 50% or more of the structures in the area have an age of 35 years or more. Such an area is not yet a blighted area but because of a combination of 3 or more of the following factors may be considered as a “conservation area”:

  • Ex-situ conservation means the conservation of components of biological diversity outside their natural habitats.

  • In-situ conservation means the conservation of ecosystems and natural habitats and the maintenance and recovery of viable populations of species in their natural surroundings and, in the case of domesticated or cultivated species, in the surroundings where they have developed their distinctive properties.

  • Industrial park means an area in a blighted or conservation area suitable for use by any manufacturing, industrial, research or transportation enterprise, of facilities to include but not be limited to factories, mills, processing plants, assembly plants, packing plants, fabricating plants, industrial distribution centers, warehouses, repair overhaul or service facilities, freight terminals, research facilities, test facilities or railroad facilities.

  • industrial premises means any place or premises (not being a private dwelling house), including the precincts thereof, in which or in any part of which any industry, trade, business, occupation or manufacturing is being ordinarily carried on with or without the aid of power and includes a godown attached thereto;

  • rural areas means any area within the county located outside the

  • Natural area means an area of the rural or non-urban environment which is in an unspoilt natural state or is of high scenic value, and includes, but is not limited to, national parks, game reserves, nature reserves, marine reserves, wilderness areas, areas of extensive agriculture and scenic areas;

  • urban areas means the areas covered by all Municipal Corporations and other Municipalities including the areas falling under the various Urban Development Authorities, Cantonment Authorities and industrial estates or townships, excluding the areas covered under Class-I Cities;

  • Water conservation means the preservation and careful management of water resources.

  • ILUA Area means the geographical area in relation to which the Framework ILUA applies, as specified in Schedule 2 of the Framework ILUA;

  • Conservation easement means that term as defined in section 2140 of the natural resources and environmental protection act, 1994 PA 451, MCL 324.2140.

  • Industrial building means a building used for or in connection with,

  • Industrial Property – means property used for construction, repair, trade or manufacturing, production, assembly or processing of finished or partially finished products from raw materials or fabricated parts on such a large scale that capital and labour are significantly involved, and includes any office or other accommodation on the same property, the use of which is incidental to such activity;

  • apartment building means a residential use building, or the residential use portion of a mixed-use building, other than a townhouse or stacked townhouse containing four or more dwelling units each of which shall have access to above grade common halls, stairs, elevators, and yards;

  • townsite in relation to the townsite to be established near the harbour means a townsite (whether or not constituted and defined under section 10 of the Land Act) primarily to facilitate the Company’s operations in and near the harbour and for employees of the Company and in relation to the mining areas means such a townsite or townsites or any other townsite or townsites which is or are established by the Company for the purposes of its operations and employees on or near the mining areas in lieu of a townsite constituted and defined under section 10 of the Land Act;

  • Urban area means Maricopa and Pima counties, excluding Tribal Lands.

  • existing industrial building means a building used for or in connection with,

  • Rural area means any county with a population of fewer than twenty thousand individuals. "Small business concern," as used in this clause, means a concern, including its affiliates, that is

  • Redevelopment Area means the community redevelopment area described, defined or otherwise identified or referred to in the Redevelopment Plan.

  • Easement Area means the area of the servient lot marked on the survey-strata plan as being subject to the relevant easement; and

  • exploration area means that part of the Area allocated to the Contractor for exploration, described in schedule 1 hereto, as the same may be reduced from time to time in accordance with this contract and the Regulations;

  • Historic building means a building, including its structural components, that is located in this state and that is either individually listed on the national register of historic places under 16 U.S.C. 470a, located in a registered historic district, and certified by the state historic preservation officer as being of historic significance to the district, or is individually listed as an historic landmark designated by a local government certified under 16 U.S.C. 470a(c).

  • Coastal area means coastal area as defined in section 22a-93(3) of the Connecticut General Statutes. “Coastal waters” means coastal waters as defined in section 22a-93(5) of the Connecticut General Statutes. “Commissioner” means commissioner as defined in section 22a-2(b) of the Connecticut General Statutes.

  • farm building means that part of a bona fide farming operation encompassing barns, silos and other ancillary development to an agricultural use, but excluding a residential use;

  • Water Surface Elevation (WSE means the height, in relation to mean sea level, of floods of various magnitudes and frequencies in the floodplains of coastal or riverine areas.

  • industrial effluent means any liquid, whether or not containing matter in solution or suspension, which is emitted in the course of or as a result of any trade or industrial operation, including a mining operation, and includes any liquid besides soil water or waste water or stormwater;