Money in Lieu of Land definition

Money in Lieu of Land means payment of money into a municipally earmarked fund to provide for acquisition of facilities off-site in place of dedicating land or providing such facility on site.
Money in Lieu of Land means payment of money

Examples of Money in Lieu of Land in a sentence

  • PARKLAND DEDICATION 19(a) Purpose 19(b) General Requirements 20(c) Prior Dedication 20(d) Money in Lieu of Land 20(e) Comprehensive Plan Considerations 21(f) Special Fund, Right to Refund 21 TABLE OF CONTENTS(CONTINUED) ARTICLE / SECTION PAGE (g) Additional Requirements, Definitions 21Sec.

  • Alternative Procedure: Money in Lieu of Land: Where, with respect to a particular subdivision, the reservation of land required pursuant to this section does not equal the percentage of total land required to be reserved in Section 5.9(1)(a), the Planning Commission shall require, prior to final approval of the subdivision plat, that the applicant deposit with Clinton City a cash payment in lieu of land reservation.

  • Fees shall be as set forth in Park Land (Money in Lieu of Land), Article 12, Section 6, of these regulations.

  • All wells shall be in conformance pursuant to Section 30-28-404, C.R.S.[Section 2.6 (2&3)] • The School District was sent a calculation for Money in Lieu of Land they accepted.

  • Land areas dedicated for future school sites follows the following calculation: 3 units 3 x .045= .135 acres Money in Lieu of Land Calculates to: 3 x .50=1.5 1.5 x .090 = .135 .135 x $53,809.52/acre = $7,281.39 in school impact fees.

  • This is a 7.7% decrease over the prior year.– To date, 425 institutional and agency subscribers have renewed for 2016 (71.5% of 2015’s subscriber base).

  • Land areas dedicated for future school sites follows the following calculation: 3 units 3 x .045= .135 acres Money in Lieu of Land Calculates to: 3 x .50=1.5 1.5 x .090 = .135 .135 x $53,936.39/acre = $7,281.39 in school impact fees.

  • F-3 Memo F-3 Resolution F-3 Exhibit A F-3 Exhibit B F-3 Exhibit C F-3 Exhibit DMayor Pro Tem Rick Barnes made a motion to approve Resolution No. 3586 authorizing the City Manager to execute a City Developer Agreement for Westpark Addition Phase III Sec II with the following amendment: Amend the number of Lots from 20 to 19 under the Park Land Dedication Money in Lieu of Land, which changes the Final Assurance Amount to $19,000.00 on Page 8 of the Development Agreement, Exhibit “A” to the resolution.

  • By focusing specifically on the contribution which the reforms may have had after 1992 on economic growth and poverty reduction in Mozambique, this section initially highlights the possible effects of reform-induced changes in investment, trade and privatisation, respectively, on growth and poverty.

Related to Money in Lieu of Land

  • Parcel of land means the aggregate of one or more areas of land described in a certificate of title or described in a certificate of title by reference to a plan filed or registered in a land titles office;

  • Crown land means land in which there is a Crown interest or a Duchy interest;

  • Indian land means the lands of any Indian Tribe or within Indian country.

  • State building code means the combined specialty codes.

  • Hotel Property means a Property on which there is located an operating hotel.

  • Property Owner Association Property means, for each Fiscal Year, any property within the boundaries of IA No. 1 that was owned by a property owner association, including any master or sub-association, as of January 1 of the prior Fiscal Year.

  • Acre or “Acreage” means the land area of an Assessor’s Parcel as shown on an Assessor’s Parcel Map, or if the land area is not shown on an Assessor’s Parcel Map, the land area shown on the applicable Final Map or other parcel map recorded at the County Recorder’s Office.

  • Leasehold condominium means a condominium in which all or a portion of the real estate is subject to a lease the expiration or termination of which will terminate the condominium or reduce its size.

  • Vacant Land means the land parcels described on Schedule A attached hereto.

  • Common Property means any and all real and personal property and easements and other interests therein, together with the facilities and improvements located thereon, now or hereafter owned by the Association for the common use and enjoyment of the Owners.

  • State land means land which vests in the national or a provincial government, and includes land below the high water mark and the Admiralty Reserve, but excludes land belonging to a local authority;

  • Height of building means height measured from the abutting road and in case of undulated terrain height can be considered as average of the corresponding ground level. The parapet wall, staircase head room, lift room, water tank are excluded from the height of the building.

  • Leasehold Estate means Borrower’s interest in the Land and any other real property leased by Borrower pursuant to the Ground Lease, if applicable, including all of the following:

  • Leasehold interest means the interest of the lessor or the lessee under a lease contract.

  • Undepreciated Real Estate Assets as of any date means the cost (original cost plus capital improvements) of real estate assets of the Company and its Subsidiaries on such date, before depreciation and amortization determined on a consolidated basis in accordance with GAAP.

  • Public building and "public work" means a public building of, and a public work of, a governmental entity (the United States; the District of Columbia; commonwealths, territories, and minor outlying islands of the United States; State and local governments; and multi-State, regional, or interstate entities which have governmental functions). These buildings and works may include, without limitation, bridges, dams, plants, highways, parkways, streets, subways, tunnels, sewers, mains, power lines, pumping stations, heavy generators, railways, airports, terminals, docks, piers, wharves, ways, lighthouses, buoys, jetties, breakwaters, levees, and canals, and the construction, alteration, maintenance, or repair of such buildings and works.

  • 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.

  • Said Land shall have the meaning ascribed to such term in Paragraph I above and which is more fully and particularly described in the First Schedule written hereunder and delineated and demarcated in Annexure – A hereto;

  • Existing Building means a building that (a) was in existence and completely constructed on the date that the Applicant first submitted its Application, or (b) in respect of which the IESO has, in its sole and absolute discretion, issued a written confirmation that the building will be deemed an Existing Building for the purposes of the definition of Rooftop Facility.

  • 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;

  • College property means any property owned, leased, or controlled by a member college of the Virginia Community College System and the administrative office of the Virginia Community College System.

  • Undeveloped Land means, (i) all Real Property set forth on Schedule 1.01D to the 2008 Credit Agreement, (ii) all undeveloped land acquired after the Closing Date and (iii) any operating property of the Borrower or any Subsidiary that is subject to a casualty event that results in such property ceasing to be operational.

  • Common Properties means and refer to those areas of land shown on any recorded subdivision plat of The Properties and intended to be devoted to the common use and enjoyment of the owners of The Properties.

  • adjacent land means all land that borders a property and all land that would have bordered a property, if they were not separated by a river, road, railway line, power transmission line, pipeline, or a similar feature;

  • Unimproved Land means land on which no development (other than improvements that are not material and are temporary in nature) has occurred.

  • Real Estate Asset means, at any time of determination, any interest (fee, leasehold or otherwise) then owned by any Credit Party in any real property.