Public improvement definition
Examples of Public improvement in a sentence
Discretely reported component units include The Park Board of Trustees, the Galveston Island Redevelopment Authority which includes four Tax Reinvestment Zones Eleven, Twelve, Thirteen and Fourteen, two Public Improvement Districts: Campeche Shores, and Beachside Village, the Galveston Housing Finance Corporation and the City of Galveston Property Finance Authority and the Board of Trustees of the Galveston Wharves.
In addition, all improvements shall be completed in conformance with the City of Moab Public Improvement Specifications and all state and federal regulations as applicable.
Under a Public Improvement District: • A Public Improvement District is formed over property that will benefit from public improvement projects to be constructed • Assessments are levied in a manner that apportions costs according to the benefits received from the public improvements • Bonds are issued to fund the improvements.
Ten percent (10%) of the amounts certified by the Developer’s engineer shall be retained as security until: (1) all Improvements have been completed, (2) iron monuments for lot corners of the Property have been installed, (3) all financial obligations to the City satisfied, (4) all special assessment have been paid as required by the Public Improvement and Special Assessment and (4) the required “record” plans have been received by the City.
City agrees to install the Public Improvement to serve the Property as more fully set forth on approved plans on file with the Sterling Heights Office of Engineering.