Real Property Improvement definition

Real Property Improvement. As defined in the definition of “GCI”.
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Real Property Improvement means land, buildings and other structures and improvements thereto, subterranean or subsurface rights, any and all easements, air rights and franchises of any kind or nature; and
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Examples of Real Property Improvement in a sentence

  • To comply with West Virginia Code §11-3-3a concerning County Assessor “Building or Real Property Improvement Notice”.

  • According to DHCD, Real Property Improvement Tax Credits had to have been taken for the tax year in which the real property was placed in service.

  • When work bid proposals are complete, loan approval obtained, and the bid awarded to the most responsible bidder, Staff shall present each eligible applicant a Real Property Improvement Agreement.

  • The property owner may reject the contractor recommended by Staff and the other property owners, in which case the property owner's project shall be re-advertised in the next bid cycle, if any.Upon selection and approval by Staff and property owners of the contractor and execution of the Real Property Improvement Agreement (which will list work as described in bid specifications), the contractor will carry out the required work under the supervision of Staff.

  • All Material Real Property Improvements are in compliance with all applicable Laws, except to the extent that failure to so comply would not (i) prevent the use of such Material Real Property Improvement as currently operated or (ii) cause Purchaser or its Affiliates to be subject to fines, penalties or remediation of a material amount.

  • The Real Property Improvement Grants portion of the Enterprise Zone Program was prorated at 69 percent in fiscal year 2014 and 67 percent in fiscal year 2015 (the most recent annual report available).

  • Property owners and Staff shall release Program grant proceeds in installment payments, less 5% retention, to the contractor during the construction period in accordance with the Real Property Improvement Agreement.

  • Upon selection and approval by Staff and the Property Owners of the contractor and execution of the Real Property Improvement Agreement (which will list work as described in bid specifications), the contractor will carry out the required work under the supervision of Staff.

  • Improvement to Real Property Improvement is defined as including a building except a residential building.13 It has been further defined as “a permanent addition to or betterment of real property that enhances its capital value and that involves the expenditure of labor and money and is designed to make the property more useful or valuable as distinguished from ordinary repairs.”14 Butler provided the products that Merit Builders used to construct the Janosik Building.

  • A Real Property Improvement Authorization (Appendix 3E) grants the applicant the limited use of a City easement for a designated purpose.

Related to Real Property Improvement

  • Leasehold Improvements means all buildings, structures, improvements and fixtures located on any Leased Real Property which are owned by Company or any Company Subsidiary, regardless of whether title to such buildings, structures, improvements or fixtures are subject to reversion to the landlord or other third party upon the expiration or termination of the lease for such Leased Real Property.

  • Condominium Property means the lands, leaseholds, and personal property that are subjected to condominium ownership, whether or not contiguous, and all improvements thereon and all easements and rights appurtenant thereto intended for use in connection with the condominium.

  • Needs Improvement the Educator’s performance on a standard or overall is below the requirements of a standard or overall, but is not considered to be unsatisfactory at this time. Improvement is necessary and expected.  Unsatisfactory: the Educator’s performance on a standard or overall has not significantly improved following a rating of needs improvement, or the Educator’s performance is consistently below the requirements of a standard or overall and is considered inadequate, or both.

  • Condominium Project Real estate including the separate ownership in fee, or on a satisfactory leasehold estate, of a particular residential unit with an indivisible interest in the real estate designated for common ownership strictly by unit owners.

  • Site Improvements means any construction work on, or improvement to, streets, roads, parking facilities, sidewalks, drainage structures and utilities.

  • Mixed-use property means an eligible property that includes three or more residential units and may also contain a commercial property component in the same building.

  • Project Improvements means site improvements and facilities that are:

  • Improvements means the buildings, structures, improvements, and alterations now constructed or at any time in the future constructed or placed upon the Land, including any future replacements and additions.

  • Home improvement means the remodeling, altering,

  • the Land means the land on which the development would be carried out or, in relation to development already carried out, has been carried out;

  • Rental Property means a hotel room, vacation home, or other rental property You booked for Your stay during Your Trip.

  • Residential rental property means property that is used solely as leased or rented property for residential purposes. If the property is a space rental mobile home park, residential rental property includes the rental space that is leased or rented by the owner of that rental space but does not include the mobile home or recreational vehicle that serves as the actual dwelling if the dwelling is owned and occupied by the tenant of the rental space and not by the owner of the rental space.

  • Infrastructure improvement means permanent infrastructure that is essential for the public health and safety or that:

  • Project means the goods or Services described in the Signature Document or a Work Order of this Contract.

  • Improvement Costs means any additional expenditure on a fixed asset that materially increases the capacity of the asset or materially improves its functioning or represents more than 10% of the initial depreciation base of the asset;

  • Residential real property means real property improved by a one to four family dwelling used or occupied, or intended to be used or occupied, wholly or partly, as the home or residence of one or more persons, but shall not refer to (a) unimproved real property upon which such dwellings are to be constructed or (b) condominium units or cooperative apartments or (c) property on a homeowners’ association that is not owned in fee simple by the seller.

  • Infrastructure Improvements means a street, road, sidewalk, parking facility, pedestrian mall, alley, bridge, sewer, sewage treatment plant, property designed to reduce, eliminate, or prevent the spread of identified soil or groundwater contamination, drainage system, waterway, waterline, water storage facility, rail line, utility line or pipeline, transit-oriented development, transit-oriented property, or other similar or related structure or improvement, together with necessary easements for the structure or improvement, owned or used by a public agency or functionally connected to similar or supporting property owned or used by a public agency, or designed and dedicated to use by, for the benefit of, or for the protection of the health, welfare, or safety of the public generally, whether or not used by a single business entity, provided that any road, street, or bridge shall be continuously open to public access and that other property shall be located in public easements or rights-of-way and sized to accommodate reasonably foreseeable development of eligible property in adjoining areas. Infrastructure improvements also include 1 or more of the following whether publicly or privately owned or operated or located on public or private property:

  • Expansion Project has the meaning set forth in Section IV.3.a of this Agreement.

  • Substitute Improvements means the substitute or additional improvements of the Issuer described in Article V hereof.

  • Minimum Improvements means the acquisition of land and construction of a 152-unit market rate residential apartment building, construction of a stormwater pond and related improvements. The Minimum Improvements are more fully depicted in Exhibit B, which is attached hereto and incorporated herein.

  • Building Project means the aggregate combined parcel of land on a portion of which are the improvements of which the Premises form a part, with all the improvements thereon, said improvements being a part of the block and lot for tax purposes which are applicable to the aforesaid land.

  • Public improvement costs means the costs of:

  • Public Improvements means only the following improvements: housing facilities; garbage disposal plants; rubbish disposal plants; incinerators; transportation systems, including plants, works, instrumentalities, and properties used or useful in connection with those systems; sewage disposal systems, including sanitary sewers, combined sanitary and storm sewers, plants, works, instrumentalities, and properties used or useful in connection with the collection, treatment, or disposal of sewage or industrial wastes; storm water systems, including storm sewers, plants, works, instrumentalities, and properties used or useful in connection with the collection, treatment, or disposal of storm water; water supply systems, including plants, works, instrumentalities, and properties used or useful in connection with obtaining a water supply, the treatment of water, or the distribution of water; utility systems for supplying light, heat, or power, including plants, works, instrumentalities, and properties used or useful in connection with those systems; approved cable television systems, approved cable communication systems, or telephone systems, including plants, works,

  • Mixed-use project means a project comprising both a qualified

  • Residential property means improved property that:-

  • Private Improvements means the improvements to be constructed on the Property that are not Public Improvements.