County Property in Village Sample Clauses

County Property in Village. 1 The agreement contemplates the City purchasing the easement from the County, with payment due within three (3) years. A Village 1 developer (likely Silverado Homes with the Hidden Hills project) will be responsible for payment to the County with no City contributions. The agreement also provides for dedication of the existing Oak Tree Lane parcel (currently owned by the County) to be dedicated in fee by the County to the City. The City currently maintains this section of the road to be dedicated and has since before the Village 1 annexation. Figure 2 below shows the proposed easements and dedications adjacent to the County parcel. Purchase and Sale Agreement of Easements in Village 1 Figure 2 - Proposed County Easement and Land Dedications The area in which Oak Tree Lane is located is next to a parcel owned by the County which may be sold eventually and the County requests the City acknowledge the parcel and agree that no affordable housing or inclusionary component will be required on that site. Further, this area of Oak Tree Lane is next to the former missile site and that site is the subject of ongoing clean up and groundwater contamination. For this reason, the agreement contemplates an easement, rather than acquiring a fee interest. In order for Purchase and Sale Agreement of Easements in Village 1 Village 1 developers to complete the proposed improvements, right-of-way dedications must be obtained from the County for construction and ultimate dedication to the City. FINDINGS/ANALYSIS: City staff and Village 1 development stakeholders have been communicating with County staff to negotiate terms and conditions for dedications of these easements along the County Corporation Yard frontage. The attached agreement stipulates terms (cost) for the easement dedications, which also includes relinquishment of the existing Oak Tree Lane Parcel owned by the County, to the City of Lincoln. The agreement will be effective for a term of 3-years from the date of execution, which will provide a reasonable timeline for a Village 1 developer to move forward with payment of the negotiated value to the County prior to recordation of the easement (and property) dedications. At this time Hidden Hills subdivision project (by Silverado Homes) is currently being processed by the City for a Tentative Subdivision Map and related approvals. We anticipate this project will move forward to Planning Commission and City Council this summer for Public Hearings. The Hidden Hills subd...
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Related to County Property in Village

  • Access to Property, Property’s Management, Property Lender, and Property Tenants Potential Investor agrees to not seek to gain access to any non-public areas of the Property or communicate with Property’s management employees, the holder of any financing encumbering the Property, the Property’s tenants, and the Owner’s partners in the ownership of the Property, without the prior consent of Owner or HFF, which consent may be withheld in the Owner’s sole discretion.

  • City Property All original documents, drawings, electronic media, and other materials prepared by CONTRACTOR pursuant to this Agreement immediately become the exclusive property of the CITY, and shall not be used by CONTRACTOR for any other purpose without the CITY’s prior written consent.

  • County The term COUNTY refers to the Board of County Commissioners of Lee County, a charter County and political subdivision of the State of Florida, and any official or employee duly authorized to act on the COUNTY'S behalf relative to this Agreement.

  • Real Estate All real property at any time owned or leased (as lessee or sublessee) by the Borrower or any of its Subsidiaries.

  • Real Estate Taxes and Special Assessments The 2022 calendar year real estate taxes due and payable in 2023 shall be paid by Seller. Seller shall credit Buyer(s) at closing for said 2022 real estate taxes payable in 2023 based on the most recent ascertainable tax figures. Xxxxx is responsible for all subsequent real estate taxes.

  • PROPERTY IMPROVEMENTS Improvements placed on National Forest System land at the direction of either of the parties, shall thereupon become property of the United States, and shall be subject to the same regulations and administration of the Forest Service as other National Forest improvements of a similar nature. No part of this instrument shall entitle the cooperator to any share or interest in the project other than the right to use and enjoy the same under the existing regulations of the Forest Service.

  • Personal Property Insurance Lessee shall obtain, at Lessee's sole cost and expense, a policy of fire and extended coverage insurance including coverage for direct physical loss special form, and a sprinkler leakage endorsement insuring the personal property of Lessee. The proceeds from any personal property damage policy shall be payable to Lessee. All insurance policies required in 6 C) and 6 D) above shall: (i) provide for a certificate of insurance evidencing the insurance required herein, being deposited with Lessor ten (10) days prior to the Commencement Date, and upon each renewal, such certificates shall be provided 15 days prior to the expiration date of such coverage, (ii) be in a form reasonably satisfactory to Lessor and shall provide the coverage required by Lessee in this Lease, (iii) be carried with companies with the a Best Rating of A minimum, (iv) specifically provide that such policies shall not be subject to cancellation or reduction of coverage, except after 30 days prior written notice to Lessor, (v) name Lessor, Lessor's lender, and any other party with an insurable interest in the Premises as additional insureds by endorsement to policy, and (vi) shall be primary. Lessee agrees to pay to Lessor, as additional Rent, on demand, the full cost of the insurance policies referenced in 6 A) and 6 B) above as evidenced as insurance xxxxxxxx to Lessor which shall be included in the CAC. If Lessee does not occupy the entire Premises, the insurance premiums shall be allocated to the portion of the Premises occupied by Lessee on a pro-rata square footage or other equitable basis, as determined by Lessor. It is agreed that Lessee's obligation under this paragraph shall be prorated to the reflect the Commencement Date and the end of the Lease Term. Lessor and Lessee hereby waive any rights each may have against the other related to any loss or damage caused to Lessor or Lessee as the case may be, or to the Premises or its contents, and which may arise from any risk covered by fire and extended coverage insurance and those risks required to be covered under Lessee's personal property insurance. The parties shall provide that their respective insurance policies insuring the property or the personal property include a waiver of any right of subrogation which said insurance company may have against Lessor or Lessee, as the case may be.

  • County Data Nothing in this Agreement will be construed to waive the requirements of § 205.009 of the Texas Local Government Code.

  • Personal Property Taxes (a) Lessee shall pay prior to delinquency all taxes assessed against and levied upon trade fixtures, furnishings, equipment and all other personal property of Lessee contained in the Premises or elsewhere. When possible, Lessee shall cause said trade fixtures, furnishings, equipment and all other personal property to be assessed and billed separately from the real property of Lessor.

  • Personal Property Loss An employee's personal property loss or damage by the action of a client shall be replaced or repaired at the expense of the Employer to a maximum of seven hundred and fifty ($750.00) dollars, subject to integration with one hundred (100%) per cent coverage by Workers' Compensation Board, provided that reasonable proof of the cause of such damage is submitted by the employee concerned within reasonable time of such loss or damage.

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