Common use of EXPLANATORY STATEMENT Clause in Contracts

EXPLANATORY STATEMENT. 6 A. Pursuant to Article II of Chapter 60 of the Harford County Code, as amended (the 7 “Act”), the County Council of Harford County, Maryland (the “County Council”) created the 8 Agricultural Land Preservation and Purchase of Development Rights Program to preserve 9 productive Agricultural Land and Woodland (each as defined in the Act), which provide for the 10 continued production of food and fiber for the citizens of the County. 11 B. By authority of the Act, the Grantee may purchase Development Rights and Family 12 Conveyances (each as defined in the Act) from agricultural landowners by subjecting the subject 13 property to a Development Rights Easement (as defined in the Act) in perpetuity in the manner 14 more specifically provided in the Act. 15 C. The Grantor is the fee simple owner of the hereafter described parcel(s) of 16 Agricultural Land (as defined in the Act) located in the County and desires to sell and convey to 17 the Grantee a Development Rights Easement to restrict the use of such land to Agricultural Use 18 (as defined in the Act) in accordance with the Act and as hereinafter set forth. 19 D. Bill No. , enacted by the County Council on , approved by the County 20 Executive on and effective , authorizes the County to purchase from the Grantor 21 the Development Rights and Family Conveyances in certain Agricultural Land owned by the 22 Grantor and containing not to exceed acres.

Appears in 3 contracts

Samples: Installment Purchase Agreement, Installment Purchase Agreement, Installment Purchase Agreement

AutoNDA by SimpleDocs

EXPLANATORY STATEMENT. 6 A. Pursuant to Article II of Chapter 60 of the Harford County Code, as amended (the 7 “Act”), the County Council of Harford County, Maryland (the “County Council”) created the 8 Agricultural Land Preservation and Purchase of Development Rights Program to preserve 9 productive Agricultural Land and Woodland (each as defined in the Act), which provide for the 10 continued production of food and fiber for the citizens of the County. 11 B. By authority of the Act, the Grantee may purchase Development Rights and Family 12 Conveyances (each as 12 defined in the Act) from agricultural landowners by subjecting the subject 13 property to a 13 Development Rights Easement (as defined in the Act) in perpetuity in the manner 14 more specifically 14 provided in the Act. 15 C. The Grantor is the fee simple owner of the hereafter described parcel(s) of 16 Agricultural Land (as defined in the Act) located in the County and desires to sell and convey to 17 the Grantee a Development Rights Easement to restrict the use of such land to Agricultural Use 18 (as defined in the Act) in accordance with the Act and as hereinafter set forth. 19 D. Bill No. , enacted by the County Council on , approved by the County 20 Executive on and effective , authorizes the County to purchase from the Grantor 21 the Development Rights and Family Conveyances in certain Agricultural Land owned by the 22 Grantor and containing not to 22 exceed acres.

Appears in 3 contracts

Samples: Installment Purchase Agreement, Installment Purchase Agreement, Installment Purchase Agreement

EXPLANATORY STATEMENT. 6 A. Pursuant to Article II of Chapter 60 of the Harford County Code, as amended (the 7 “Act”), the County Council of Harford County, Maryland (the “County Council”) created the 8 Agricultural Land Preservation and Purchase of Development Rights Program to preserve 9 productive Agricultural Land and Woodland (each as defined in the Act), which provide for the 10 continued production of food and fiber for the citizens of the County. 11 B. By authority of the Act, the Grantee may purchase Development Rights and Family 12 Conveyances (each as defined 12 in the Act) from agricultural landowners by subjecting the subject 13 property to a Development 13 Rights Easement (as defined in the Act) in perpetuity in the manner 14 more specifically provided in 14 the Act. 15 C. The Grantor is the fee simple owner of the hereafter described parcel(s) of 16 Agricultural Land (as defined in the Act) located in the County and desires to sell and convey to 17 the Grantee a Development Rights Easement to restrict the use of such land to Agricultural Use 18 (as defined in the Act) in accordance with the Act and as hereinafter set forth. 19 D. Bill No. , enacted by the County Council on , approved by the County 20 Executive on and effective , authorizes the County to purchase from the Grantor 21 the Development Rights and Family Conveyances in certain Agricultural Land owned by the 22 Grantor and containing not to 22 exceed 47.3 acres.

Appears in 1 contract

Samples: Installment Purchase Agreement

EXPLANATORY STATEMENT. 6 A. Pursuant to Article II of Chapter 60 of the Harford County Code, as amended (the 7 “Act”), the County Council of Harford County, Maryland (the “County Council”) created the 8 Agricultural Land Preservation and Purchase of Development Rights Program to preserve 9 productive Agricultural Land and Woodland (each as defined in the Act), which provide for the 10 continued production of food and fiber for the citizens of the County. 11 B. By authority of the Act, the Grantee may purchase Development Rights and Family 12 Conveyances (each as 12 defined in the Act) from agricultural landowners by subjecting the subject 13 property to a 13 Development Rights Easement (as defined in the Act) in perpetuity in the manner more 14 more specifically provided in the Act. 15 C. The Grantor is the fee simple owner of the hereafter described parcel(s) of 16 Agricultural Land (as defined in the Act) located in the County and desires to sell and convey to 17 the Grantee a Development Rights Easement to restrict the use of such land to Agricultural Use 18 (as defined in the Act) in accordance with the Act and as hereinafter set forth. 19 D. Bill No. , enacted by the County Council on , approved by the 20 County 20 Executive on and effective , authorizes the County to purchase from the 21 Grantor 21 the Development Rights and Family Conveyances in certain Agricultural Land owned by the 22 Grantor and 22 containing not to exceed acres.

Appears in 1 contract

Samples: Installment Purchase Agreement

AutoNDA by SimpleDocs

EXPLANATORY STATEMENT. 6 A. Pursuant to Article II of Chapter 60 of the Harford County Code, as amended (the 7 “Act”), the County Council of Harford County, Maryland (the “County Council”) created the 8 Agricultural Land Preservation and Purchase of Development Rights Program to preserve 9 productive Agricultural Land and Woodland (each as defined in the Act), which provide for the 10 continued production of food and fiber for the citizens of the County. 11 B. By authority of the Act, the Grantee may purchase Development Rights and Family (as 12 Conveyances (each as defined in the Act) from agricultural landowners by subjecting the subject 13 property to a 13 Development Rights Easement (as defined in the Act) in perpetuity in the manner more 14 more specifically provided in the Act. 15 C. The Grantor is the fee simple owner of the hereafter described parcel(s) of 16 Agricultural Land (as defined in the Act) located in the County and desires to sell and convey to 17 the Grantee a Development Rights Easement to restrict the use of such land to Agricultural Use 18 (as defined in the Act) in accordance with the Act and as hereinafter set forth. 19 D. Bill No. , enacted by the County Council on , approved by the 20 County 20 Executive on and effective , authorizes the County to purchase from the 21 Grantor 21 the Development Rights and Family Conveyances in certain Agricultural Land owned by the 22 Grantor and 22 containing not to exceed acres.

Appears in 1 contract

Samples: Installment Purchase Agreement

EXPLANATORY STATEMENT. 6 A. Pursuant to Article II of Chapter 60 of the Harford County Code, as amended (the 7 “Act”), the County Council of Harford County, Maryland (the “County Council”) created the 8 Agricultural Land Preservation and Purchase of Development Rights Program to preserve 9 productive Agricultural Land and Woodland (each as defined in the Act), which provide for the 10 continued production of food and fiber for the citizens of the County. 11 B. By authority of the Act, the Grantee may purchase Development Rights and 12 Family 12 Conveyances (each as defined in the Act) from agricultural landowners by subjecting the 13 subject 13 property to a Development Rights Easement (as defined in the Act) in perpetuity in the 14 manner 14 more specifically provided in the Act. 15 C. The Grantor is the fee simple owner of the hereafter described parcel(s) of 16 Agricultural Land (as defined in the Act) located in the County and desires to sell and convey to 17 the Grantee a Development Rights Easement to restrict the use of such land to Agricultural Use 18 (as defined in the Act) in accordance with the Act and as hereinafter set forth. 19 D. Bill No. , enacted by the County Council on , approved by the 20 County 20 Executive on and effective , authorizes the County to purchase from the 21 Grantor 21 the Development Rights and Family Conveyances in certain Agricultural Land owned by the 22 Grantor and 22 containing not to exceed acres.

Appears in 1 contract

Samples: Installment Purchase Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!