Common use of Grant of Conservation Easement Clause in Contracts

Grant of Conservation Easement. Owner hereby creates, establishes, grants, and conveys to City for its benefit and the benefit of the public a conservation easement over the Easement Area to restrict the Easement Area to open space (which may include a surface parking area) and protect and preserve the flood storage capacity of the Easement Area and to restrict development and future use of the Property that will significantly impair or interfere with the flood storage capacity of the Easement Area.

Grant of Conservation Easement. Owner Owners hereby createscreate, establishesestablish, grantsgrant, and conveys convey to City for its benefit and the benefit of the public a conservation easement over the Easement Area to restrict the Easement Area to open space (which may include a surface parking area) and protect and preserve the flood storage capacity of wetlands, tree masses, drainage-way and floodplain within the Easement Area and to restrict development and future use of the Property that will significantly impair or interfere with the flood storage capacity of the Easement Area.Area subject to the following terms and conditions: