Land Improvements. Land improvements consist of depreciable betterments, other than buildings. Land improvements that have limited lives must be capitalized separately from the land and depreciated over their expected useful lives. Examples include: • Site preparation costs (see paragraph .32b) • Retaining walls • Parking lots • Fencing or gates • Landscaping
Appears in 5 contracts
Samples: Signatory Lease and Operating Agreement, Signatory Lease and Operating Agreement, Signatory Lease and Operating Agreement
