Vacation of Right-of-Way Sample Clauses

Vacation of Right-of-Way. This consolidated Commission Memorandum has been prepared to provide the City Commission with a comprehensive understanding of the proposed Marina Park Project transaction and its interrelated elements. The four main components of the transaction, each of which will be considered on second reading, are as follows:
Sample 1
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Vacation of Right-of-Way. The Seller shall, during the Inspection Period, take the necessary action to vacate the unused right-of-way within the boundary of the Property (the “Vacated Right-of-Way”), and shall file the initial application that is necessary to satisfy this requirement within thirty (30) days after the Effective Date. The value of the Vacated Right-of-Way is included in the Purchase Price. The Purchaser shall provide a legal description for the Vacated Right-of-Way within fifteen (15) days after the Effective Date. In the event that the City has not vacated the Vacated Right-of- Way before the expiration of the Inspection Period, the Inspection Period shall be extended until thirty
Sample 1
Vacation of Right-of-Way. After execution of this Agreement, the City will adopt a street vacation and discontinuance resolution under Wis. Stat. Sec. 66.1003(4) to vacate and discontinue the Raywood Road Right-of-Way through the CSM. Upon adoption of this resolution, under Wis. Stat. Sec. 66.1005(1) the vacated portion of Raywood Road passing through CSM 668 and currently constituting the Raywood Road Right-of-Way shall belong entirely to HMA. HMA agrees to support, or not oppose, this resolution.
Sample 1
Vacation of Right-of-Way. Within sixty (60) days of the Effective Date of this Agreement, the City Commission shall consider a resolution vacating the right of way of North Gulfview between Papaya and San Marco which vacation shall become effective immediately upon Developer taking title to the Project Site.
Sample 1

Related to Vacation of Right-of-Way

  • Right of Way The Site

  • Retention of Rights The JBE retains all rights, title and interest (including all Intellectual Property Rights) in and to the JBE Materials. Subject to rights granted herein, Contractor retains all rights, title and interest (including all Intellectual Property Rights) in and to the Contractor Materials.

  • RIGHT OF FLIGHT Authority reserves, for the use and benefit of the public, a right of flight for the passage of aircraft in the airspace above the surface of the real property owned by Authority, including the Premises, together with the right to cause in said airspace such noise as may be inherent in the operation of aircraft, now known or hereafter used, for navigation of or flight in said airspace, and for the use of said airspace for landing on, taking off from or operating on Airport. Company expressly agrees for itself, its successors and assigns, to restrict the height of structures, objects of natural growth and other obstructions on the Premises to such a height so as to comply with Federal Aviation Regulations, Part 77 and Authority zoning. Company further expressly agrees for itself, its successors and assigns, to prevent any use of the Premises or Common Use Areas that would interfere with or adversely affect the operation or maintenance of Airport, or otherwise constitute an Airport hazard.

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