Municipal Reserve Appraisal Agreement Sample Contracts

Contract
Municipal Reserve Appraisal Agreement • June 1st, 2021

MUNICIPAL RESERVE APPRAISAL AGREEMENT Lot Block Plan Subdivision PT ☐ NW ☐ NE ☐ SW ☐ SE ☐ Section Township Range Meridian W4 ☐ W5 ☐ Please note, Section 667(1)(a) of the Municipal Government Act, R.S.A. 2000, Chapter M-26 states:“If money is required to be provided in place of municipal reserve, school reserve or municipal and school reserve, the applicant must provide:(a) a market value appraisal of the existing parcel of land as of a specified date occurring within the 35-day period following the date on which the application for subdivision approval is made:(i) as if the use proposed for the land that is the subject of the proposed subdivision conforms with any use prescribed in a statutory plan or land use bylaw for that land; and(ii) on the basis of what might be expected to be realized if the land were in an unsubdivided state and sold in the open market by a willing seller to a willing buyer on the date on which the appraisal is made.” In accordance with Section 667(1)(

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Contract
Municipal Reserve Appraisal Agreement • January 3rd, 2018

Municipal Reserve Appraisal Agreement Plan Block Lot Subdivision Meridian☐W4 ☐W5(select one) Range Township Section Quarter Section☐PT ☐NW ☐ NE ☐ SW ☐ SE(select one) Please note, Section 667(1)(a) of the Municipal Government Act, R.S.A. 2000, Chapter M-26 states:“If money is required to be provided in place of municipal reserve, school reserve or municipal and school reserve, the applicant must provide:(a) a market value appraisal of the existing parcel of land as of a specified date occurring within the 35 day period following the date on which the application for subdivision approval is made:(i) as if the use proposed for the land that is the subject of the proposed subdivision conforms with any use prescribed in a statutory plan or land use bylaw for that land; and(ii) on the basis of what might be expected to be realized if the land were in an unsubdivided state and sold in the open market by a willing seller to a willing buyer on the date on which the appraisal is made.” In acc

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