Community assets definition

Community assets means any property or income which by custom belongs to or has been administered for the benefit of the villagers in common, or has been created through contribution of voluntary labour by the villagers, or has been created by the State Government. (20-23 As amended in 2014).
Community assets means any asset that contributes to the community’s well-being such as parks, libraries and fire stations;
Community assets means assets belonging to Government, Government Controlled Organisations, Local Bodies, Voluntary Organisations and individuals which are created for the beneficial

Examples of Community assets in a sentence

  • Community assets generally consist of individuals, associations and voluntary networks, historical and cultural resources, natural landscapes (including renewable and nonrenewable material resources), financial assets, the built environment, including transportation networks, communication facilities, utilities, public facilities and commercial buildings, and institutions such as schools, hospitals, and government agencies.

  • This Agreement does not give Resident or Resident Representative any property right or management interest in the Community or any Community assets.

  • It is agreed that the IEEE Brain Technical Community may be dissolved or restructured by the consent of all Members or as instructed by the IEEE and by subsequent vote of the Steering Committee of the IEEE Brain Technical Community to such affect and only after providing adequate timing and administrative actions to fulfill the obligations of the Community thereby allowing a controlled and orderly dissolution or restructure and/or distribution of Community assets and programming.

  • Community Assets: Community assets may be buildings or land, of value to a local community (the definition can sometimes be used more widely to refer to other things of value e.g. resources, specific knowledge or equipment).


More Definitions of Community assets

Community assets means infrastructure, trees, and any urban improvement;".
Community assets means assets belonging to Government, Government Controlled Organizations, Local bodies, Voluntary Organizations, and individuals which are created for the beneficial use of public at large without profit motive.]

Related to Community assets

  • Community association means an association in which membership is a condition of ownership or shareholder interest of a unit in a condominium, cooperative, townhouse, villa, or other residential unit that is part of a residential development plan as a master association or common interest community and that is authorized to impose an assessment and other costs that may become a lien on the unit or lot.

  • Community air carrier means an air carrier with a valid operating licence granted by a Member State in accordance with Council Regulation (EEC) No 2407/92 of 23 July 1992 of licensing of air carriers(7) ;

  • Community rehabilitation program (CRP) means a program that directly provides or facilitates the provision of vocational rehabilitation services to individuals with disabilities, and provides singly or in combination, services for an individual with a disability to enable the individual to maximize opportunities for employment, including career advancement.

  • Affordable housing development means a development included in the Housing Element and Fair Share Plan, and includes, but is not limited to, an inclusionary development, a municipal construction project or a 100 percent affordable development.

  • Community basin means an infiltration system, sand filter designed to infiltrate, standard constructed wetland, or wet pond, established in accordance with N.J.A.C. 7:8-4.2(c)14, that is designed and constructed in accordance with the New Jersey Stormwater Best Management Practices Manual, or an alternate design, approved in accordance with N.J.A.C. 7:8-5.2(g), for an infiltration system, sand filter designed to infiltrate, standard constructed wetland, or wet pond and that complies with the requirements of this chapter.