Council Asset definition

Council Asset means assets and/or chattels that are in the Council’s ownership or control, including Property Assets.
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Council Asset means land and/or chattels that are in the Councils ownership
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Council Asset means any assets owned by the council, tangible or intangible, including but not limited to physical property, land, shares or proprietary rights;
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Examples of Council Asset in a sentence

  • To review the Asset Management Plans prepared by Services and co- ordinate these into an overall Council Asset Management Plan.

  • Ideally these buildings would be sold to the occupier with Council retaining ownership of the reserve land they are situated on.A large number of Commercial Properties are being considered for disposal as part of this Plan, recognising that the property serves no primary purpose as a Council Asset.

  • Where a Disposal of a Council Asset is proposed which is at less than best consideration reasonably obtainable (determined by the market or a qualified Valuer); and where the Council has the power to do so, no Disposal shall be made without the express written approval of the Director of Corporate Services and the appropriate Authorising Body, in consultation with Commercial Services and Legal Services.

  • In all cases where the Disposal of a Council Asset is or includes works and/or services to be performed or goods to be supplied which may result in the transaction being subject to UK / associated Procurement Law then the Responsible Officer shall liaise with Legal Services and shall be responsible for ensuring compliance with UK / associated Procurement Law.

  • The Consent Holder shall enter into a separate bond with Council Asset & Network Unit (Parks) Team to the value of 50% of the cost to replace and replant all street trees.

  • The AUS-SPEC defaults should be revised by Council, in line with the Council Asset Management policy.

  • Following closure, the Walnut Close site will be placed into the management of the Council Asset Management Group for decisions regarding the disposal of the land and building.

  • The savings assume no costs associated in closing Walnut and no redundancy costs.At the conclusion of the closure, the property will be managed by the Council Asset Management Group and depending on the disposal of the property there may be some associated costs ongoing such as securing the premises and business rates.Human Resource:Rebecca Bird (HR Manager) has been involved in discussions regarding redeployment of staff and potential risk of a redundancy.

  • Where a Disposal of a Council Asset is proposed which is at less than best consideration reasonably obtainable (determined by the market or a qualified Valuer), and where the Council has the power to do so, no Disposal shall be made without the express written approval of the Director of Corporate Services and the appropriate Authorising Body and in consultation with Corporate Services and Legal Services.

  • A copy of the report shall also be provided to the Selwyn District Council Asset Manager.


More Definitions of Council Asset

Council Asset means any item, equipment or vehicle issued or made available to the Contractor by the Council in connection with the Contract
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Related to Council Asset

  • Regional asset limit means the maximum housing value in each housing region affordable to a four-person household with an income at 80 percent of the regional median as defined by duly adopted Regional Income Limits published annually by COAH or a successor entity.

  • EU Securitization Regulation means Regulation (EU) 2017/2402 of the European Parliament and of the Council of December 12, 2017.

  • Manufactured home community means the same as land-leased community defined in sections 335.30A and 414.28A.

  • Tax Exempt Bond-Financed Development means a Development which has been financed by the issuance of tax-exempt bonds subject to applicable volume cap pursuant to Section 42(h)(4) of the IRC.

  • Asset includes every kind of property, asset, interest or right, including any present, future or contingent right to any revenues or other payment;

  • Special Assessment means an assessment levied against property to pay all or a portion of the costs of making improvements that benefit the property.

  • land development application means the application for a land development permit on a form provided by [local jurisdiction] along with the supporting documentation required in Section [Y]-10(a).

  • UK Securitization Regulation means Regulation (EU) 2017/2402 as it forms part of UK domestic law as “retained EU law” by operation of the EUWA, and as amended by the Securitisation (Amendment) (EU Exit) Regulations 2019, and as further amended.

  • Securitisation Regulation means Regulation (EU) 2017/2402 of the European Parliament and of the Council of 12 December 2017 laying down a general framework for securitisation and creating a specific framework for simple, transparent and standardised securitisation, and amending Directives 2009/65/EC, 2009/138/EC and 2011/61/EU and Regulations (EC) No 1060/2009 and (EU) No 648/2012, as such may be amended, supplement or replaced from time to time;

  • Initial assessment means an assessment conducted prior to or at admission to determine whether the individual meets the service's admission criteria; what the individual's immediate service, health, and safety needs are; and whether the provider has the capability and staffing to provide the needed services.

  • Conventional Mortgage Loan Any Mortgage Loan that is not an FHA Loan.

  • Ombud ’ means each of the following:

  • Real Estate Asset means, at any time of determination, any interest (fee, leasehold or otherwise) then owned by any Credit Party in any real property.

  • Fixed Asset means a tangible non-current asset, including buildings and equipment, acquired not for sale but for use for the Project during the Eligible Expenditure Period;

  • Economic Development Property means those items of real and tangible personal property of the Project which are eligible for inclusion as economic development property under the FILOT Act and this Fee Agreement, and selected and identified by the Company or any Sponsor Affiliate in its annual filing of a SCDOR PT-300S or comparable form with the Department (as such filing may be amended from time to time) for each year within the Investment Period.

  • Plan Assets Regulation means 29 C.F.R. Section 2510.3-101, et seq., as modified by Section 3(42) of ERISA.

  • Material Real Estate Asset means any fee-owned Real Estate Asset having a Fair Market Value in excess of $5,000,000, as of the date of the acquisition thereof; provided that that the Fair Market Value of all fee-owned Real Estate Assets that are not Material Real Estate Assets shall not exceed $15,000,000 in the aggregate.

  • Financial Asset The meaning specified in Section 8-102(a)(9) of the UCC.

  • Restricted Asset has the meaning specified in Section 2.4(1).