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Donated Land definition

Donated Land means land on which the Project will be built for which title is transferred to the Applicant and for which no consideration is provided and for which no costs are included in Section I Acquisition Costs of the Development Budget on Pages 8 - 11 of Form 3.

Examples of Donated Land in a sentence

  • A land Appraisal is not required for Donated Land on a New Construction Project or on leased land.

  • Donated Land Acquired with Federal Funds: The property must have been acquired and donated specifically for HOME-assisted or HOME match-eligible housing.

  • Donated Land Acquired with Non-Federal Resources – The land must be donated to HOME-assisted or HOME match-eligible housing.

  • Donated Land: The value, before the HOME/SCHDF/LIHTC assistance is provided and minus any debt burden, lien, or other encumbrance, of donated land or other related property acquired with non- federal resources.Appraised Value: $ Less Debt: - $ Less Acquisition Costs (if any): - $ Equals Value of Match: $ 0.00 $ 0.00Note: The value must be established by an appraisal, performed by an independent, certified appraiser.

  • Receiving a Grant PaymentThe DNCR Controller’s Office issues electronic reimbursement payments that are deposited into the Grantee’s bank account via the state’s E-Pay system.Using Donated Land as Local Match A Grantee can use the appraised value of donated land as all or as part of the local matching funds.

  • Several Consortium communities have linkage and/or inclusionary zoning requirements which provide either affordable housing units or funds for affordable housing.5. Local funds from some cities and towns provide other resources such as CDBG and Housing Trust funds.6. Municipality Donated Land.

  • TheController’s Office issues electronic reimbursement payments that are deposited into the Grantee’s bank account via the state’s E-Procurement system.Using Donated Land as Match A Grantee can use the appraised value of donated land as all or as part of the 50% local match.

  • All the changed site location of proposed substations of the project will be built on government land / Donated Land.

  • This is a Repeat Finding.2021-03: Ensure Compliance with Conflict of Interests Act Veterans and Defense Affairs Department of Veterans Services 2021-01: Record Donated Land in Capital Asset Accounting System 2021-02: Properly Classify Federal Grants on Financial Attachments 2021-03: Strengthen System Access over Financial Reporting System Sitter-Barfoot Veterans Care Center 2021-01: Strengthen System Access over Financial Reporting System2021-02: Ensure Annual System Access Reviews are Performed.

  • The approximate value of North Parcel Donated Land is Developer agrees to sell to the City at a cost to be determined by a qualified appraiser mutually agreed to by the City and Developer approximately one hundred thirty-one (131 +/-) acres of land from the North Parcel for open space and airport uses.

Related to Donated Land

  • Said Land shall have the meaning ascribed to such term in Recital XVIII of this Agreement and which is more fully and particularly described in the Second Schedule written hereunder and delineated and demarcated in Annexure – B hereto;

  • Developed Land means all Developable Land of the Company and its Restricted Subsidiaries which is undergoing active development or is ready for vertical construction.

  • Undeveloped Land means (a) land owned in fee by the Borrower or any Subsidiary as of December 31, 2011 which at the time of determination has not been developed for commercial or residential purposes, (b) land acquired by the Borrower or any Subsidiary subsequent to December 31, 2011 pursuant to a Code section 1031 like-kind exchange (in exchange for land described in clause (a) or (b) of this definition) which at the time of determination has not been developed for commercial or residential purposes, or (c) capital stock or other equity interests of a Subsidiary which owns as its principal asset, directly or indirectly, Undeveloped Land described in clause (a) or (b) of this definition.

  • Unimproved Land means land on which no development (other than improvements that are not material and are temporary in nature) has occurred.

  • Timberland means land, other than land owned by the federal government and land designated by the board as experimental forest land, which is available for, and capable of, growing a crop of trees of a commercial species used to produce lumber and other forest products, including Christmas trees. Commercial species shall be determined by the board on a district basis.

  • Timberlands means, as of any date of determination, all real property owned by or leased to the Borrower or any Subsidiary that is suitable for Timber production, natural resource development or real estate development. For the avoidance of doubt, “Timberlands” shall exclude property, plant and equipment of the Borrower and its Subsidiaries associated with their manufacturing activities.

  • State land means land which vests in the national or a provincial government, and includes land below the high water mark and the Admiralty Reserve, but excludes land belonging to a local authority;

  • communal land means land under the jurisdiction of a traditional council determined in terms of section 6 of the Eastern Cape Traditional Leadership and Governance Act, (Act 4 of 2005) and which was at any time vested in -

  • Affected land means the area of land from which overburden has been removed or upon which overburden has been deposited, or land which has otherwise been disturbed, changed, influenced, or altered in any way in the course of mining, including processing and stockpile areas but not including roads.

  • Cemetery means 1 or a combination of more than 1 of the following:

  • Project Land means any parcel or parcels of land on which the project is developed and constructed by a promoter;

  • Land means the land described in Exhibit A.

  • private land means any land that has been or may hereafter be alienated from the Crown for any estate of freehold, or is or may hereafter be the subject of any conditional purchase agreement, or of any lease or concession with or without a right of acquiring the fee simple thereof (not being a pastoral lease within the meaning of the Land Administration Act 1997 or a lease or concession otherwise granted by or on behalf of the Crown for grazing purposes only or for timber purposes or a lease of Crown land for the use and benefit of the Aboriginal inhabitants) but —

  • Agricultural land means land suitable for use in farming.

  • Mixed-use property means an eligible property that includes three or more residential units and may also contain a commercial property component in the same building.

  • School property means in or within any building, structure, athletic playing field, playground, parking lot or land contained within the real property boundary line of a public elementary or secondary school, or in or on a school bus, as defined in Vehicle and Traffic Law §142.

  • Leased Land means land which is the subject of a lease granted under section 60 or 93G; S. 3 def. of "lessee" amended by No. 39/1997 s. 4(2)(b).

  • residential land means land used or capable of being used for residential purposes (but does not include land on which there is no residential dwelling).

  • Acreage means the number of acres of land area of an Assessor's Parcel as shown on an Assessor's Parcel Map, or if the land area is not shown on an Assessor’s Parcel Map, the Board may rely on the land area shown on the applicable final map, parcel map, condominium plan, or other recorded County parcel map.

  • Public land means land owned by the federal government, the state, or political subdivisions of the state and land acquired or developed for public recreation pursuant to section 321I.8.

  • The Properties means and refer to all such existing properties, and additions thereto, as are subject to this Declaration or any Supplemental Declaration under the provisions of Article II hereof.

  • Lands means the purchase of real property or interest in real property.

  • Agricultural lands means land currently used for the purpose of producing an agricultural commodity for commercial purposes, land left fallow under a crop rotational program, or land enrolled in an agricultural subsidy or set-aside program.

  • Tribal Land means all lands within the exterior boundaries of any land formally designated by the federal government as a Tribal reservation or land set apart by the federal government for a Tribe’s use such as pueblos and tribal trust lands but it does not include land that the Tribe acquired legal title through non-federal designation or award, unless 1) the tribe has obtained a federal public law stating that the Tribal members who reside in a particularly named area shall be considered (without any fiscal year limitation) for the purposes of the United States Housing Act of 1937 or such other federal housing law as residing on an Indian reservation or other Indian area; or 2) the tribe has acquired the land under Public Law 99-503 that provided for the replacement of certain lands within the Gila Bend Indian Reservation, the Secretary of the Interior holds such land in trust for the benefit of the tribe, and such land is deemed to be a Federal Indian Reservation for all purposes. The Project must be wholly located in the particular area stated in the federal public law to be considered to be Tribal Land.

  • Cropland means land used for the production of adapted crops for harvest, alone or in a rotation with grasses and legumes, and includes row crops, small grain crops, hay crops, nursery crops, orchard crops, and other similar specialty crops.

  • Real Property Assets means as to any Person as of any time, the real property assets (including interests in participating mortgages in which such Person’s interest therein is characterized as equity according to GAAP) owned directly or indirectly by such Person at such time.