Flood Plain Property definition

Flood Plain Property any real property interest located in an area with a flood zone determination subject to mandatory flood insurance acquisition requirements of any applicable Governmental Authority.
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Examples of Flood Plain Property in a sentence

  • Delano may, but is not obligated to, approve a Developer constructed and financed trail within the Flood Plain Property.

  • Delano may approve park dedication requirement credits for the cost of constructing a trail in the Flood Plain Property, so long as such a credit request is submitted to and approved by Delano prior to any construction activities on the Property.

  • Developer agrees that it will not apply for construction of any homes or other structures within the Flood Plain Property or in the 100 year flood area, and Delano will not issue building permits for such purposes.

  • Delano may, but is not obligated to, permit Developer to use the Flood Plain Property for Delano-approved drainage and flood storage.

  • In addition, Developer and Delano agree that Developer’s park dedication requirement will not be satisfied or affected in any manner by this Flood Plain Property conveyance to Delano, nor shall Developer be granted any credits against such park dedication requirements based upon this conveyance.

  • In addition, Developer and ▇▇▇▇▇▇ agree that Developer’s park dedication requirement will not be satisfied or affected in any manner by this Flood Plain Property conveyance to Delano, nor shall Developer be granted any credits against such park dedication requirements based upon this conveyance.