Industrial park conservation area definition

Industrial park conservation area means an area within the boundaries of a redevelopment project area located within the territorial limits of a municipality that is a labor surplus municipality or within 1 1/2 miles of the territorial limits of a municipality that is a labor surplus municipality if the area is annexed to the municipality; which area is zoned as industrial no later than at the time the municipality by ordinance designates the redevelopment project area, and which area includes both vacant land suitable for use as an industrial park and a blighted area or conservation area contiguous to such vacant land.
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Industrial park conservation area means an area
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Industrial park conservation area means an area within the boundaries oE a redevelopment project area located within the territorial limits oE a municipality that is a labor surplus municipality or within 1 1/2 miles oE the territorial limits oE a municipality that is a labor surplus municipality iE the area is annexed to the municipality; which area is zoned as industrial no later than at the time the municipality by ordinance designates the redevelopment project area, and which area includes both vacant land suitable Eor use as an industrial park and a blighted area or conservation area contiguous to such vacant land.
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More Definitions of Industrial park conservation area

Industrial park conservation area means an area within the boundaries of a redevelopment
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Industrial park conservation area means an area within the boundaries of a redevelopment project area located within the corporate limits of a municipality or within 1 1/2 miles of the corporate limits of a municipality if the area is to be annexed to the municipality, if the area is zoned as industrial no later than the date on which the municipality by ordinance designates the redevelopment project area, and if the area includes improved or vacant land suitable for use as an industrial park or a research park, or both. To be designated as an industrial park conservation area, the area shall also satisfy one of the following standards:
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Industrial park conservation area means an area within the boundaries of a Redevelopment Project Area located within the territorial limits of a municipality that is a labor surplus municipality or within 1½ miles of the territorial limits of a municipality that is a labor surplus area if the area is annexed to the municipality; which area is zoned industrial no later than at the time the municipality by ordinance designates the Redevelopment Project Area, and which area includes both Vacant Land suitable for use as an industrial park and a blighted area or conservation area contiguous to such Vacant Land. The Redevelopment Project Area is not being qualified as an Industrial Park Conservation Area. _ _ _ _IV. ELIGIBILITY CONCLUSIONS This report concludes that the Oakland-Sycamore Redevelopment Project Area #3 is eligible for Tax Increment Finance (“TIF”) designation as a Blighted Area Improved Land.Analysis of Factors for Designation as a “TIF” Blighted AreaThe Redevelopment Project Area meets the requirements of the Act for designation ofImproved Land as a Blighted Area. Improved LandThe Redevelopment Project Area meets the requirements of Section 11-74.4-3 (a) (1), (B), (C), (D), (F), (H), (J), and (L) of the Act for designation of Improved Land as a Blighted Area. For designation as a Blighted Area for Improved Land, five or more of thirteen factors must be met. The following seven factors are present in the Improved Land: • Obsolescence• Deterioration• Below Minimum Code• Deleterious Land Use or Layout• Excessive Vacancies• Inadequate utilities• Community Planning Analysis of Factors Presence and Distribution There must be a reasonable presence of and distribution of these factors in the Redevelopment Project Area, as stated in the Act. The factors presented are reasonably present and distributed in the Improved Land in the Redevelopment Project Area. Analysis of Size RequirementsThe Redevelopment Project Area includes approximately 16.25 acres, in excess of the minimum 1½ acres required by the Act. Analysis of Evidence Lack of Development by Private Enterprise There are excessive vacancies. The largest parcels in the Redevelopment Project Area are tax exempt and, therefore, have no Equalized Assessed Valuation (“EAV “).The City has pursued developers, but without financial incentives, has been unable to attract developers to the Redevelopment Project Area. The obsolete and deteriorated nature of residential and governmental properties has resulted in little development in these areas...
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Related to Industrial park conservation area

  • conservation area means any improved area within the boundaries of a redevelopment project area located within the territorial limits of the municipality in which 50% or more of the structures in the area have an age of 35 years or more. Such an area is not yet a blighted area but because of a combination of 3 or more of the following factors may be considered as a “conservation area”:

  • Ex-situ conservation means the conservation of components of biological diversity outside their natural habitats.

  • In-situ conservation means the conservation of ecosystems and natural habitats and the maintenance and recovery of viable populations of species in their natural surroundings and, in the case of domesticated or cultivated species, in the surroundings where they have developed their distinctive properties.

  • Industrial park means an area in a blighted or conservation area suitable for use by any manufacturing, industrial, research or transportation enterprise, of facilities to include but not be limited to factories, mills, processing plants, assembly plants, packing plants, fabricating plants, industrial distribution centers, warehouses, repair overhaul or service facilities, freight terminals, research facilities, test facilities or railroad facilities.

  • industrial premises means any place or premises (not being a private dwelling house), including the precincts thereof, in which or in any part of which any industry, trade, business, occupation or manufacturing is being ordinarily carried on with or without the aid of power and includes a godown attached thereto;

  • rural areas means any area within the county located outside the

  • Conservation easement means a nonpossessory interest of a holder in real property imposing limitations or affirmative obligations the purposes of which include retaining or protecting natural, scenic, or open-space values of real property, assuring its availability for agricultural, forest, recreational, or open-space use, protecting natural resources, maintaining or enhancing air or water quality, or preserving the historical, architectural, archaeological, or cultural aspects of real property.

  • Industrial building means a building used for or in connection with,

  • Industrial Property – means property used for construction, repair, trade or manufacturing, production, assembly or processing of finished or partially finished products from raw materials or fabricated parts on such a large scale that capital and labour are significantly involved, and includes any office or other accommodation on the same property, the use of which is incidental to such activity;

  • apartment building means a residential use building, or the residential use portion of a mixed-use building, other than a townhouse or stacked townhouse containing four or more dwelling units each of which shall have access to above grade common halls, stairs, elevators, and yards;

  • townsite in relation to the townsite to be established near the harbour means a townsite (whether or not constituted and defined under section 10 of the Land Act) primarily to facilitate the Company’s operations in and near the harbour and for employees of the Company and in relation to the mining areas means such a townsite or townsites or any other townsite or townsites which is or are established by the Company for the purposes of its operations and employees on or near the mining areas in lieu of a townsite constituted and defined under section 10 of the Land Act;

  • Urban area means Maricopa and Pima counties, excluding Tribal Lands.

  • Rural area means any county with a population of fewer than twenty thousand individuals. "Small business concern," as used in this clause, means a concern, including its affiliates, that is

  • Redevelopment Area means the community redevelopment area described, defined or otherwise identified or referred to in the Redevelopment Plan.

  • Easement Area means the area of the servient lot marked on the survey-strata plan as being subject to the relevant easement; and

  • exploration area means that part of the Area allocated to the Contractor for exploration, described in schedule 1 hereto, as the same may be reduced from time to time in accordance with this contract and the Regulations;

  • industrial effluent means any liquid, whether or not containing matter in solution or suspension, which is emitted in the course of or as a result of any trade or industrial operation, including a mining operation, and includes any liquid besides soil water or waste water or stormwater;