Land Swap definition

Land Swap means the agreement between HODC and Mt. Pisgah to “trade” properties once HODC was the legal owner of the parcels comprising the Corner Lot, which was introduced by the City Council on June 26, 2023.
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Land Swap. The apartment site is currently 19.68 acres, however, a land swap agreement is in place with the Town of Knightdale. The buyer will give Tract A, in the floodway, in exchange for Tract B which yields an additional 54 apartment units. The resulting acreage is approxi- mately 16.55 acres but is subject to a final survey.
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Land Swap means the disposition of vacant land with the City of Chicago in exchange for comparable or greater acreage and/or value of land for CHA development of mixed income residential housing, commercial, or other uses.
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Examples of Land Swap in a sentence

  • The parties shall make best efforts to negotiate and execute (x) a Master Operating Agreement (“MOA”); and including a land swap contemplated in the February 2006 MOU (the “Land Swap”) within six months of the date of this MoU subject to receipt of any required governmental approval; provided, that, in any case, the MOA and the Land Swap shall be executed contemporaneously.

  • Transfer of title for the Land Swap shall occur within sixty (60) days after Developer obtains full unconditional site plan review approval from the City of Portsmouth Planning Board (hereinafter the “Planning Board”).

  • The County shall pursue a land swap agreement with HRD whereby 3 for zero dollars HRD would convey in fee simple to the County the New Central Library 4 Site shown on Exhibit “C” or a similar site that accommodates a similar development plan 5 in Crescent Area 3 as mutually agreed by the Parties, and the County intends to convey the 6 Existing Central Library Site to HRD (“The Library Land Swap Election”).

  • The County shall pursue a land swap agreement with HRD whereby 3 for zero dollars HRD would convey in fee simple to the County the New Central Library 4 Site shown on Exhibit “C” or a similar site that accommodates a similar development plan 5 in ▇▇▇▇▇▇▇▇ ▇▇▇▇ ▇ as mutually agreed by the Parties, and the County intends to convey the 6 Existing Central Library Site to HRD (“The Library Land Swap Election”).

  • Government entities have issued restrictions on certain travel, requirements for self-isolation, and closure of government and private offices whose services may be required to fulfill the terms of the Land Swap Agreement including, but not limited to, funding, closing, and recording real estate transactions.

  • Contemporaneously with the aforementioned exchange of property, DEVELOPER will also grant an easement to the Town over DEVELOPER’S property containing the apartments on the southwest portion of the Mall Tract, for the Town to connect property fronting Broad Creek (and to be conveyed to the Town pursuant to the Land Swap and Concept Plan) to the pathway located on Shelter Cove Lane by virtue of a multi-purpose pathway.

  • Therefore, prior to the Land Swap as described in Article IV(C) above, the Town and DEVELOPER will terminate the existing Parking License Agreement, dated November 8, 2001, related to the Mall Tract.

  • Design (necessary to establish boundaries of parcels included in Land Swap).

  • After the Land Swap is consummated, the Town shall assume all ownership and ongoing maintenance rights/responsibilities in connection with any portions of this multi-purpose pathway located on property owned by the Town.

  • The total acreage for the Mall Tract is currently 41.92 acres (prior to the Land Swap as hereafter described), more or less, located within the Town of Hilton Head Island, South Carolina, more fully described in that certain plat entitled “Boundary Reconfiguration of Shelter Cove Mall Area, A Section of Shelter Cove” (“Reconfiguration Plat”) dated October 24, 2013, prepared by Surveying Consultants, recorded in the Register of Deeds Office for Beaufort County, South Carolina, in Plat Book 138 at Page 1.