Municipal Assets definition

Municipal Assets means any movable, immovable, corporeal, incorporeal, tangible and intangible property to which the municipality holds title;
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Municipal Assets means all property and services of the Municipality, including:
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Municipal Assets means facilities, vehicles, equipment, programs, services, publications, websites or events, owned and operated by the City. This includes assets owned and operated by the City’s Enterprises.
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Examples of Municipal Assets in a sentence

  • All depositories shall obtain the highest amount possible FDIC and or FSLIC coverage of all Municipal Assets (Demand and Certificate of Deposit).

  • Sale of Municipal Assets - The proceeds from the sale of municipal assets can be held in a reserve until anticipated as a revenue in a future budget.

  • Sale of Municipal Assets - Cash proceeds from the sale of Borough owned property may be reserved until utilized as an item of anticipated revenue in a subsequent year budget.

  • Sale of Municipal Assets - Cash proceeds from the sale of Township owned property may be reserved until utilized as an item of anticipated revenue in a subsequent year budget.

  • Sale of Municipal Assets - The proceeds from the sale of municipal assets can be held in a reserve until anticipated as revenue in a future budget.

  • To ensure that no contract procurement of goods and services (excluding land sales or rentals of Overstrand Municipal Assets, which are managed by Property Management Services), takes place outside of the SCM System.

  • The State may transfer the fixed tangible assets belonging to it by the right of ownership to state higher education institutions by the right of trust and under a property trust agreement, the transfer being executed in accordance with the procedure and under the terms and conditions laid down by the Law on the Management, Use and Disposal of State and Municipal Assets, with the exception of the cases provided for in this Chapter.

  • Notwithstanding that Municipal Assets are exempted from rates, the Council reserves the right to determine an amount to be levied for specific land uses, such as municipal assets earmarked for alternative or temporary land uses, such as “business” activities etc., to include rates as an all-inclusive monthly rent payable to Council.

  • Conducting Legal investigation on labour matters, Financial Misconduct, Misuse of Municipal Assets and any other Investigation in relation to the violation of Municipal By Laws and policies depending on the merits of the case as attached in the addendum hereto.

  • The management, use and disposal thereof shall be entrusted to the Fund administrations in accordance with the procedure laid down in the Law of the Republic of Lithuania on the Management, Use and Disposal of the State and Municipal Assets.


More Definitions of Municipal Assets

Municipal Assets means assets owned and/or managed by Council.
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Municipal Assets means all fixed infrastructure unless otherwise stated in this Contract and include bulk services, buildings, structures and other permanent installations owned by the Municipality and managed, operated and maintained by the Contractor;
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Related to Municipal Assets

  • municipal area means the area of jurisdiction of the municipality demarcated in terms of the Local Government: Municipal Demarcation Act 1998 (Act No 27 of 1998);

  • Municipal Act means the Municipal Act, 2001, S.O. 2001, c. 25, as amended;

  • Municipal Property means all property, including lands and buildings, owned, controlled or managed by the Municipality within the Municipal Service Area;

  • General Assets shall have the meaning given it in Section 3.6(a) hereof;

  • Municipal Bonds means "Municipal Bonds" as defined in the Corporation's Registration Statement on Form N-2 (File No. 333-_____) relating to the AMPS on file with the Securities and Exchange Commission, as such Registration Statement may be amended from time to time, as well as short-term municipal obligations.

  • Initial Assets The Assets identified on Schedule I hereto.

  • Municipal waste means solid waste that includes garbage, refuse, and trash generated by households, motels, hotels, and recreation facilities, by public and private facilities, and by commercial, wholesale, and private and retail businesses. The term does not include special waste or industrial waste.

  • Municipal bond means a bond or evidence of indebtedness issued by a municipality or other political subdivision of a state.

  • Physical Assets means equity securities, debt securities, fixed income securities and units in exchanged traded funds.

  • Municipal Pay Point means any municipal office in the area of jurisdiction of the Municipality designated by Council for such purposes, or any such other places as the Chief Financial Officer may from time to time designate.

  • Additional Assets means (i) any property or assets (other than Indebtedness and Capital Stock) in a Related Business; (ii) the Capital Stock of a Person that becomes a Restricted Subsidiary as a result of the acquisition of such Capital Stock by the Company or another Restricted Subsidiary or (iii) Capital Stock constituting a minority interest in any Person that at such time is a Restricted Subsidiary; provided, however, that any such Restricted Subsidiary described in clauses (ii) or (iii) above is primarily engaged in a Related Business.

  • Municipal Code means the Municipal Code of Chicago.

  • Custodial property means an interest in property transferred to a custodian under this act and the income from, and proceeds of, that interest in property.

  • Operating Property means any property owned, leased, or operated by the Party in question or by any of its Subsidiaries or in which such Party or Subsidiary holds a security interest or other interest (including an interest in a fiduciary capacity), and, where required by the context, includes the owner or operator of such property, but only with respect to such property.

  • Government Property means all property owned or leased by the Government. Government property includes both Government-furnished and Contractor-acquired property. Government property includes material, equipment, special tooling, special test equipment, and real property. Government property does not include intellectual property and software.

  • immovable property shall have the meaning which it has under the law of the Contracting State in which the property in question is situated. The term shall in any case include property accessory to immovable property, livestock and equipment used in agriculture and forestry, rights to which the provisions of general law respecting landed property apply, usufruct of immovable property and rights to variable or fixed payments as consideration for the working of, or the right to work, mineral deposits, sources and other natural resources; ships, boats and aircraft shall not be regarded as immovable property.

  • Municipal Property Rates Act means the Local Government: Municipal Property Rates Act, 2004 (Act No. 6 of 2004);

  • Initial assessed value means the assessed value, as equalized, of all the taxable property within the boundaries of the development area at the time the resolution establishing the tax increment financing plan is approved as shown by the most recent assessment roll of the municipality for which equalization has been completed at the time the resolution is adopted. Property exempt from taxation at the time of the determination of the initial assessed value shall be included as zero. For the purpose of determining initial assessed value, property for which a specific local tax is paid in lieu of a property tax shall not be considered property that is exempt from taxation. The initial assessed value of property for which a specific tax was paid in lieu of a property tax shall be determined as provided in subdivision (w).

  • Special Assessments means any of the following, except as otherwise provided in subsection (6):