Perpetual conservation easement definition

Perpetual conservation easement means a conservation easement in gross, as described in article 30.5 of title 38, C.R.S., that qualifies as a perpetual conservation restriction pursuant to section 170 (h) of the federal "Internal Revenue Code of 1986", as amended, and any regulations issued thereunder.
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Perpetual conservation easement means an easement on real property that perpetually restricts the use of the real property to farming purposes.
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Examples of Perpetual conservation easement in a sentence

  • Perpetual conservation easement over certain portions of the ranch: Alternatively, the easement could be drafted to protect only certain portions of the ranch – such as the migratory corridor, the springs, the creek, and the trail – while allowing unrestricted use of the rest of the property for ranching and/or development.

  • Costs and funding: Perpetual conservation easement stewardship and enforcement is not without cost.

  • Perpetual conservation easement transactions require a relatively high initial capital investment in acquiring the easement, although the cost is lower than the cost of a fee simple acquisition.

  • Bradley & Associates, Perpetual conservation easement - donation of conservationLLC easement to the Maryland Environmental Trust and the Eastern Shore Land Conservancy, LLC on 136.59 acres.

  • Perpetual conservation easement to MET and Chesapeake Wildlife Heritage, Inc.

Related to Perpetual conservation easement

  • Conservation easement means that term as defined in section 2140 of the natural resources and environmental protection act, 1994 PA 451, MCL 324.2140.

  • Utility easement means a right held by a facility operator to install, maintain, and access an underground facility or pipeline.

  • Easement Agreement means any conditions, covenants and restrictions, easements, declarations, licenses and other agreements which are Permitted Encumbrances and such other agreements as may be granted in accordance with Section 19.1.

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

  • Water conservation means the preservation and careful management of water resources.

  • Stormwater Pollution Prevention Plan or "SWPPP" means a document that is prepared in accordance with good engineering practices and that identifies potential sources of pollutants that may reasonably be expected to affect the quality of stormwater discharges from the construction site, and otherwise meets the requirements of this Ordinance. In addition the document shall identify and require the implementation of control measures, and shall include, but not be limited to the inclusion of, or the incorporation by reference of, an approved erosion and sediment control plan, an approved stormwater management plan, and a pollution prevention plan.

  • 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;

  • ILUA Area means the geographical area in relation to which the Framework ILUA applies, as specified in Schedule 2 of the Framework ILUA;

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

  • Stormwater runoff means water flow on the surface of the ground or in storm sewers, resulting from precipitation.

  • Use Agreement means the use agreement by and between the HDFC and HUD which commences on or before the Effective Date, runs with the land, binds all subsequent owners and creditors of the Exemption Area, and requires that the housing project on the Exemption Area continue to operate on terms at least as advantageous to existing and future tenants as the terms required by the original Section 202 loan agreement or any Section 8 rental assistance payments contract or any other rental housing assistance contract and all applicable federal regulations.

  • conservation area means the areas of the mineral lease within the solid black boundaries on Plan E being respectively the reserves known as ‘Xxxx’ ‘Serpentine’ and ‘Monadnock’, and parts of the reserve known as ‘Lane‑Xxxxx’;

  • 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.

  • Energy conservation means demand-side management of energy supplies resulting in a net reduction in energy use. Load management that reduces overall energy use is energy conservation.

  • Free Trade Agreement country construction material means a construction material that—

  • Deed Restrictions means the deed restrictions to be recorded with respect to the Land, which deed restrictions shall be subject to the Director's approval and shall be commensurate with the nature and purpose of the Land as stated in the Recipient's application for grant funds under Revised Code Sections 164.20 through 164.27. The Deed Restrictions shall be perpetual and shall not be amended, released, extinguished or otherwise modified without the prior written approval of the Director, in the Director's sole discretion, who shall have full enforcement authority, as set forth more specifically in Section IX of this Agreement.

  • Reservation agreement means a written contract entered into between MBOH and the taxpayer to provide for a Reservation and setting forth the terms and conditions under which the taxpayer may obtain a Carryover Commitment or Final Allocation.

  • Mining Lease means the mining lease granted pursuant to Clause 12 and includes any renewal thereof and according to the requirements of the context shall describe the area of land demised as well as the instrument by which it is demised;

  • Erosion and sediment control plan or "plan" means a document containing material for the conservation of soil and water resources of a unit or group of units of land. It may include appropriate maps, an appropriate soil and water plan inventory and management information with needed interpretations, and a record of decisions contributing to conservation treatment. The plan shall contain all major conservation decisions to ensure that the entire unit or units of land will be so treated to achieve the conservation objectives.

  • Concession Agreement means the Concession Agreement referred to in Recital (A) above and annexed hereto as Annex-A, and shall include all of its Recitals and Schedules and any amendments made thereto in accordance with the provisions contained in this behalf therein;

  • Recorded Leasehold Interest means a Leasehold Property with respect to which a Record Document has been recorded in all places necessary or desirable, in the Collateral Agent’s reasonable judgment, to give constructive notice of such Leasehold Property to third-party purchasers and encumbrances of the affected real property.