Examples of Remaining Property in a sentence
In the event the Limited District Election Proposition is not approved at the Limited District Election, then for a period of 10 business days after the Full Purpose Annexation Date, the District shall remain in existence solely for the purpose of doing all things necessary to assist in the transition of the Remaining Property to the City’s full-purpose jurisdiction.
After the City assumes responsibility for the provision of retail water and wastewater services to all lands in the District in accordance with the Amended and Restated SPA, water and wastewater services to all development within the Commercial Property and Remaining Property will be provided by the City according to the standard policies and procedures of the Austin Water Utility, which may require the developer of a new subdivision to install water and wastewater lines.
This Plan shall be in effect for a ten-year period commencing on the effective date of the annexation for the Commercial Property, and for a ten-year period from the effective date of the annexation of the Remaining Property, respectively, as defined in the Strategic Partnership Agreement, unless otherwise stated in this Plan.
The Remaining Property includes approximately 744 acres and includes the Lost Creek, Hills of Lost Creek, and Bluffs of Lost Creek subdivisions; three townhouse/condominium complexes; and part of the Xxxxxx Creek Greenbelt, owned by the City of Austin, extends into the annexation area, which is located in the Xxxxxx Creek and Xxxxx Creek watersheds.