State Street Property definition
Examples of State Street Property in a sentence
The City shall, as necessary, utilize its powers, including eminent domain and condemnation powers, to timely acquire portions of the State Street Property not already owned by the City.
University- owned parcels that are included within the State Street Property but not described in clause (a) of this Section 7.1 will be conveyed by the University to the City in accordance with past custom and practice pertaining to de minimis inter-agency parcel transfers consistent with the public interest.
Seller shall use commercially reasonable efforts to obtain title to the State Street Property on or before thirty (30) days prior to the expiration of the Inspection Period.
Without limiting the generality of the foregoing, and notwithstanding anything in the Interlocal Agreement to the contrary, the Joint Board shall have, and is hereby delegated and vested by the City with all necessary and proper rights, powers and authorities to hold property interests, including but not limited to interests in the State Street Property, in the same manner and to the same extent as the City would enjoy if it were exercising such rights, powers and authorities.
In the event Seller has not obtained title to the State Street Property, or the City has not obtained title to the CDOT Property in accordance with the preceding sentences, the Inspection Period shall be extended to expire thirty (30) days following the later of Seller’s or the City’s respective acquisitions of the State Street Property or the CDOT Property.
Other than with respect to (a) the University-owned parcels related to the South Campus Administrative Facilities that are to be conveyed to the City in order to complete the proposed ▇▇▇▇▇▇▇▇/▇▇▇▇▇▇▇▇ Street connector, and (b) the PRF-owned parcels that are included within the State Street Property, the City shall advance the costs of such acquisitions as part of the Pre-Development Expenses covered by Section 5.3.1 hereof.