Term of public use means the time period during which the project or facility is expected to be maintained for public use.
Term of public use means the time required for public use. The Term of Public Use of the grant- assisted facilities must be at least:
1. Equipment (personal property) grant investment of more than $50,000 per item: 25 years 2. Facilities (real property): 25 years
3. Land: 99 years unless obsolescence applies. The Term of Public Use will begin on the date of completion identified in the Completion Certification Letter.
Term of public use means meeting the terms of the conservation easement and/or the patent restriction in perpetuity. Pursuant to A.R.S. §41-522.23.G.1(a), nonprofit organizations must also provide public access to acquired parcels in perpetuity. The Term of Public Use shall begin on the date of completion identified in the Completion Certification Letter.
Examples of Term of public use in a sentence
No land or facilities acquired or developed with State assistance will, without the approval of the BOARD, be converted to other than public use during the Term of Public Use.
If the grant funded capital improvements are not maintained and kept open for public use for the term specified in the Term of Public Use, the PROJECT SPONSOR must refund to the BOARD the awarded grant amount within six (6) months of the date the improvements are no longer maintained or kept open for public use, unless the BOARD agrees that obsolescence or conversion is appropriate.
Project accomplishments must be open or available to the public as specified in the Term of Public Use.