Date of Valuation. The fair market value of real property interests acquired from private owners by the Non-Federal Sponsor shall be the fair market value of such real property interests at the time the interests are acquired.
Appears in 2 contracts
Sources: Stormwater Retrofit Project Agreement, Cost Sharing Agreement
Date of Valuation. The fair market value of real property interests acquired from private owners by the Non-Federal Sponsor after the date of approval of the Letter Report for an increment of work shall be the fair market value of such real property interests at the time the interests are acquired.
Appears in 2 contracts
Sources: Environmental Infrastructure Design and Construction Assistance Agreement, Environmental Infrastructure Design and Construction Assistance Agreement
Date of Valuation. The fair market value of real property interests acquired from private owners by the Non-Federal Sponsor after the effective date of this Agreement shall be the fair market value of such real property interests at the time the interests are acquired.
Appears in 2 contracts
Sources: Project Partnership Agreement, Project Partnership Agreement
Date of Valuation. The fair market value of real property interests acquired from private owners by the Non-Federal Sponsor after the date of approval of the Scope of Work for an increment of work shall be the fair market value of such real property interests at the time the interests are acquired.
Appears in 1 contract