Development of property definition

Development of property means construction, landscaping, growth of vegetation, or other alteration of property that interferes with the operation of a solar collector.
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Development of property means any demolition, construction, rehabilitation, reconstruction or other work or improvement to be performed by or on behalf of an owner or developer in accordance with an Agreement with the Agency, so long as the Agreement provides financial assistance to the project.
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Examples of Development of property in a sentence

  • The original Business Development Agreement approved and executed by the Village and Washington Park Plaza Partners, LLC dated March 8, 2005, and assigned to Washington Park Plaza LLC (the “Agreement”) provided for Development of property designated by the Village as a Business District under 65 ILCS 5/11-74.3-1 et seq.

Related to Development of property

  • Developed Property means all Assessor’s Parcels of Taxable Property for which Building Permits were issued on or before May 1 of the prior Fiscal Year, provided that such Assessor's Parcels were created on or before January 1 of the prior Fiscal Year and that each such Assessor's Parcel is associated with a Lot, as determined reasonably by the Board.

  • Development Property means a Property currently under development for use as an office or industrial building that has not become a Stabilized Property, or on which the improvements (other than tenant improvements on unoccupied space) related to the development have not been completed, provided that such a Development Property on which all improvements (other than tenant improvements on unoccupied space) related to the development of such Property have been completed for at least twelve (12) months shall cease to constitute a Development Property notwithstanding the fact that such Property has not become a Stabilized Property.

  • Redevelopment Property means a property owned by the Company or a Consolidated Subsidiary (a) where the commenced leased square footage is less than 60% of the sum of net rentable square feet and redevelopment space, with reasonable adjustments to leased square footage determined in good faith by the Company, including adjustments for available power, required support space and common area and (b) that the Company reasonably characterizes as held in whole or in part for redevelopment.

  • Redevelopment Project Area means an area designated by the municipality, which is not less in the aggregate than 1 1/2 acres and in respect to which the municipality has made a finding that there exist conditions which cause the area to be classified as an industrial park conservation area or a blighted area or a conservation area, or a combination of both blighted areas and conservation areas.

  • Development Project means a project for the development of land within a