Sentences with phrase «reserve lease sale»

Not exact matches

«I don't think we can build the whole building at once, but we do want to have some space to move into,» Park District Board Vice President Mary Wright said, noting the project is to be constructed in phases by using available bond funds, reserve money and any money gained from the sale or lease of property to the library.

However, despite some of the challenges around the execution, we continue to feel good about the deals and their fundamentals; our basis is below replacement cost and comparable sales, the submarket has strong local demand drivers, we have some positive leasing momentum, we have a great team in - place, there is plenty of capital reserves, and we maintain low leverage and a great relationship with our lender etc..

But recent lease sales held by the Department of Interior's Bureau of Land Management (BLM)-- auctioning off huge tracts of the reserve to the oil and gas industry — don't bode well for the future of this important habitat.

In 2017, BLM put up for sale all the land it's authorized to lease across the reserve, encompassing a whopping 10.3 million acres.

In 2016, oil industry giant ConocoPhillips acquired 594,972 acres in the reserve in a single lease sale.