Governor Cuomo's Regional Councils will also benefit from the creation
of land banks because it will create an inventory of land that the councils can use when developing their plans.
Not exact matches
You won't expect it,
because you prepared for the long haul,» she writes, «but then all
of the sudden, midst the puffy clouds and blue skies, your little twin engine Entreprenairplane will sputter, the needle on the gas gauge unexpectedly plummeting to zero, and you will have only one choice...
land your plane on the wild, abandoned air strip called
Bank Balance: Fourteen Dollars.»
«For a moment I was a little afraid,
because there was a serious monsoon
of efforts to create community gardens and green spaces, none
of which generate any revenue,» said Bey, referring to dozens
of community gardens the
land bank has established throughout the city.
This is
because the state legislation authorizing the formation
of land banks limited the number
of such entities to ten.
The city
land bank is doing the work the private sector can not and will not do
because the projects are not profitable, said Kuhs, who also builds and sells houses in Milwaukee as owner and president
of Kuhs Quality Homes Inc., Greenfield.
The Syracuse public school system projects it will collect nearly a $ 1 million less this year
because of properties acquired by the city's
land bank.
The Syracuse school district could be down a million dollars
because of an unintended consequence
of vacant properties being sold to the
land bank.
However, he said it would be impractical to force COR to return the
land because the company has nearly completed construction
of a 134 - room, $ 22.8 million Aloft Hotel on the south
bank of the harbor and started infrastructure work elsewhere at the harbor.
The Currents» situation is worse:
because the
bank raised the interest on their loan, they lose eighty acres, but agreeing to bankruptcy saves the rest
of their
land.
Indeed, the
banks are clearly aware
of the optics
of this imbalance — on Thursday every major financial institution in the
land pooled together to announce a $ 500 million fund to extend loans to entrepreneurs,
because banks lending to new businesses is now apparently something worthy
of special announcement.
Other dogs that were rescued from the farm in Jonju — an illegal one
because the farmer didn't own the
land he was using — are at Paws
of Bryson City, Moore Humane Society in Carthage, and Outer
Banks SPCA in Manteo
In the real world, speculators snatch up real estate and
land bank it as well — most
of the «abandoned» buildings you see in East Coast cities are actually owned by investors who don't put them to use
because they're waiting for a higher return on their investment.
The Court
of Appeal's decision in Sechelt was significant
because it demonstrated that IJI was still alive and well in relation to the
lands reserved head
of s. 91 (24) following the efforts
of the Supreme Court
of Canada in a series
of cases including Canadian Western
Bank v Alberta, 2007 SCC 22 and British Columbia (Attorney General) v Lafarge Canada Inc, 2007 SCC 23 to limit the application
of the IJI doctrine.
For practitioners, the growth
of the concept has opened up a field
of opportunity,
because «mitigation bankers» — the entrepreneurs who organize the local market for trading credits — rely on real estate professionals to advise on the potential demand for a
bank and to find the
land to include in it.
This is especially true in the case
of large development projects
because, although
banks focus on the purchase price
of the property, hard money lenders are able to take into consideration the effects
of any approvals (such as zoning,
land use, or density changes) that have already been obtained on the value
of the property when they determine the LTV for the loan.
Banks and other institutional lenders will very rarely approve loans to purchase raw, undeveloped
land because of the risk involved.
They wanted to take out some cash for architectural and engineering expenses, but found that
banks would not make a
land loan to them on the property
because the structure
of their investment group did not conform to the
bank's strict lending requirements.
We have an area not far from us where the
banks won't lend money anymore on alot
of beautiful new homes
because of of land movement.