Sentences with phrase «year leases granted»

Special provisions apply in regard to the leases of Finke (known also as Aputula) and Kalkarindji (known also as Wave Hill) held at 18 August 2007 by The Aputula Social Club Incorporated, The Aputula Housing Association Incorporated, and Daguragu Community Government Council.72 These leases are suspended while the compulsory five - year leases granted over the land are in force.

But in 1947, under the Exposition Authority Act, Meigs Field opened with a 50 - year lease granted by the park district.

Not exact matches

One economist's investigation into the St. Louis MetroLink in 2004 found that it would have been cheaper to provide every new mass transit rider on the MetroLink with a leased Toyota Prius, plus a US$ 6,000 per year grant for operating expenses, than to subsidize the LRT.

The grant program began about 25 years ago when the National Park Service began setting aside money from off - shore oil leases and formed the Land and Water Conservation Fund.

The Park District has a 99 - year lease with the city for the 60 acres, which includes Sportsman's Park and the Garden Plots, granting the city the right to review «major changes» to the property.

In February 2010, Trinity Real Estate terminated a 99 - year lease it had granted to Tribeca Associates back in 2007, when Tribeca Associates planned to convert the building into offices and a hotel, according to Crain's New York Business.

The University of California (UC) granted the Consortium a 52 - year ground lease at an annual lease of $ 1 per year.

Leases are usually granted for 100 or 125 years (in practice leases are usually renewed at a relatively small cost once they reach 85 or 90 yLeases are usually granted for 100 or 125 years (in practice leases are usually renewed at a relatively small cost once they reach 85 or 90 yleases are usually renewed at a relatively small cost once they reach 85 or 90 years).

The Municipality of the County of Kings provided a 50 year lease on a 2.2 acre parcel of land in Waterville and a $ 5,000 grant to the fund raising account.

As of July 1, 2015 Ocean Riders of Marin was granted a ten year lease by the National Park Service to continue their operations.

Residents complain they were forced off their land and lost their main livelihood of fishing when they were relocated inland after the government granted a 99 - year land lease to China's Tianjin Union Development Group Co., which has built a golf resort and plans a yacht club, casino, villas and other luxury facilities.

Whereas at the market's height a few years ago a developer might have rigidly insisted on retaining such a clause — safe in the knowledge that another buyer who would accept it was likely to be waiting in the wings — the subtle shift of power to buyers since then means that there is nothing to be lost from a challenge and, in an environment where developers are under increasing public pressure to grant fair leases and to do away with RPI, everything to be won.

For example, a grant of a perpetual right of way needn't be registered, but a lease for a period yet to run of more than three years must be registered.

Rimmer LJ considered, at para 21, the alternative view that as at the date of the grant of the lease any purported extension was a matter of uncertainty and that the lease should be read as a grant of a term of years certain with the tenant entitled to vacate as of right on the expiry of that term.

A lease granted for one year «and thereafter from year to year» will not be a term certain.

If the lease extension is successfully obtained, you have the legal right to be granted a new lease with a term equal to the remainder of the term under your existing lease plus a further 90 years.

The Court nevertheless distinguished such bailment agreement from a lease or construction contract, did not apply the defence of «tort immunity» pursuant to insurance covenants in that context, and (after reserving for approximately two years) granted judgment against the operator: Kruger Products Limited v. First Choice Logistics Inc., 2010 BCSC 1242 (CanLII).

If anything, the requirement for 40 - year leases will make it more difficult for home ownership schemes to operate as participating homes will have to be excised from the 40 - year lease before they can be granted for 99 years.

[23] The amendments covered a number of measures, one of which sought to «promote individual property rights» on Aboriginal land by enabling a Northern Territory entity (such as the Northern Territory Government or a statutory authority established by it) to be granted a 99 - year lease from the traditional owners over an entire township.

Leases can also be granted to non-community people for up to 15 years.72

Despite the grant of a compulsory five - year lease over Aboriginal land, an Aboriginal Land Trust may grant a lease in accordance with Sections 19 or 19A of the ALRA over the land.

In South Australia, in addition to the Aboriginal Lands Trust Act 1966 (SA) referred to above, there are two Acts each providing that large parts of the western part of the State are held as inalienable freehold by a corporation that directly represents traditional owners.46 A lease can be granted for any period to a traditional owner or organisation comprising traditional owners; to a government agency for up to 50 years; or to anyone else for 5 years or less.47 The Anangu Pitjantjatjara corporation must have regard to the interests of and consult with traditional owners with a particular interest in the affected portion of the lands and shall not approve the lease unless it is satisfied that those people have given their informed consent.48 The Maralinga Tjarutja corporation must consult with traditional owners.49

The Aboriginal Land Trust for the land over which a compulsory five - year lease has been granted may, in accordance with Section 19A of the ALRA, grant a lease of a township for 99 years.54 If such a lease is granted then the compulsory five - year lease is terminated if it covers all of the same area.

The legislation does not authorise an Aboriginal Land Trust to deal with an estate or interest in land covered by a compulsory five - year lease other than by granting a lease under Sections 19 or 19A of the ALRA.50

An Aboriginal Land Trust may, despite the grant of a compulsory five - year lease, grant another lease in accordance with Section 19 of the ALRA that covers part of the land.51 This requires the consent, in writing, of the federal minister.52 If the Land Trust grants a lease under Section 19 the compulsory five - year lease is varied to exclude the area of the Section 19 lease.53

Once the compulsory five - year lease ends, if the earlier lease is still in force it is varied to include the land excluded when the five - year lease was granted.69

[42] Despite the compulsory five - year lease of Aboriginal land an Aboriginal Land Trust may grant a head lease of a township in accordance with s 19A of the ALRA (under s 37 (6) of the NTNER Act).

(5) If, before the end of the 79th year of the term of a lease (the original lease) granted under this section, a Land Trust grants another lease under this section covering the area of land concerned (whether or not the other lease also covers other land), the original lease ends at the time the other lease takes effect.

As a result the Commission is concerned that the discriminatory compulsory grant of five - year leases are protected from challenge under the RDA.

The agreement includes a $ 40,000 Location Grant and a two - year performance incentive of 15 percent for a three - year lease (July 2013 — July 2016), with an additional two - year performance incentive of 15 percent if an additional three - year lease extension (July 2016 — July 2019) is executed.

Required skills: Renovation expertise and long - range planning are needed to improve properties that were allowed to deteriorate during the 1990s and to ensure viability for the 40 - plus — year leases that the military often grants to private management companies.