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Moffat Tunnel – leased to Union Pacific Railroad by the state of Colorado under a 99-year lease until 2025. [5] A lease extension of 25 years was agreed to after the initial 99 years expired. [6] [7] Ontario Highway 407 Express Toll Route – leased to private company by the Ontario provincial government under Premier Mike Harris for C$3.1 ...
Under British law at the time, a 99-year lease was the maximum allowed for the lease of land. The territories which were leased to the United Kingdom were originally governed by Xin'an County, Guangdong province. Claude MacDonald, the British representative during the convention, picked a 99-year lease because he thought it was "as good as ...
Hong Kong had been a colony of the British Empire since 1842 after the First Opium War and its territory was expanded on two occasions; first in 1860 with the addition of Kowloon Peninsula and Stonecutters Island, and again in 1898 when Britain obtained a 99-year lease for the New Territories. The date of the handover in 1997 marked the end of ...
The trust plans to build a new home along with two ohana units on the property, and hold a lottery to sell the units to an extended or multigenerational Lahaina family under an initial 99-year ...
Finally, the statute of limitations in New York, which sets a time limit for all claims to be commenced within fifteen years of the expiration of a lease, appears to have all but buried the claim many years ago. The only document that could prove the matter would be the original of the 99-year lease signed over to the brothers Cruger, but that ...
Generally, the lease terms were 75 years renewable for a further 75 years or 99 years renewable for a further 99 years. However, sharp increases in property rents in the early 1970s gave rise to strong opposition from leaseholders to the payment of the full market rental value of the land, as required by the lease conditions, for the renewal term.
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