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A search of sites in southern California was conducted. The City Council of Santa Ana wanted the new center located near it so they arranged to lease a 409-acre site for $6,400 per year from M. H. Whittier Co. Ltd. with an option to buy at $500 per acre. The government could sublet from the city for $1 per year.
Even if the pre-acquisition average market price for land were just ₹22,500 per acre (US$500 per acre) in the above example, the proposed R&R, other entitlements and Schedule III to VI would raise the effective cost of land to at least ₹33,03,000 (US$73,400) per acre. The LARR Bill of 2011 proposes the above benchmarks as minimum.
The company purchased the land for $2.3 million, which is less than $500 per acre. [1] Boeke envisioned the new town, called Sea Ranch as an affordable alternative to high density development for middle and upper-middle class homeowners.
Stratton would not say how much their leases-per-acre payments go for. But there are solar advice websites that say landowners leasing to solar can make from $500 to $2,000 an acre annually.
Two single-family homes occupied by a farmer and his daughter used to sit on the land, along with hundreds of acres of farmland. ... Developers for Easton Grey, a 500-acre, $500 million ...
What an extra $500 to $1,000 a month did for 8 families ... and I live on 20 acres, and we’ve been tending to this property since 2017. ... I rented gallery space in the Twin Cities for $400 per ...