Global Information Lookup Global Information

Project 70 Land Acquisition and Borrowing Act information


Project 70 Land Acquisition and Borrowing Act is a public lands acquisition law enacted in the Commonwealth of Pennsylvania on 22 June 1964. It permits the state to issue bonds for the purchase of lands for public parks, reservoirs, and other conservation, recreation, and historical preservation purposes, and to coordinate those purchases with local governments. The act also permits acquisition of lands by eminent domain. Once the lands are acquired under Project 70, the General Assembly must approve any disposition of these lands. [1]

The park in northeastern Pennsylvania, ten miles north of Scranton, was known as Project 70 during its construction prior to opening under the name Lackawanna State Park.

  1. ^ Pennsylvania Dept of Conversation and Natural Resources website [1] Project 70 Land Acquisition and Borrowing Act, act of June 22, 1964 (Sp.Ses., P.L. 131, No. 8), 72 P.S. §§ 3946.1-3946.22. This law implements Article VIII, Section 15 of the Pennsylvania Constitution, which provides that . . . the Commonwealth may be authorized by law to create debt and to issue bonds to the amount of $70,000,000 for the acquisition of land for State parks, reservoirs and other conservation and recreation and historical preservation purposes, and for participation by the Commonwealth with political subdivisions in the acquisition of land for parks, reservoirs and other conservation and recreation and historical preservation purposes, subject to such conditions and limitations as the General Assembly may prescribe. The act authorizes the Commonwealth and political subdivisions to acquire suitable lands by eminent domain. Under the act, no lands acquired pursuant to the act may be disposed of or used for purposes other than for recreation, conservation and historical purposes without the express approval of the General Assembly.

and 23 Related for: Project 70 Land Acquisition and Borrowing Act information

Request time (Page generated in 1.142 seconds.)

Project 70 Land Acquisition and Borrowing Act

Last Update:

Project 70 Land Acquisition and Borrowing Act is a public lands acquisition law enacted in the Commonwealth of Pennsylvania on 22 June 1964. It permits...

Word Count : 445

Blue Marsh Lake

Last Update:

The Pennsylvania Project 70 Land Acquisition and Borrowing Act provided funding and permitted the eminent domain acquisition of the land that would later...

Word Count : 464

Ohiopyle State Park

Last Update:

the land and then sold it to the Commonwealth of Pennsylvania. It was the first and largest park acquired under the Project 70 Land Acquisition and Borrowing...

Word Count : 1802

Codorus State Park

Last Update:

Company. The land for the park was acquired as part of the Project 70 Land Acquisition and Borrowing Act, with the governor approving the acquisition on December...

Word Count : 1569

Moon Lake State Forest Recreation Area

Last Update:

recreation. That year, federal and state funds had become available through the Project 70 Land Acquisition and Borrowing Act. These funds allowed Luzerne...

Word Count : 1894

Abbey National

Last Update:

dependent on the possession of freehold land with an annual value of £2. This required a capital outlay of some £60-70 and was outside the reach of the average...

Word Count : 3978

Subprime mortgage crisis

Last Update:

financial firms acting recklessly and taking on too much risk; An explosive mix of excessive borrowing and risk by households and Wall Street that put the financial...

Word Count : 34106

Land reforms by country

Last Update:

successful aid programme in Africa". The 1992 Land Acquisition Act was enacted to speed up the land reform process by removing the "willing seller, willing...

Word Count : 14438

German colonial empire

Last Update:

in Penang, 1800s–1940s. Areca Books, Penang 2006, pp. 70–71. Tom Marks: The British Acquisition of Siamese Malaya (1896–1909). White Lotus, Huay Yai 1997...

Word Count : 17657

Solar power in India

Last Update:

power projects". Business Standard India. Retrieved 17 June 2018. Bajaj, Shaurya (25 November 2019). "RBI Relaxes External Commercial Borrowing Norms...

Word Count : 14909

Mortgage industry of Denmark

Last Update:

and housing projects, mortgage loans can represent up to 80 percent of the value of the property. In contrast, maximum LTV ratios are limited to 70 percent...

Word Count : 1590

Stock exchange

Last Update:

and acquisitions through the stock market is one of the simplest and most common ways for a company to grow by acquisition or fusion. Both casual and...

Word Count : 4410

United States Agency for International Development

Last Update:

projects that conserve and protect threatened land, water, forests, and wildlife. USAID also assists projects to reduce greenhouse gas emissions and to...

Word Count : 17626

Internal financing

Last Update:

to pay or consult any third party. Costs are less because the cost of borrowing to raise funds through debt financing is eliminated. Internal financing...

Word Count : 2095

Bank

Last Update:

Mergers, Acquisitions and Alliances (IMAA)". Institute for Mergers, Acquisitions and Alliances (IMAA). Retrieved 28 February 2018. TNAU. "Land Development...

Word Count : 7635

Kinder Morgan

Last Update:

shares of Kinder Morgan, Kinder Morgan warrants, and a cash portion of $11.5 billion through Barclays borrowing. On August 10, 2014, Kinder announced it was...

Word Count : 2925

Chesapeake Energy

Last Update:

Participation Program. The U.S. Securities and Exchange Commission opened an informal inquiry of McClendon's borrowing practices. However, no enforcement action...

Word Count : 3509

Thomas Jefferson

Last Update:

his inaugural address and attending services at the Capitol. Jefferson distrusted government banks and opposed public borrowing, which he thought created...

Word Count : 22242

List of nationalizations by country

Last Update:

and Cerro. The act was carried out by the Socialist government of Salvador Allende. In the period of Republican China, Sun Yat-sen had sweeping land reforms...

Word Count : 9275

Pennsylvania Turnpike

Last Update:

for the project. Work on engineering and environmental approval for the extension of Lafayette Street occurred in 2008, and acquisition of land began in...

Word Count : 22533

Natural gas in Papua New Guinea

Last Update:

Mining Act and Oil and Gas Act". www.allens.com.au. Retrieved 17 April 2023. Online, PNG Bulletin (22 August 2021). "Parliament passes Papua LNG Project law"...

Word Count : 12155

Tim Kaine

Last Update:

as Kaine and most legislative Democrats favored, the Republican bill called for transportation funding "to come from borrowing $2.5 billion and paying the...

Word Count : 18036

European banking crisis of 1931

Last Update:

of the hyperinflation episode of the early 1920s implied that public borrowing and spending could not be an appropriate strategy for crisis resolution...

Word Count : 3575

PDF Search Engine © AllGlobal.net