HomeMy WebLinkAboutMunicipal Lands - Valuation for Disposition Purposes - 5.09.pdfMicrosoft Word - policy_5.09.doc
Date Printed: 2009-06-26 Page 1 of 1 Policy 5.09 Incorporated 12 September, 1874 CORPORATION OF THE DISTRICT OF MAPLE RIDGE TITLE: MUNICIPAL LANDS -VALUATION FOR DISPOSITION PURPOSES
POLICY NO. 5.09 APPROVAL DATE: May 3, 1993 POLICY STATEMENT: All municipal land upon disposition is to be valued at market value, given that market value reflects the highest and best
use of the land. PURPOSE: To set a policy to govern the valuation of municipal lands. DEFINITIONS: Disposition includes both the selling and leasing of municipal lands.