Approved in May, the nine-member committee will combine the roles of a capital improvement
committee and a capital budget planning committee.
In short, working capital improvement
programs also improve customer service.
that were part of a "general plan" but did not effect a capital improvement
to the hotel structure itself did not cause recharacterization.
They made capital improvements
of 45,647 pounds to the house, and, in July 1990, they sold it for 453,374 pounds--net of selling expenses--and retired the mortgage.
There is a distinction in the tax code between deductible repair expenses and capital improvements
The capital improvement
program includes a dramatic new entryway and two-story lobby, an entirely new roof, HVAC systems, upgraded window systems, tenant lobbies and common areas, as well as extensive site work and landscaping.
By October 2006, Advance Realty Group will begin site work and interior construction, as part of its $15 million capital improvement
program underway for the facility.