A new Israel Land Authority intent-to-contract notice has been published for a specific parcel in Maayan Baruch, highlighting Plot 12-B under Plan G/15159. The notice outlines a lease structure without a development agreement, a distinction that can affect obligations, timelines, and eligibility for interested parties.
What this notice signals
- A new official publication by the Israel Land Authority concerning a defined plot in Maayan Baruch.
- The notice specifies a lease without a development agreement.
- Published data includes the land footprint and recorded value.
- Procedural details such as deadlines and eligibility are not included in the brief summary.
A new ILA notice lands in Maayan Baruch
The Israel Land Authority has issued an intent-to-contract notice indicating its intention to enter into a lease for Plot 12-B, located within Plan G/15159 in Maayan Baruch. An intent-to-contract notice signals a planned contractual engagement, subject to conditions and procedures defined in the full publication.
The notice clearly states that the transaction is structured as a lease without a development agreement. It also provides administrative data points, including the parcel size and recorded land value.
Why does “lease without a development agreement” matter?
A development agreement typically includes binding construction obligations, milestones, and enforcement mechanisms. By stating that the lease is without such an agreement, the notice suggests that development requirements may not be embedded in the lease framework described.
This distinction can alter the risk profile and due diligence focus, shifting attention toward lease terms and permitted use under the relevant planning scheme.
A numbers-first snapshot from the notice
The publication lists a contract footprint of approximately 499 square meters and a recorded land value of about ₪442,421. Based on these figures, an implied reference value of roughly ₪887 per square meter can be calculated.
This figure should be treated as an administrative reference rather than a market valuation, but it provides a transparent benchmark for comparison.
What is still missing from the short summary?
The summary does not include submission procedures, eligibility criteria, or application deadlines. These details are essential for any party considering a response and are expected to appear in the full official publication.
Notice snapshot
| Field | Details |
|---|---|
| Authority | Israel Land Authority |
| Publication type | Intent-to-contract notice |
| Location | Maayan Baruch |
| Planning reference | Plan G/15159 |
| Parcel reference | Plot 12-B |
| Deal structure | Lease without a development agreement |
| Contract footprint | Approximately 499 square meters |
| Recorded land value | Approximately ₪442,421 |
| Implied value per square meter | Approximately ₪887 |
Next steps for interested parties
- Review the full official publication for procedural and eligibility details.
- Verify planning context and permitted use under Plan G/15159.
- Assess lease terms independently of the recorded administrative value.
Glossary
- Israel Land Authority: The government body responsible for managing most public land in Israel.
- Intent-to-contract notice: A formal notice indicating an authority’s intention to enter into a contract.
- Lease: A contractual right to use land for a defined period under agreed terms.
- Development agreement: A contract that sets binding development or construction obligations.
- Contract footprint: The land area referenced for the intended transaction.
FAQ
What is an intent-to-contract notice?
It is a public indication that the authority plans to enter into a contract, subject to specific procedures and conditions.
Which parcel is covered by this notice?
The notice concerns Plot 12-B under Plan G/15159 in Maayan Baruch.
Does the notice require construction?
The notice specifies a lease without a development agreement, meaning construction obligations are not described as part of the lease framework.
Is the recorded land value a market price?
No. It is an administrative reference and should not be treated as a substitute for a market appraisal.
Where can deadlines and eligibility rules be found?
These details are expected to appear in the full official publication.
Conclusion
The new intent-to-contract notice serves as a signal of potential land use in Maayan Baruch. While key administrative details are provided, any interested party must consult the full publication to understand eligibility, procedures, and obligations before taking further action.
