extra standard monetizzabili
English translation: .....that exceed the standard provision, and that can be monetised
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| 15:03 May 15, 2019 |
| Italian to English translations [PRO] Tech/Engineering - Construction / Civil Engineering | |||||||
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|  Selected response from: Tom in London United Kingdom Local time: 02:06 | ||||||
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| 4 | monetary conversion of the works extra standards* |
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| 4 | .....that exceed the standard provision, and that can be monetised |
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| Discussion entries: 1 | |
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Answers
1 day 20 hrs confidence: 
monetary conversion of the works extra standards* Explanation: As usual, this is Italy's legislator and, as a result, planning local authorities making life complicated. There is no easy way to translate this or paraphrase it neatly - although you could put in a footnote if you feel like being nice and helpful. Let's start with the "standards": these are urban planning standards governed by D.M. 1444/1968 which establish the standards for public areas, i.e. the minimum areas that must be guaranteed for each resident citizen in a Municipality or district. For structures of local interest, the D.M. establishes that each citizen is entitled to a minimum of 18 sqm of public space (9 sqm of parking space, 4.5 sqm of school space, 2.5 sqm of new build parking, 2 sqm allocated to structures for common use). These standards are established in local urban development plans. The extra standards refer to the development of such public areas by private developers outside of these standards due to contingent circumstances, i.e. urgent need for parking spaces or a new car park. This gives rise to the "extra standard", i.e. each lucky citizen has more parking space than required by law. From my understanding of your text, a difference - surplus - has arisen between the offsetting of planning fees and the cost of the public works. This amount "in excess" may now be offset against the public benefit portion due to the local authority for allocating the area for the works. Instead of receiving a concession fee, the local authority may "monetise" the costs of any expropriation of land and transformation costs to meet its contingent needs. This means that the private developer may offset its costs and fees against this portion. I hope this is clear. |
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1 day 22 hrs confidence:
.....that exceed the standard provision, and that can be monetised Explanation: [urbanisation works] that exceed the standard provision, and that can be monetised All municipalities in Italy publish their own list of standard urbanisation works. Works “extra standard” are works that are additional to those on the list. For numerous examples, see this Google search: http://tinyurl.com/yy3mwmyo -------------------------------------------------- Note added at 1 day 22 hrs (2019-05-17 13:52:08 GMT) -------------------------------------------------- To suit the context, the actual wording you choose could be different from what I have suggested. |
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