Examples of Public Benefits in a sentence
On the annual anniversary of the effective date ofthe Development Agreement, the developer shall make an annual payment to the Council District 14 Public Benefits Trust FundNo. 57L-14 in the amount ofOne Hundred ThousandDollars ($100,000) to support Council District 14’s efforts to address blight removal, facade improvements, street cleaning, graffiti removal, etc.
In accordance with Chapter 150, Section 5.550, of the Los Angeles Municipal Code, action is needed to accept the sum of $100,000 paid to the Council District 14 Public Benefits Trust Fund and cause it to be deposited into the appropriate fund.
PURCHASER agrees to construct the Recreational Facilities, Project Infrastructure, and Other Public Benefits as described in the Master Plan.