Community Benefit Contribution Sample Clauses

Community Benefit Contribution. Permittee shall pay to the County a Community Benefit Contribution in the amount of $8,750 in 2019, $24,533 in 2020, $32,743 in 2021, $37,420 in 2022, and $42,098 in 2023. Permittee shall deliver the Community Benefit Contribution in quarterly installments in the same manner as Benefit Rate Payments described in section B. The Community Benefit Contribution may be used for the general governmental purposes of the County and not for the purposes of regulation or of raising revenues for regulatory purposes. All of the Community Benefit Contribution proceeds received from Permittee shall be placed in the County’s general fund and used for the usual current expenses of the County and is a separate and distinct payment from the Community Benefit Rate Payment below. The County intends, but is not obligated, to distribute these funds to local community charities for their use and for public improvement projects.
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Community Benefit Contribution. Notwithstanding any other term of this Agreement, Xxxxxxxxx agrees to pay City a “Community Benefit Contribution” of $8,370 for each dwelling unit at the time a building permit is issued for such dwelling unit within the Project Site. The parties agree that there may be an adjustment to the Community Benefit Contribution per unit in response to the City Council reviewing what improvements or programs should be funded by the Community Benefit Contribution versus an impact fee, meaning that the amount of the Community Benefit Contribution may be reduced. In addition, the City agrees that at no time shall the Community Benefit Contribution imposed on the Project Site during any calendar year be higher than the community benefit contribution, or other similar contribution that funds the same types of improvements or programs, imposed on any future development project that includes single family homes in the same calendar year that is: (i) east of Leisure Town Road; (ii) in a growth area identified in the City’s General Plan (including, but not limited to, the East of Leisure Town Road Growth Area and the Northeast Growth Area identified as part of the approval of the City’s 2008 Urban Growth Boundary); or
Community Benefit Contribution. Developer voluntarily agrees to make annual contributions to charitable programs and causes (“Community Benefit Contribution”) benefitting the Waukegan community commencing upon opening of the Permanent Facility and continuing each year thereafter for the term of the Project. The amount of the Community Benefit Contribution will be not less than $500,000. In making such charitable contributions, Developer will strongly consider the City’s input regarding the use of the Community Benefit Contribution, provided that all such contributions to local charitable programs and causes shall be determined by Developer.
Community Benefit Contribution. At the time of issuance of the first building permit, Developer shall voluntarily contribute to the City the amount of $850,000 (eight hundred and fifty thousand dollars) for the City, in its sole discretion, to utilize in a manner it believes best to serve and benefit its residents.
Community Benefit Contribution. (a) Hydro One is pleased to remain an integral part of the Lakeshore community now and into the future. To recognize the Municipality’s formal and informal support of the Projects, and subject to the terms and conditions herein, including without limitation subsections 4.0(a) and 8.0(a), Hydro One agrees to pay to the Municipality each of the milestone payment amounts shown in Table 1 below, after completion of each applicable Project milestone, which milestone payments may total up to a maximum aggregate amount of FIVE MILLION EIGHT HUNDRED THOUSAND DOLLARS ($5,800,000) (each milestone payment and the aggregate amount collectively referred to as the “Community Benefit Contribution”). Milestone Chatham to Lakeshore Line Longwood to Lakeshore Line Windsor to Lakeshore Longwood to Lakeshore Line Phase Two Public Filing of Notice of Commencement of Environmental Assessment Process $426,725 $426,725 $521,552 Included in Phase 1 Commencement Date of Construction of Project within the Municipality’s boundaries $1,024,139 $882,759 $1,251,726 $441,380 Completion Date of Construction of the Project $256,035 $170,690 $312,931 $85,345 For clarity, payment of each milestone Community Benefit Contribution is conditional upon completion of the applicable milestone shown on the left side of Table 1. (b) The Community Benefit Contribution is provided for recreational and cultural purposes within Lakeshore’s community, to be allocated and distributed by the Municipality. Where appropriate, Hydro One will receive recognition for the Community Benefit Contribution and benefits will be made available to Hydro One (including but not limited to logo recognition and speaking opportunities).

Related to Community Benefit Contribution

  • Community Benefits 31.1. The potential to take in to account social considerations (also referred to as Community Benefits) in public procurement is firmly established and set out in European Directive 2014/24/EU, the Public Contracts (Scotland) Regulations 2015 (“the Regulations”) and European case law. 31.2. The Authority is interested in measures that the Contractor proposes to take to encourage:  The targeted recruitment and training of the long-term unemployed and those further from the job market (by way of apprenticeships, work placements etc.);  Educational benefits to communities, including working closely with educational establishments and community groups to maximise educational opportunities that arise through performance of the agreement, increase awareness, skills and digital accessibility;  Awareness of opportunities, either in a prime or a sub-contracting role, for small to medium (SME) sized businesses and social enterprises. This should include opportunities for organisations with expertise in: o Provision of the requirement o Service delivery o Hyper-Scale Public Cloud

  • Retirement Contribution 1. The State shall, as permitted by 5 M.R.S.A. §17702 §§s5 and 6, pay its cost of the 6.5% or 7.5% retirement contribution for employees in the bargaining unit who are covered under special Law Enforcement retirement plans. 2. The State shall, as permitted by 5 M.R.S.A. §17702 §§s5 and 6, pay the cost of the 6.5% or 7.5% retirement contribution for employees in the following classifications.

  • Compensation/Benefit Programs During the Term of Employment, the Executive shall be entitled to participate in all medical, dental, hospitalization, accidental death and dismemberment, disability, travel and life insurance plans, and any and all other plans as are presently and hereinafter offered by the Company to its executive personnel, including savings, pension, profit-sharing and deferred compensation plans, subject to the general eligibility and participation provisions set forth in such plans.

  • Maintaining Eligibility for Employer Contribution The employer's contribution continues as long as the employee remains on the payroll in an insurance eligible position. Employees who complete their regular school year assignment shall receive coverage through August 31.

  • Retirement Contributions On behalf of employees, the State will continue to “pick up” the six percent (6%) employee contribution, payable pursuant to law. The parties acknowledge that various challenges have been filed that contest the lawfulness, including the constitutionality, of various aspects of PERS reform legislation enacted by the 2003 Legislative Assembly, including Chapters 67 (HB 2003) and 68 (HB 2004) of Oregon Laws 2003 (“PERS Litigation”). Nothing in this Agreement shall constitute a waiver of any party’s rights, claims or defenses with respect to the PERS Litigation.

  • Defined Benefit Pension Plans The Borrower will not adopt, create, assume or become a party to any defined benefit pension plan, unless disclosed to the Lender pursuant to Section 5.10.

  • Eligibility for Employer Contribution This section describes eligibility for an Employer Contribution toward the cost of coverage.

  • Public Benefit It is Reaction Retail’s understanding that the commitments it has agreed to herein, and actions to be taken by Reaction Retail under this Settlement Agreement, would confer a significant benefit to the general public, as set forth in Code of Civil Procedure § 1021.5 and Cal. Admin. Code tit. 11, § 3201. As such, it is the intent of Reaction Retail that to the extent any other private party initiates an action alleging a violation of Proposition 65 with respect to Reaction Retail’s failure to provide a warning concerning exposure to DEHP prior to use of the Products it has manufactured, distributed, sold, or offered for sale in California, or will manufacture, distribute, sell, or offer for sale in California, such private party action would not confer a significant benefit on the general public as to those Products addressed in this Settlement Agreement, provided that Reaction Retail is in material compliance with this Settlement Agreement.

  • Employer Contribution (a) An Employer contribution for health and dental benefits will only be made for each active employee who has at least eighty (80) paid regular hours in a month and who is eligible for medical insurance coverage, unless otherwise required by law. (b) It is understood that the administrative intent of this Article is that the Employer contribution is made for individuals who are participants in the medical insurance coverages. Participation will mean that eligible less-than-full-time employees who drop out of coverage will be considered to participate. Additionally, employees who elect to opt out of coverage for a cash incentive will be considered to participate.

  • Profit Sharing Plan Under the Northrim BanCorp, Inc. Profit Sharing Plan (the “Plan”), Executive shall be eligible to receive an annual profit share based on performance as defined by the Board of Directors. Executive will be classified in the Executive tier under the Plan’s Responsibility Factors. If Employer is required to prepare an accounting restatement due to “material noncompliance of the Employer,” the Employer will recover from the Executive any incentive compensation during the three (3) years prior to the date of the restatement, in excess of what would have been paid under the restatement. Executive’s signature on this Agreement authorizes Employer to offset or deduct from any compensation Employer may owe Executive, any excess payments (in whole or in part) that Executive may owe Employer due to such restatement(s).

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