Community Benefit Contribution Sample Clauses

Community Benefit Contribution. Permittee shall pay to the County a Community Benefit Contribution in the amount of $5,000 in year 1 (first payment due July 1, 2019); $10,500 in 2020, $11,000 in 2021, $11,500 in 2022, and $12,000 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. (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 Table 1: Milestone Payments 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.
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.

Related to Community Benefit Contribution

  • BENEFIT FUND The Trustees are authorized and directed to establish a study committee to review the legality, feasibility and desirability of setting up and maintaining an employee funded Section 125 Flexible Spending Account (FSA). If an FSA is determined to be legal, feasible and desirable in this context, the Trustees are further authorized and directed to establish such an arrangement and offer it to employees covered by this Agreement; provided that the FSA shall not be offered to employees of any Employer who is unwilling or unable to permit employee participation in the FSA.

  • Retirement Contribution 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. Corrections Firearms Instructor Oil & Hazardous Material Responder I Oil & Hazardous Material Responder II

  • Defined Benefit Pension Plan 1. The Employer and the Union hereby agree to the continuation of the existing Northern California Glaziers, Architectural Metal and Glass Workers Pension Trust Agreement ("Defined Benefit Pension Trust").

  • 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.

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

  • Health Benefit Plan Par. 1. The Health Benefit Plan covering life insurance, sickness and accident benefits, and hospitalization insurance, or any changes thereto that are in accordance with the National Elevator Industry Health Benefit Plan and Declaration of Trust, shall be a part of this Agreement and adopted by all parties signatory thereto.

  • 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.

  • Contributions to Individual Account Programs As of the date that an employee becomes a member of the Individual Account Program established by Section 29 of Chapter 733, Oregon Laws 2003 and pursuant to Section 3 of that same chapter, the State will pay an amount equal to six percent (6%) of the employee’s monthly salary, not to be deducted from the salary, as the employee’s contribution to the employee’s account in that program. The employee’s contributions paid by the State under this Section 2 shall not be considered to be “salary” for the purposes of determining the amount of employee contributions required to be contributed pursuant to Section 32 of Chapter 733, Oregon Laws 2003.

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