Community Benefit Contributions Sample Clauses

Community Benefit Contributions. In partial consideration of the benefits received by OWNER pursuant to the terms of this Agreement and the Project Approvals, OWNER shall pay to City the following Community Benefit Contributions.
Sample 1
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Community Benefit Contributions. In consideration of the benefits received by Owner pursuant to the terms of this Agreement, Owner shall pay to City the following Community Benefit Contributions (“CBCs”):‌
Sample 1
Community Benefit Contributions. Developer shall provide the following Community Benefits, which are above and beyond the Project's requirements to mitigate for project-related impacts, conditions of approval and features included in the project description. Unless otherwise set forth herein, all payment obligations are to be applied to the 410 market rate residential units constructed in the Project. (a) $1,000,000 in private Community Benefit Funds which will be held in a separate escrow account managed by the City for use by the City’s aquatic clubs, including but not limited to Xxxxx Aquatic Masters, for the acquisition of land and/or construction of a new competitive swim facility, payable in the amount of $2,865 per detached residential unit and $1,865 per attached residential unit to be paid prior to issuance of a Certificate of Occupancy. Prior to release of said funds, the City Council shall review the aquatic clubs’ development proposal, including location and concept, to ensure the new swim facility provides the appropriate level of community benefit. If said funds are not utilized by the aquatics clubs for a new aquatics facility, or if funds are utilized to acquire land but construction has not commenced, within five years from first Final Map, the escrow account or title to property shall transfer to the City to be utilized at the sole discretion of the City Council to address community needs as are then deemed appropriate. Other community benefit obligations of the Project include: (a) Energy retrofit grant program, as specified in Exhibit E; (b) Rubberized asphalt, as specified in Exhibit E; and (c) Acorns to Oaks program, as specified in Exhibit E.
Sample 1

Related to Community Benefit Contributions

  • 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.

  • 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.

  • 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.

  • Matching Contributions The Employer will make matching contributions in accordance with the formula(s) elected in Part II of this Adoption Agreement Section 3.01.

  • Company Contributions The Company shall continue to make a Company Contribution for Plan Years 2017, 2018 and 2019, on the same terms and conditions set forth in the Participant Agreement, with the performance metrics and targets in connection with such Company Contributions for such Plan Years to be established in the sole discretion of the Committee, following consultation with the Chief Executive Officer of the Company.

  • Pension Contributions While on leave pursuant to Section B. of this Article, an employee may make contributions to the appropriate State pension system and will receive service credit for the time the employee is on unpaid leave.

  • 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.

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

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