Community Benefit Fee Sample Clauses

Community Benefit Fee. In recognition of the benefits conveyed by this Agreement, Xxxxxxxxx hereby agrees to pay two hundred fifty dollars ($250.00) per dwelling unit as a community benefit fee. The proceeds from said fee may be used to achieve community benefits as the City Council may deem appropriate. Payment of the community benefit fee shall be made at the time that each building permit for a dwelling unit is issued by the City. The fee of $250.00 per unit shall be adjusted each year on July 1st by the City based on cost of living or other such inflationary adjustments (including inflationary adjustments based on the Engineering News Record Cost of Construction Index, a Consumer Price Index, or other method) in accordance with City ordinances or the financing plan.
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Community Benefit Fee. Xxxxxxxxx agrees that a fee shall be collected by the County at the time of the issuance of each residential building permit within the Project (“Community Benefit Fee”), as set forth in this paragraph. The County may use these funds for any purpose benefiting the community, as determined in the sole discretion of the Board of Supervisors. However, it is the desire of Developer that the Community Benefit Fee be utilized by the County in conjunction with the CSD to provide recreational, senior facilities, or other facilities for the benefit of the community in conjunction with the regional park on Bass Lake, the County 41 acres on Bass Lake, the 15-acre park in the CEDHSP and/or the 11-acre Civic/Limited Commercial facility in the CEDHSP. The Community Benefit Fee shall be collected upon building permit issuance in the amount of Six Thousand Dollars ($6,000.00) per dwelling unit. This one-time fee shall apply only to the first building permit and shall not apply to remodels or secondary units on a single parcel.
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Community Benefit Fee. OWNER agrees to pay a Community Benefit Fee of One Thousand Five Hundred Seventy-Two Dollars ($1,572) per single family dwelling based on an assumed lot yield of 10 SFD unit (149 SFD to 159 SFD) upzone increase from R-5 to R-8, payable at final map. The City shall adjust the fee annually for inflation by the CCI amount starting January 1, 2020 until the City Council approves the final map.
Sample 1
Community Benefit Fee. In recognition of the benefits conveyed by this Agreement, Xxxxxxxxx hereby agrees to pay two hundred fifty dollars ($250.00) per dwelling unit as a community benefit fee. The proceeds from said fee may be used to achieve community benefits as the City Council may deem appropriate. Payment of the community benefit fee shall be made at the time that each building permit for a dwelling unit is issued by the City.
Sample 1
Community Benefit Fee. Xxxxxxxxx agrees that a fee shall be collected by the County at the time of the issuance of each residential building permit within the Project (“Community Benefit Fee”), as set forth in this paragraph. The County may use these funds for any purpose benefiting the community, as determined in the sole discretion of the Board of Supervisors. The Community Benefit Fee shall be collected upon building permit issuance in the amount of Four Thousand One Hundred Seventy- Four Dollars ($4,174.00) per dwelling unit. This fee will be updated annually on January 1 of each year, commencing January 1, 2023, based upon increases or decreases in the Consumer Price Index, San Francisco, all wage earners. In the event the referenced CPI is no longer published, the County shall, in its reasonable discretion, select a similar index to calculate the annual adjustment. This one-time fee shall apply only to the first building permit and shall not apply to remodels or secondary units on a single parcel. The Community Benefit Fee shall be inapplicable to the one hundred units of deed restricted, Workforce Housing within the Pedregal multifamily site required by Section
Sample 1
Community Benefit Fee. Licensee agrees to pay a Community Benefit Fee (“Fee”) of $5,000 per year to the City to mitigate the impacts of the Business in the City. The Fee shall be used by the City to sponsor an event to provide drug and alcohol abuse education at high schools or fund a similar community benefit program or health and safety training as identified by the City. Licensee agrees to provide City payment of the 2019 Fee by July 1, 2019. For each of the subsequent years 2020, 2021, 2022, and 2023, Licensee agrees to provide City payment of the Fee by January 1 of each calendar year.
Sample 1
Community Benefit Fee. In addition to the payments provided for above, starting on the date which is six (6) months after the Closing, Buyer shall donate Two Thousand and No/100ths Dollars ($2,000.00) per month for sixty (60) months to a charity (or a charity(ies)) of Seller’s choosing as a community benefit fee (the “Community Benefit Fee”). The obligation to pay this Community Benefit Fee shall survive the Closing and shall be secured by the Trust Deed.
Sample 1
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Community Benefit Fee. The Parties agree that a payment of the community benefit fee in the amount of fifteen percent (15%) of bond par shall be paid by the Developer to the City three (3) days prior to bond closing.
Sample 1
Community Benefit Fee. Subject to LAFCO approval of annexation of the Specific Plan Area to City, Prologis shall pay to City the amount of Five Million Dollars ($5 million) to assist City in achieving other community-wide goals ( Enhanced Community Benefit Fee ). Prologis shall pay the Community Benefit Fee in four (4) equal payments of One Million Two Hundred Fifty Thousand Dollars ($1,250,000) each, to be paid annually on each anniversary of the Effective Date, provided that the first payment shall be due two
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Related to Community Benefit Fee

  • 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

  • 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.

  • Disability Benefit If the Executive terminates employment due to Disability prior to Normal Retirement Age, the Company shall pay to the Executive the benefit described in this Section 2.3 in lieu of any other benefit under this Agreement.

  • Retirement Benefit Should the Director still be in the Directorship ------------------ of the Association upon attainment of his 70th birthday, the Association will commence to pay him $590 per month for a continuous period of 120 months. In the event that the Director should die after becoming entitled to receive said monthly installments but before any or all of said installments have been paid, the Association will pay or will continue to pay said installments to such beneficiary or beneficiaries as the Director has directed by filing with the Association a notice in writing. In the event of the death of the last named beneficiary before all the unpaid payments have been made, the balance of any amount which remains unpaid at said death shall be commuted on the basis of 6 percent per annum compound interest and shall be paid in a single sum to the executor or administrator of the estate of the last named beneficiary to die. In the absence of any such beneficiary designation, any amount remaining unpaid at the Director's death shall be commuted on the basis of 6 percent per annum compound interest and shall be paid in a single sum to the executor or administrator of the Director's estate.

  • Normal Retirement Benefit Upon Termination of Employment on or after the Normal Retirement Age for reasons other than death, the Company shall pay to the Executive the benefit described in this Section 2.1 in lieu of any other benefit under this Agreement.

  • 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.

  • City Benefits The Contractor shall not be entitled to any of the benefits established for the employees of the City nor be covered by the Worker's Compensation Program of the City.

  • Death Benefit Should Employee die during the term of employment, the Company shall pay to Employee's estate any compensation due through the end of the month in which death occurred.

  • Supplemental Retirement Benefit The Executive will be entitled to receive a monthly Supplemental Retirement Benefit (the "Supplemental Retirement Benefit") commencing on the first day of the month coincident with or following the later of the Executive's termination of employment or attainment of age 60 and continuing for the remainder of his life. Unless otherwise elected by the Executive, the Supplemental Retirement Benefit shall be payable in the form of a 50% joint and survivor annuity which shall be unreduced for the actuarial value of the survivor's benefit. If the Executive's spouse at the time of his death is not more than four years younger than the Executive, the survivor benefit shall be equal to 50% of the Executive's benefit and shall be payable to his spouse for the remainder of the spouse's life. If the Executive's spouse at the time of his death is more than four years younger than the Executive, the benefit payable to the spouse shall be reduced to a benefit having the same actuarial value as the benefit that would have been payable had the spouse been four years younger than the Executive. The Executive shall also have the right to elect a 100% joint and survivor annuity, on an actuarially-reduced basis or a lump-sum payment, on an actuarially-reduced basis (if the Executive makes a timely lump-sum election which avoids constructive receipt), or any other form of payment available or provided under the "Supplemental Plans" defined in this Section 8. Actuarial reductions shall be based on the actual ages of the Executive and his spouse at the time of retirement. If the Executive is not married at the time of his retirement, actuarial adjustments shall be made as if the Executive had a spouse with the same date of birth as the Executive. In the event that the Executive elects a form of payment other than the automatic 50% joint and survivor annuity or other than a lump sum payment, and remarries subsequent to retirement, the benefits payable under this Section shall be actuarially adjusted at the time of the Executive's death to reflect the age of the subsequent spouse. If the Executive elects a lump sum payment at retirement, no further benefits will be payable under this Section.

  • Retirement Benefits Due to either investment or employment during the marriage, either the Husband or Wife: (check one)

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