Community Impact Fee. Within one year after MGE pays the Project License Fee, but before the Project is Open for Business to the General Public, on a date of MGE’s choosing, MGE will pay the Town an initial Community Impact Fee in the amount of $60,000.00 (Sixty Thousand Dollars). Contemporaneous with or after MGE’s payment to the Town of the initial Community Impact Fee, but on or before the date the Project is first Open for Business to the General Public, on a date of MGE’s choosing, MGE will begin making Annual Community Impact Fee payments to the Town, with the payment of subsequent Annual Community Impact Fees to begin on the anniversaries of the day the Project is first Open for Business to the General Public. MGE’s obligation to pay Annual Community Impact Fees to the Town will continue until the expiration or earlier termination of MGE’s initial Category 1 gaming license or any renewal thereof.
Community Impact Fee a. The Parties anticipate that, as a result of the Company’s operation at the Premises, the Town will incur additional expenses and impacts upon its road system, law enforcement, inspectional services, permitting services, administrative services and public health services, in addition to potential additional unforeseen impacts upon the Town, both quantifiable and unquantifiable. Accordingly, in order to mitigate the direct and indirect financial impact upon the Town and use of the Town’s resources, the Company agrees to annually pay a community impact fee to the Town, in the amounts and under the terms provided herein (the “Community Impact Fee”).
b. The Company shall pay the Community Impact Fee in quarterly installments (the “Quarterly Community Impact Fee”) based on the following percentages of the gross wholesale value of marketable marijuana or marijuana products produced by the Facility each quarter. Wholesale Value shall be determined by arms-length wholesale sales made by the Facility during the year and shall include all marijuana, marijuana infused products, paraphernalia and any other products produced and sold by the Facility. In the event the marijuana or marijuana products produced at the Facility are sold by the Company at a marijuana retail establishment located outside of the Town that is also owned and controlled by the Company, or its affiliates, such the product is not subject to an arms-length sale, the value of such product for purposes of calculating the Quarterly Community Impact Fee shall be based on the wholesale value of the marijuana and marijuana products as determined by arms-length wholesale sales made by the Facility during the preceding quarter, or, if no such sales have taken place, the wholesale value of said product based on available market data.
c. The Quarterly Community Impact Fee shall continue for a period of five (5) years from the date the Facility commences operations. The Facility shall be deemed in operation upon receipt of both an occupancy permit from the Building Commissioner and the issuance of a final License and approval to grow at the Facility from the CCC.
d. The Company shall pay the Quarterly Community Impact Fee in installments as follows: • For all sales and transfers between January 1 and March 31, payment shall be made on or before May 1; • For all sales and transfers between April 1 and June 30, payment shall be made on or before August 1; • For all sales and transfers between July 1 and Septem...
Community Impact Fee. The Company anticipates that the Town of Winchendon will incur additional expenses and impacts on the Town of Winchendon’s road and other infrastructure systems, law enforcement, fire protection services, inspectional services, and permitting and consulting services, as well as unforeseen impacts on the Town of Winchendon. Accordingly, in order to mitigate the financial impact on the Town and use of Town resources, the Company agrees to pay a Community Impact Fee to the Town, calculated annually, in the amount and under the terms provided herein.
1. The Company shall pay a Community Impact Fee in an amount equal to three percent (3%) of the total wholesale sales of all products produced by the cultivation and manufacturing operations at the Facility.
2. The Community Impact Fees shall be made quarterly per the Town’s fiscal year (July 1- June 30) with a due dates as follows: Qtr. 1 September 30 Qtr. 2 December 31 Qtr. 3 March 31 Qtr. 4 June 30 The Community Impact Fees for the first quarter of operation shall be prorated. The Community Impact Fees shall continue for a period of five (5) years. At the conclusion of each of the respective five year terms, the parties shall negotiate in good faith the terms of a new Community Impact Fee based on impact costs as an Amendment to this Agreement; provided, however, that if the parties are unable to reach an agreement on a successor Community Impact Fee, the Community Impact Fee specified in Paragraph 2.A.1 of this Agreement shall remain in effect and shall not be reduced below the amount set forth above until such time as the Parties negotiate a successor Community Impact Fee.
3. The Town shall use the above referenced payments in its sole discretion, but shall make a good faith effort to allocate said payments to off-set costs related to road and other infrastructure systems, law enforcement, fire protection services, inspectional services, public health and addiction services and permitting and consulting services, as well as unforeseen impacts upon the Town of Winchendon.
Community Impact Fee. (1) During the term of this Agreement the Company shall pay to the Town a “Community Impact Fee” in an amount equal to three percent (3%) of the gross sales of the Facility (the “Community Impact Fee Payments”). The Community Impact Fee Payments shall be made as follows:
i. The initial Community Impact Fee Payment (“Initial Payment”) shall be due on the first day of the seventh (7th) month following the date on which Company commences the operation of the Facility, having received a “commence operations” status from the Massachusetts Cannabis Control Commission for one or more portions of the Facility (“Opening Date”);
ii. Subsequent Community Impact Fee Payments shall be due six (6) months following the most recent Community Impact Fee Payment.
Community Impact Fee. The Company anticipates that the Town will incur additional expenses and impacts on the Town’s road and other infrastructure systems, law enforcement, fire protection services, inspectional services, and permitting and consulting services, as well as unforeseen impacts, both quantifiable and unquantifiable, on the Town. Accordingly, in order to mitigate the financial impact on the Town and use of Town resources, the Company agrees to pay a Community Impact Fee to the Town, in the amount and under the terms provided herein.
1. APPROPRIATE LANGUAGE (a or b) TO REMAIN AS ITEM 1 BASED UPON THE TYPE OF ESTABLISHMENT WHEREAS “a” IS A RETAIL/MEDICAL DSPENSARY, AND “b” ALL OTHER ESTABLISHMENTS
a. Company shall annually pay a Community Impact Fee in an amount equal to three percent (3%) of Gross Sales from marijuana and marijuana product sales at the Facility. The term “Gross Sales” shall mean the total of all retail sales transactions of the Facility without limitation, and shall include but not be limited to all adult use marijuana and medical marijuana sales occurring at the Facility, including the sale of marijuana, marijuana infused products, paraphernalia, and any other products sold by the Facility directly to consumers or wholesale to other Marijuana Establishments.
Community Impact Fee. The Company anticipates that the Town will incur additional expenses and impacts on the Town’s road and other infrastructure systems, law enforcement, fire protection services, inspectional services, and permitting and consulting services, as well as unforeseen impacts on the Town. Accordingly, in order to mitigate the financial impact on the Town and use of Town resources, the Company agrees to pay annual community impact fees to the Town in the amount and under the terms provided herein (the “Annual Community Impact Fee”).
1. Company shall pay an Annual Community Impact Fee in an amount equal to one percent (1%) of the gross sales generated by the Establishment. The term “gross sales” shall mean the total of all transactions of the Establishment, including wholesale sales, and shall be determined by arms-length wholesale sales made at the Establishment during the year and shall include all marijuana and marijuana products, including marijuana-infused products (the “Gross Sales”). In the event the marijuana or marijuana products cultivated at the Establishment are sold by the Company at any marijuana establishment(s) located outside of the Town that is also owned and controlled by the Company, or its affiliates, such that the product is not subject to an arms-length sale, the value of such product for purposes of calculating the Annual Community Impact Fee shall be based on the higher of: (i) 50% of the retail price at which such marijuana or marijuana products are sold by such marijuana retailer; or (ii) the highest wholesale price charged by the Company in any arms-length transaction during the preceding twelve (12) months. The Company agrees that calculation of the Annual Community Impact Fee in this manner will be within the statutory cap of three percent (3%) of Gross Sales under X.X. x.94G §3(d) and waives any claims to the contrary. T
2. The Establishment shall be deemed in operation upon receipt of both an occupancy permit from the Building Commissioner and the issuance of a final license and approval to operate from the CCC (the “Commencement of Operations”). The Annual Community Impact Fee shall be made in quarterly installments per the Town’s fiscal year (July 1 - June 30) on September 30, December 31, March 31, and June 30 beginning thirty (30) days after the Commencement of Operations. The Annual Community Impact Fee for the first year of operation shall be prorated based on the number of months the Establishment is in operation; provided, ho...
Community Impact Fee. Green Earth agrees that:
(a) For five (5) years (the “Term”) after the day Green Earth first commences sales from the Establishment (the "Sales Commencement Date"), with respect to all sales of Marijuana, Marijuana Products and Marijuana Accessories (hereinafter collectively referred to as "Marijuana Product") on or from the Premises, Green Earth shall provide annual community impact funding ("CIF") to the Town in the amount of three percent (3%) of the Gross Sales of Marijuana Product from the Premises. The term "Gross Sales" as used herein shall mean total sales as determined in accordance with generally accepted accounting principles or tax accounting methods, reduced by customer returns, if any, and not including the amount of state or local sales tax collected.
Community Impact Fee. For the operation as a Marijuana Retailer, the OPERATOR shall pay a community impact fee as allowed by M.G.L. c. 94G, § 3 (d) (“Impact Fee”) in the amounts and under the terms provided herein. OPERATOR shall pay 3% of Gross Sales due as follows: regulated adult-use
a. The OPERATOR shall make quarterly payments to the TOWN in an amount equal to three percent (3%) of the gross quarterly sales of cannabis and cannabis products.
b. The first quarterly payment shall be made within thirty (30) days of the close of the first fiscal quarter following commencement of operations.
c. Subsequent quarterly payments shall be due within thirty (30) days of the end of the OPERATOR’s preceding fiscal quarter throughout the term of the HCA.
d. In the event of a relocation out of the TOWN, an adjustment of the Impact Fee due to the TOWN shall be calculated based on the period of occupation of the Facility with the TOWN, but in no event shall the TOWN be responsible for the return of any Payment or portion thereof already provided to the TOWN by the Company.
Community Impact Fee. The Town anticipates that, as a result of the Operator's operation of the Retail Marijuana Establishment, the Town will incur additional expense and impacts upon its road system, law enforcement, inspectional services, permitting services, administrative services, public health services and education in addition to potential additional unforeseen impacts upon the Town. Accordingly, in order to mitigate the direct and indirect financial impact upon the Town and use of Town resources, the Operator agrees to annually pay a community impact fee to the Town, in the amounts and under the terms provided herein {The 11Annual Payments11 )
Community Impact Fee. OPERATOR shall pay to the CITY, an annual community impact fee in the sum of 2.5 per cent of the gross sales of its adult use, i.e., non-medical, Marijuana Cultivation Establishment at the Subleased Premises.
a. OPERATOR understands and agrees that the purpose of the Community Impact Fee is to alleviate the impacts of the siting of the Marijuana Cultivation Establishment in the City, which include, but are not limited to, expenditures of City funds to: i) promote and maintain a positive perception of the City to other residents, visitors and businesses; ii) address impacts on public health and safety, including creation of addiction prevention and education programs; iii) maintain roads and public services;
