Community Project Fund Clause Samples

Community Project Fund. Upon issuance of the Permit for ▇▇▇▇▇▇ Unit 6, EPE will provide $400,000 to a charitable fund (preferably a 501(c)(3) non-profit organization) to be designated and administered by Chaparral Community Coalition as part of a community benefits agreement. The Chaparral Community Coalition will have authority to determine how the funds are spent but shall include pollution reduction or mitigation measures. Sierra Club expressly will not have decision-making authority for how the funds will be spent but may have an advisory role.