Joint Employment and Procurement Advisory Board. (1) The Joint Employment and Procurement Advisory Board (the “JEPAB”) is and will be a private entity acting in an advisory capacity to Developer and the other Detroit Casino Developers. Developer cooperated with the other Detroit Casino Developers to establish and fund the JEPAB. Developer and each of the other Detroit Casino Developers, at their option, will appoint one (1) member to the JEPAB, and the Mayor and the City Council will each be invited to appoint three (3) members from the community at large. The public appointees will be non-salaried, but will be entitled to expense reimbursement paid by the JEPAB. (2) The purpose of the JEPAB will be to work closely with the Developer and the other Detroit Casino Developers to evaluate the effectiveness of, and recommend improvements to, Developer’s and each of the other Detroit Casino Developers’ respective programs to achieve their goals of not less than fifty-one percent (51%) Detroit resident employment and not less than thirty percent (30%) procurement of goods and services from Detroit-Based Businesses, Detroit Resident Businesses, minority business concerns, women-owned businesses and/or Small Business Concerns. The JEPAB will review Developer’s and each of the other Detroit Casino Developer’s practices and programs aimed at achieving such goals, review the success of such efforts, recommend improvements and refinements to such practices and programs, and assist the Developer and each of the other Detroit Casino Developers in involving local community organizations and businesses in support of such efforts. Additionally, the JEPAB may recommend to Developer and each of the other Detroit Casino Developers the engagement of outside consultants to provide expert, independent guidance as to how to make Developer’s and each of the other Detroit Casino Developers’ programs more effective. (3) The City will use an aggregate of Two Million Dollars ($2,000,000) from the Minority Business Development Fund to fund the activities of the JEPAB, which amount shall be in addition to those amounts paid to or received by the JEPAB prior to the date of this Agreement.
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Samples: Development Agreement (Greektown Superholdings, Inc.), Development Agreement (New Greektown Holdco LLC)
Joint Employment and Procurement Advisory Board. (1) The Joint Employment and Procurement Advisory Board (the “"JEPAB”") is and will be a private entity acting in an advisory capacity to Developer and the other Detroit Other Land-Based Casino Developers. Developer cooperated shall cooperate with the other Detroit Other Land-Based Casino Developers to establish and fund the JEPABJEPAB within thirty (30) days after the Closing Date. Developer and each of the other Detroit Other Land-Based Casino Developers, at their option, Developers will appoint one two (12) member members to the JEPAB, and the Mayor and the City Council will each be invited to appoint three two (32) members from the community at large. The public appointees will be non-salaried, but will be entitled to expense reimbursement paid by the JEPAB.
(2) The purpose of the JEPAB will be to work closely with the Developer and the other Detroit Other Land-Based Casino Developers to evaluate the effectiveness of, and recommend improvements to, Developer’s 's and each of the other Detroit Other Land-Based Casino Developers’ ' respective programs to achieve their goals of not less than fifty-one percent (51%) Detroit resident employment and not less than thirty percent (30%) procurement of goods and services from Detroit-Based Businesses, Detroit Resident Businesses, minority business concerns, women-owned businesses and/or Small Business Concerns. The JEPAB will review Developer’s 's and each of the other Detroit Other Land-Based Casino Developer’s Developers' practices and programs aimed at achieving such goals, review the success of such efforts, recommend improvements and refinements to such practices and programs, and assist the Developer and each of the other Detroit Other Land-Based Casino Developers in involving local community organizations and businesses in support of such efforts. Additionally, the JEPAB may recommend to Developer and each of the other Detroit Other Land-Based Casino Developers the engagement of outside consultants to provide expert, independent guidance as to how to make Developer’s 's and each of the other Detroit Other Land-Based Casino Developers’ ' programs more effective.
(3) The City will use an aggregate of Two Developer commits One Million Dollars ($2,000,0001,000,000) from the Minority Business Development Fund to fund the activities of the JEPAB. Such amount will be derived from funds dedicated under SECTION 8.1(j) to promote development, which amount economic growth and jobs in the City. Developer shall be in addition to those amounts paid to or received by fund the JEPAB prior according to the date following schedule: Two Hundred Thousand Dollars ($200,000) on the formation of this Agreementthe JEPAB; Four Hundred Thousand Dollars ($400,000) on the six (6) month anniversary of the Closing Date; and Four Hundred Thousand Dollars ($400,000) on the twelve (12) month anniversary of the Closing Date.
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Samples: Development Agreement (Circus Circus Enterprises Inc)
Joint Employment and Procurement Advisory Board. (1) The Joint Employment and Procurement Advisory Board (the “"JEPAB”") is and will be a private entity acting in an advisory capacity to Developer and the other Detroit Other Land-Based Casino Developers. Developer cooperated shall cooperate with the other Detroit Other Land-Based Casino Developers to establish and fund the JEPABJEPAB within thirty (30) days after the Closing Date. Developer and each of the other Detroit Other Land-Based Casino Developers, at their option, Developers will appoint one two (12) member members to the JEPAB, and the Mayor and the City Council will each be invited to appoint three two (32) members from the community at large. The public appointees will be non-salaried, but will be entitled to expense reimbursement paid by the JEPAB.
(2) The purpose of the JEPAB will be to work closely with the Developer and the other Detroit Other Land-Based Casino Developers to evaluate the effectiveness of, and recommend improvements to, Developer’s 's and each of the other Detroit Other Land-Based Casino Developers’ ' respective programs to achieve their goals of not less than fifty-one percent (51%) Detroit resident employment and not less than thirty percent (30%) procurement of goods and services from Detroit-Based Businesses, Detroit Resident Businesses, minority business concerns, women-owned businesses and/or Small Business Concerns. The JEPAB will review Developer’s 's and each of the other Detroit Other Land- Based Casino Developer’s Developers' practices and programs aimed at achieving such goals, review the success of such efforts, recommend improvements and refinements to such practices and programs, and assist the Developer and each of the other Detroit Other Land-Based Casino Developers in involving local community organizations and businesses in support of such efforts. Additionally, the JEPAB may recommend to Developer and each of the other Detroit Other Land-Based Casino Developers the engagement of outside consultants to provide expert, independent guidance as to how to make Developer’s 's and each of the other Detroit Other Land-Based Casino Developers’ ' programs more effective.
(3) The City will use an aggregate of Two Developer commits One Million Dollars ($2,000,0001,000,000) from the Minority Business Development Fund to fund the activities of the JEPAB. Such amount will be derived from funds dedicated under Section 8.1(j) to promote development, which amount economic growth and -------------- jobs in the City. Developer shall be in addition to those amounts paid to or received by fund the JEPAB prior according to the date following schedule: Two Hundred Thousand Dollars ($200,000) on the formation of this Agreementthe JEPAB; Four Hundred Thousand Dollars ($400,000) on the six (6) month anniversary of the Closing Date; and Four Hundred Thousand Dollars ($400,000) on the twelve (12) month anniversary of the Closing Date.
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