Common use of Monetary development contribution Clause in Contracts

Monetary development contribution. (a) A monetary Development Contribution is made for the purposes of this Agreement when the Council receives the total amount of the contribution in cash, by bank cheque or by electronic funds transfer of cleared funds into a bank account nominated by the Council. (b) The Developer is to give the Council not less than two Business Days written notice of its intention to pay a monetary Development Contribution. (c) After having given notice under clause 4.2(b), the Developer is required to attend a Council Office to pay the monetary Development Contribution.

Appears in 2 contracts

Samples: Planning Agreement, Planning Agreement

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Monetary development contribution. β€Œ (a) A monetary Development Contribution is made for the purposes of this Agreement when the Council receives the total amount of the contribution in cash, by bank cheque or by electronic funds transfer of cleared funds into a bank account nominated by the Council. (b) The Developer is to give the Council not less than two Business Days written notice of its intention to pay a monetary Development Contribution.Contribution.β€Œ (c) After having given notice under clause 4.2(b), the Developer is required to attend a Council Office to pay the monetary Development Contribution.

Appears in 1 contract

Samples: Planning Agreement

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Monetary development contribution. (a) A monetary Development Contribution is made for the purposes of this Agreement when the Council receives the total amount of the contribution in cash, by bank cheque or by electronic funds transfer of cleared funds into a bank account nominated by the Council. (b) The Developer is to give the Council not less than two Business Days written notice of its intention to pay a monetary Development Contribution. (c) After having given notice under clause 4.2(b), the Developer is required to attend a Council Office at Prince Street, Grafton or River Street, Xxxxxxx to pay the monetary Development Contribution.

Appears in 1 contract

Samples: Planning Agreement

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