Common use of Parks and Recreation/Open Space Contribution Clause in Contracts

Parks and Recreation/Open Space Contribution. Developer shall pay to the City, prior to obtaining a building permit for the Project, the sum of two hundred and ten thousand dollars ($210,000) to be used by the City for public parks and recreation improvements.

Parks and Recreation/Open Space Contribution. Developer shall pay to the City, prior to obtaining a building permit for the Project, the sum of two one hundred and ten thousand ninety-six thousand, six hundred fifty-seven dollars ($210,000196,657) to be used by the City for public parks and recreation improvements.