Public Benefits.
5.1 Developer to provide Public Benefits The Developer must, at its cost and risk, provide the Public Benefits to the City in accordance with this document.
Public Benefits. This Agreement provides assurances that the public benefits identified below in section 3.1.3 will be achieved and developed in accordance with the Applicable Rules and Project Approvals and with the terms of this Agreement and subject to the City’s Reserved Powers. The Project will provide local and regional public benefits to the City, including without limitation those public benefits listed in Section 3.1.3 below.
Public Benefits. The Project will serve to redevelop an industrial site, will provide on-site infrastructure upgrades; and will provide additional housing opportunities to residents of the City. In addition, the Project will improve the City’s open space and recreational facilities by providing the following:
Public Benefits. Parties acknowledge that the Project is advancing the CRA, including but not limited to the policies and goals identified on pages 7 and 17 of the Conceptual Guide Plan. Parties agree that the proposed public benefit items in the Public Benefit Matrix, outlined in Exhibit C, are consistent with the SMC, Shoreline Comprehensive Plan, CRA, and Planned Action. The City will not request or require any additional public benefits as part of the Project so long as the application is consistent with the Agreement.
Public Benefits. Development of the Project will result in significant public benefits, as more fully described hereinafter, including, without limitation:
6.1. Implementation of many of the development goals set forth in the Town of Xxxxxx General Plan;
6.2. The provision of additional residential opportunities within the Town of Xxxxxx;
6.3. The provision of services within walking distance to development, as well as opportunities for employment;
6.4. The provision of a mixed-use development that is a logical extension of adjacent downtown uses;
6.5. The furtherance of the goals and objectives of the Town's Housing Element.
Public Benefits. 11
5.1 Developer to provide Public Benefits 11 6.1 From Developer 12
Public Benefits. 8 6. ACHIEVEMENT OF SUSTAINABILITY COMMITMENTS/ENVIRONMENTAL PERFORMANCE INITIATIVES 8 7. INDEMNITY 10 8. DEFECTS LIABILITY 10
Public Benefits. 6.1 The parties acknowledge and agree that Development of the Property will result in demands on public resources and the Project mitigates these demands through payments of sufficient fees to build necessary improvements and payment of taxes sufficient to pay for the cost of public safety and maintenance of public facilities. In addition the Project will deliver substantial benefits to residents of the City, including but not limited to:
a) The development of approximately 300 acres of industrial land and business park, including sufficient land to attract rail served industrial manufacturing users and potentially an office campus.
b) The ability to relocate current industrial users whose businesses are located near the new Fairfield-Vacaville Train station to the industrial park. The project provides land and the ability to relocate businesses within the same proximity.
c) The advancement of the City’s 2002 General Plan, as amended, including meeting the goals of sustainable, walkable communities nestled near transit.
d) Advancement of the Vacaville-Xxxxxxxxx-Xxxxxx Greenbelt Plan, securing a significant portion of the Greenbelt land east of Peabody Road and north of Xxxxxx Air Force Base in permanently preserved land, including certain lands accessible to the public.
e) Permanently provides a buffer between the cities of Fairfield and Vacaville in the Northeast Area.
f) Provides funding to assist in the construction of the Xxxxxx Parkway.
g) Provides an improved entrance to Xxxxxx Air Force Base including safer travel ways and elimination of the at-grade rail crossing at Canon and Vanden Roads through the construction of New Canon Road.
h) Provides nearby housing choices for the Xxxxxx Air Force Base workforce.
i) Permanently secures portions of the Xxxxxx Reserve in permanent open space.
j) Creates a “new-age” master planned community, providing varieties of housing choices for Fairfield residents, including housing near the Train Station that will serve commuters on the Capitol Corridor route.
k) Creation of Lake Park, a citywide amenity intended to become a gathering place for neighborhood, community and city events as well as an amenity that residents may use daily for recreational purposes.
Public Benefits. 6 2.3.2 Developer Objectives..................... 10 2.3.3 Mutual Objectives.......................... 11 2.4 Applicability of the Agreement............... 11
Public Benefits. The following public benefits shall be provided:
(a) Acreage adjacent to the Teton River shall be used as an interpretive river park. This park will be located and constructed by the Owner and maintained at the expense of the POA and shall be made available to the public on a reservation basis administered by the POA. A temporary interpretive river park was completed as part of Division I. The permanent interpretive river park will be finished upon completion of the South Canyon Development (Phase VI) described in paragraph 6 above, or December 31, 2026, whichever occurs first.
(b) Snowmobile access along County Road 9400West.
(c) Owner shall provide a cash sum of $1,000 per lot at the time of final plat recording of each phase of Division II which will be paid to Teton County, Idaho, for use by Teton County, Idaho, as determined by the Board of County Commissioners.Pathway on West Loop Road located within the River Rim Subdivision.
