Public Purposes Clause Samples
The 'Public Purposes' clause defines the use of property, funds, or actions for objectives that benefit the general public or serve the community at large. In practice, this clause often appears in contracts or legal documents to specify that certain resources or activities must be dedicated to projects like infrastructure, education, or public health, rather than private or commercial interests. Its core function is to ensure that designated assets or actions are used in a manner that supports societal needs, thereby preventing misuse for personal gain and promoting transparency in the allocation of resources.
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Public Purposes. The Authority has found and determined that the purchase of Mortgage-Backed Securities under the terms hereof will further the purposes of the Act by assisting in the provision of decent, safe and sanitary residential housing available within the State.
Public Purposes. A. Public Purposes: The DALLAS ISD Board of Trustees identifies the following proper educational public purposes for DALLAS ISD's support of the DEF:
1. Because of the uncertainty and restrictions inherent in the Texas public school finance system, DALLAS ISD must seek alternative sources of revenue to continue and/or enhance its quality educational programs.
2. Maximization of alternative revenue sources requires strong community support.
3. The DEF is the nonprofit education corporation organized for educational and charitable purposes specifically for DALLAS ISD. The DEF invests time and resources to generate and improve community support for creating alternative revenue sources that benefit DALLAS ISD and its students.
4. Strong community support to assist DALLAS ISD in maximizing alternative revenue sources requires reciprocal commitment and support from DALLAS ISD.
Public Purposes. The Grantee agrees that the Project to which this Grant Agreement relates shall be dedicated to public purposes as part of its corporate capital and any project constructed or equipment or facilities acquired, shall be owned and operated for the benefit of the general public. The Grantee shall spend monies appropriated under this grant only for the purposes specified in the Grant Agreement. The benefits of the Project shall be made available without regard to race, religion, color, national origin, age, physical handicap, sex, marital status, changes in marital status, pregnancy or parenthood.
Public Purposes. The Grantee agrees that the project shall be dedicated to public purposes for its useful life. The benefits of the project shall be made available without regard to race, religion, color, national origin, age, physical disability, gender, marital status, change in marital status, pregnancy or parenthood.
Public Purposes. The parties agree and acknowledge that Payments made hereunder are for public purposes of the Affected Tax Jurisdictions, and to provide a revenue source that the Affected Tax Jurisdictions would otherwise lose because the Facility is not on the tax rolls.
Public Purposes. The Grantee agrees that the Project to which this Grant Agreement relates shall be dedicated to public purposes as part of its corporate capital and any project constructed or equipment or facilities acquired, shall be owned and operated for the benefit of the general public. The Grantee shall spend monies appropriated under this grant only for the purposes specified in the Grant Agreement. The benefits of the Project shall be made available without regard to race, religion, color, national origin, age, physical handicap, sex, marital status, changes in marital status, pregnancy or parenthood. (Need to make sure items that maybe in the Scope of Work [Attachment C] may more appropriately belong here as a grant condition to protect the public interest.)
Public Purposes. The School Board has identified the following educational public purposes for the district’s support of the Foundation:
1. The District has established a fundraising initiative to support the educational development of State College Area School District students.
2. Community support to assist the District in maximizing alternative revenue sources requires reciprocal commitment and support from the District.
3. Continuation of the momentum achieved in pursuing alternative revenue sources through the Foundation requires a continual commitment from the District.
4. Community involvement in raising money for educational programs achieves a deeper level of investment in the District. The Foundation has a role in achieving a deeper level of community engagement in the District.
5. The Foundation is a nonprofit education corporation investing time and resources to generate and improve community support for fundraising activities that benefit the District and its students.
6. The District supports the Foundation through the Foundation's limited use of facilities, equipment and personnel.
7. Solicitations of additional revenue by Foundation directors and personnel decreases the fundraising burden of the Superintendent and District administration leaving them free to focus on the District’s educational mission. The Foundation provides the District with expertise and capacity to raise revenue. Draft
8. The District’s educational programs and facilities will be the sole beneficiary of all of the revenues net proceeds and in-kind donations obtained by the Foundation.
Public Purposes. The parties agree and acknowledge that the Development Contribution made in accordance with this Schedule 4 serve the public purpose of conserving and enhancing the natural environment. Schedule 5 – Security
1. Developer to provide Security
(a) The Developer must provide the Security for item 1 to the Council prior to the issue of the first Construction Certificate for the Development.
(b) The Developer must provide the Security for items 2 and 3 to the Council prior to the relevant trigger point or alternative trigger point as set out in the Table to clause 1.1 of Schedule 7.
Public Purposes. The Grantee agrees that the project to which this Grant Agreement relates shall be dedicated to public purposes for its useful life. The benefits of the project shall be made available without regard to race, religion, color, national origin, age, physical handicap, sex, marital status, changes in marital status, pregnancy, or parenthood. If the Grantee is a non-municipal entity and if monies appropriated under this grant constitute the sole or principal funding source for the acquisition of equipment or facilities, the Grantee agrees that in the event a municipal corporation is formed which possesses the power and jurisdiction to provide for such equipment or facilities, the Grantee shall offer, without compensation, to transfer ownership of such equipment or facilities to the municipal corporation. If the Grantee is a non-profit corporation that dissolves, the assets and liabilities from the grant project are to be distributed according to statutory law, AS 10.20.290-10.20.452.
Public Purposes. In approving and authorizing the execution of this Contract, the City Council of the City of Sanger, Texas does hereby find and determine that the provision by the Chamber of the services for the public purposes set forth herein-above, and the ministerial and administrative work related to the provisions of such services and the expenditure of the funds provided by the City for such purposes, are in the public interest and beneficial to the City and its inhabitants, and furthermore, that said funds can be better expended and said public purposes more effectively accomplished through the Chamber, acting through its Board of Directors with facilities, officers and employees skilled and experienced in said services, by means of this Contract.