Relative Benefits of the Project Sample Clauses

Relative Benefits of the Project. The Project will provide the Project Site, which is currently underutilized, with a state-of-the-art industrial distribution warehouse, which will generate revenues and create jobs. Additionally, the undertaking of the Redevelopment Project, of which the Project is a part, will provide roadway and associated public infrastructure improvements in the Borough, including expanding and improving the Borough’s Department of Public Works Parking Lot. The undertaking of the Project will also help the Borough satisfy its constitutional obligation because the Entity will make a payment to the Borough, described in more detail in the Second Amended and Restated Redevelopment Agreement, which the Borough will use to provide housing opportunities for households of low and/or moderate income. The Project is expected to produce approximately 150 temporary construction jobs and approximately 211 permanent jobs.
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Relative Benefits of the Project i. The Project will provide necessary commercial development of a vacant property.
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Relative Benefits of the Project i. The development and construction of the Project as set forth in the Application and the Plan will be beneficial to the overall community; will achieve the goals and objectives of the Redevelopment Plan; will help revitalize a long underutilized site; will improve the quality of life for the community; will serve as a catalyst for further private investment in areas surrounding the Property and will enhance the economic development of the Township. In addition, the Project will provide quality and sustainable senior housing with supportive services for the residents that will allow them to age in place.
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Related to Relative Benefits of the Project

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