Works In Kind and Material Public Benefit Sample Clauses

Works In Kind and Material Public Benefit. Council, at its discretion, may accept the provision of a material public benefit by a proponent in lieu of the payment of development contributions. Definitions specific to consideration of Works In Kind is explained as follows: Application An application for Works In Kind (WIK), Material Public Benefit (MPB), Contribution Offsets or combinations thereof; Consent The Development Consent that has initiated the Application; Contribution Offsets The dedication of land and/or the construction of infrastructure required as part of Council's adopted plans; Material Public Benefits (MPB) consist of some physical (material) component, other than land dedication or monetary contribution, in settlement of the contributions levied upon the development consent, but does not include works nominated in a contribution plan’s Work Schedule or planning agreement; Plan The applicable Section 94 contribution plan; WIK Agreement A formal agreement that must be entered into with Council following Council approval of an Application under this policy; Works In Kind (WIK) is the undertaking of work, or the provision of amenities, services or facilities, or the dedication of land as nominated in the Plan's Work Schedule and includes reference to Contribution Offsets;