Common Contracts

1 similar null contracts

Proposed Amendments to Planning Agreement
May 2nd, 2022
  • Filed
    May 2nd, 2022

Clause Current wording Proposed wording 5.6 Include a new paragraph at the bottom of the clause The Monetary Contribution is to be used by Council towards the works listed in theWarnervale District Contribution Plan. 5.7 The payment required by Clause 5.6 of this Agreement may be offset by a credit to be given to the Proponent by Council for the transfer of the part of the “Road Land” which shown by hatching on the map in Schedule 2. The quantum of that credit is to be calculated according to its area (100.12m2) multiplied by greater of $45 per square metre or a rate per square metre introduced by a Contribution Plan that appliesto that land at the date of payment The payment required by Clause 5.6 of this Agreement may be offset by a credit to be given to the Proponent by Council for the land and works outlined in Schedule 4 of the agreement and approved by SCC/58/2020. 5.8 New Clause Reduction in monetary contributions (a) To enable the reduction of monetary contributions, the propon

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.