Common Contracts
1 similar Public Benefits Agreement contracts
Amendment 1 (Commissioner Ryan)Public Benefits Agreement • November 21st, 2024
Reporting. No later than April 1 of 7, 10, and 12 years after the effective date of this Agreement, Property Owners will provide Bureau of Planning and Sustainability (BPS) and Prosper Portland with a report identifying the total new jobs created and the total Middle-Wage Jobs on the Subject Properties since January 1, 2025. This report must include data demonstrating whether any jobs have been eliminated on the Subject Properties. The report must also include documentation and data supporting any reduction for Small Business Job Creation through lease or sale below market rates of non- residential square footage on the Subject Properties. For informational purposes, the report will include the following additional data: 1) the racial breakdown of employees holding the newly created middle- wage jobs in an anonymized manner and to the extent individual employees elect to disclose race or ethnicity or the employer otherwise has the information, and 2) information related to whether the
