Common Contracts
1 similar Traffic Monitoring and Mitigation Agreement contracts
AMENDED AND RESTATED TRAFFIC MONITORING AND MITIGATIONTraffic Monitoring and Mitigation Agreement • June 21st, 2024
This Amended and Restated Traffic Monitoring and Mitigation Agreement ("Agreement") is entered into as of June , 26, 2024 by and between the Town of Belmont, acting by and through its Select Board ("Belmont"), and The McLean Hospital Corporation ("McLean") to supersede and replace the Traffic Monitoring and Mitigation Agreement between the same parties dated November 22, 1999 (the “1999 TMMA”). This Agreement establishes the maximum level of permitted traffic to be generated by uses within the McLean Institutional zoning subdistrict in the event it is no longer used for psychiatric hospital purposes and to set forth the recourse actions to be taken by Belmont in the event that the actual traffic levels exceed such permitted levels. This Agreement also details the traffic mitigation measures for which McLean agrees to provide the funding in addition to the funding it has already provided between the approval of the 1999 TMMA and this Agreement.
