Community Benefits Fund definition

Community Benefits Fund is defined in Section 6.1.

Community Benefits Fund is defined in the Community Benefits Plan.

Community Benefits Fund is defined in the Community Benefits Plan. “Community Benefits Plan” is defined in the DDA.

Examples of Community Benefits Fund in a sentence

• Accordingly, the primary responsibility for resolving disputes lies with the upline Ambassadors of the Distributors involved.

• Each Vertical Developer shall pay (or cause payment) to the Community Benefits Fund upon the close of escrow of the initial sale to an Owner/Occupant of each Market Rate Unit an amount equal to one-half of one percent (0.5%) of the sale price of such Market Rate Unit.

• Until such time as the BVHP Representative Entity is formed and independently operating, expenditures from the Community Benefits Fund shall be determined by the Agency Director following consultation with the CAC and the PAC as applicable.

• One hundred percent (100%) of the Community Benefits Fund shall be reinvested by the Agency in the Project Site and BVHP to (a) benefit low- and moderate-income families; (b) eliminate blight; and/or (c) meet other community development needs of BVHP as determined by the BVHP Representative Entity, including those related to social services, affordable housing, education, the arts, public safety, assistance for senior citizens and other community services.

• Any amounts not used in a year shall carry forward to future years of the Project or, at the option of the Agency, be paid into the Community Benefits Fund.

More Definitions of Community Benefits Fund

Community Benefits Fund means a fund established and managed collectively by BGEC for the purpose of administering community benefits.

Community Benefits Fund means a non-profit fund or trust account that shall be established with and administered by a qualified third-party designated by Coalition Organizations, established to hold and distribute funds provided to it by the Developer according to procedures established by agreement between the third-party entity and Coalition Organizations, with funds to be used only for purposes as set forth in the Agreement.

Community Benefits Fund means an amount allocated at a rate of five thousand, nine hundred (5,900) dollars per turbine by the Project per annum and administered by the Community Benefits Fund Committee.

Community Benefits Fund means a non-profit fund or trust account that shall be established with and administered by a qualified third-party designated by the Coalition, established to hold and distribute funds provided to it by Developer and/or Developer Successor according to procedures established by agreement between the third-party entity and the Coalition, with such funds to be used only for purposes as set forth in this Agreement.9

Community Benefits Fund means a dedicated fund for developments in Census tracts with more than 34.5% poverty as measured by the US Census Bureau and described in Section 5 of the Ordinance.

Community Benefits Fund means an amount allocated at a rate of eighty thousand, ($80,000.00) dollars by the Project per annum and administered by the Community Benefits Fund Committee.

Community Benefits Fund has the meaning set forth in Section 4.2 of this Agreement.