Development Contribution definition

Development Contribution means the amount of money referred to in item 5 of the Schedule;

Development Contribution means the provision made by a developer under a planning agreement, being payment of a monetary contribution, the dedication of land, the carrying out of a work-in-kind, the provision of a material public benefit to be used for or applied towards a public purpose, or any combination of the above.

Development Contribution means the sum of the Monetary Contribution, Dedicated Land or other Public Benefits (including, without limitation, the works the subject of this Agreement) including any combination of the above. GST has the same meaning as in the GST Law.

Examples of Development Contribution in a sentence

• Subject to clause 9.2, provided that the Developer has complied with its obligations under this Agreement, to pay the Development Contribution or any other amount payable under this Agreement, the Council will return the Bank Guarantee to the Developer.

• The Council is to apply each Development Contribution made by the Developer under this Deed towards the public purpose for which it is made and otherwise in accordance with this Deed.

• Any Contribution Value specified in this Deed in relation to a Contribution Item comprising a Work to be carried out or Dedication Land does not serve to define the extent of the Developer’s obligation to make the Development Contribution [Include this clause only if Contribution Values are specified in this Deed].

• The benefits under this Deed are to be taken into consideration in determining a Development Contribution under s7.11 of the Act to the Development to the extent provided for in Item 7 in Schedule 1.

• A monetary Development Contribution is made for the purposes of this Deed when the Council receives the full amount of the contribution payable under this Deed in cash or by unendorsed bank cheque or by the deposit by means of electronic funds transfer of cleared funds into a bank account nominated by the Council.

More Definitions of Development Contribution

Development Contribution means a monetary contribution, the dedication of land free of cost or the provision of a material public benefit.

Development Contribution means the sum of $4,713,956 and referred to in item 6 of the Schedule;

Development Contribution means the amount required, by the planning authority pursuant to Sections 48 and 49 of the Planning and Development Act 2000 (as amended), to be contributed as a condition of planning permission towards the cost of public infrastructure and facilities benefiting development in the administrative area of the planning authority.

Development Contribution means the payment of a monetary contribution or the dedication of land free of cost.

Development Contribution means a financial charge or contribution that is levied by the Municipality, as contemplated in this By-law, for the provision, installation, upgrading of engineering services, including payment of which will contribute towards the Municipality’s expenditure on capital investment in municipal infrastructure services and provision of public transport read with sections 40(7)(b) and 49 of the Act;

Development Contribution means a contribution referred to in section 7.11 of the EP&A Act.

Development Contribution means a monetary contribution, the dedication of land, the carrying out of Work, or the provision of any other material public benefit, or any combination of them, to be used for, or applied towards, a Public Purpose. Eastern Creek Precinct (Stage 3) means the land to which the Precinct Plan applies. Final Lot means a lot to be created in the Development for separate occupation and disposition not being: