Public Benefit Amount definition

Public Benefit Amount has the meaning set forth in Section 4.2.
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Examples of Public Benefit Amount in a sentence

  • City shall use the Public Benefit Amount to pay for the impact on and maintenance or improvement of City neighborhoods and the existing level of service of City infrastructure and services to accommodate for the Project.

  • Failure or refusal of Developer to (a) provide any such report to City, State Licensing Authority, or the State Taxing Authority within the time required by that entity, or (b) pay the Public Benefit Amount or amount due to a State Licensing Authority or State Taxing Authority when the same are due and payable, shall constitute full and sufficient grounds for the revocation or suspension of the Conditional Use Permit.

  • Developer shall not accrue or be liable to City for any Ministerial Fees or Public Benefit Amount during the Tolling Period.

  • If Developer fails to make any payment when due as required by this Agreement, including the Public Benefit Amount, City may impose a “Non-Performance Penalty.” A Non-Performance Penalty of ten percent (10%) shall be applied to all past due payments.

  • Developer shall be required to compensate City for all additional impacts on City infrastructure or services associated with any Additional Licenses and the Public Benefit Amount shall be revised accordingly.

  • In the event Developers obtain any Additional Licenses and those Additional Licenses are approved by the City Manager as a Minor Amendment, the applicable Public Benefit Amount shall increase, without notice or demand, to the next highest tier amount (e.g. a move from Tier 1 to Tier 2) (“Acceleration”).

  • If Developers fail to make any payment when due as required by this Agreement, including the Public Benefit Amount, City may impose a “Non-Performance Penalty.” A Non-Performance Penalty of one percent (1%) shall be applied to all past due payments.

  • If Developer fails to make any payment when due as required by this Agreement, including the Public Benefit Amount, City may impose a “Non-Performance Penalty.” A Non- Performance Penalty of one percent (1%) shall be applied to all past due payments.

  • If Developer fail to make any payment when due as required by this Agreement, including the Public Benefit Amount, City may impose a “Non-Performance Penalty.” A Non-Performance Penalty of one percent (1%) shall be applied to all past due payments.