Common use of Developer Contributions Clause in Contracts

Developer Contributions. As acknowledgement that existing municipal infrastructure including certain facilities provide benefit to the development of the Said Lands and/or that development of the Said Lands may require expansion of certain infrastructure and facilities. The Developer agrees to make contributions for each contributing hectare within the Said Lands to the City in accordance with the rates established by Council by the Developer Contribution Policy and as calculated in Schedule III of this Agreement.

Developer Contributions. As acknowledgement that existing municipal infrastructure including certain facilities provide benefit to the development of the Said Lands and/or that development of the Said Lands may require expansion of certain infrastructure and facilities. The , the Developer agrees to make contributions for each contributing hectare within the Said Lands to the City for the following: a. Arterial Road System b. Neighborhood Park Development c. District Park Development d. Recreation Facilities e. Administration Studies The amount of such developer contributions shall be in accordance with the rates established by Council by the Developer Contribution Policy Bylaw or resolution and as calculated in Schedule III IV of this Agreement.

Developer Contributions. As acknowledgement that existing municipal infrastructure including certain facilities provide benefit to the development of the Said Lands and/or that development of the Said Lands may require expansion of certain infrastructure and facilities. The , the Developer agrees to make contributions for each contributing hectare within the Said Lands to the City for the following: a. Neighborhood Park Development b. District Park Development c. Recreation Facilities d. Administration Studies e. Land Acquisition f. MR – ▇▇▇▇ in Lieu The amount of such developer contributions shall be in accordance with the rates established by Council by the Developer Contribution Policy or resolution and as calculated in Schedule III IV of this Agreement.

Developer Contributions. As acknowledgement that existing municipal infrastructure including certain facilities provide benefit to the development of the Said Lands and/or that development of the Said Lands may require expansion of certain infrastructure and facilities. The Developer agrees to make contributions for each contributing hectare within the Said Lands to the City in accordance with the rates established by Council by the Developer Contribution Policy and as calculated in Schedule III IV of this Agreement.