Common use of Development Contributions Clause in Contracts

Development Contributions. The Developer undertakes to provide the Development Contribution to the Council or their nominee in the manner set out in the table below: Dedication of Offset Land to Council As detailed in clause 2 of this Schedule 4 and by the Dedication Date in accordance with clause 2 of this Schedule 4 Maintenance of the Offset Land As detailed in clause 3 of this Schedule 4 and for the duration of the Maintenance Period in accordance with clause 3.2 of this Schedule 4 Payment of the Monetary Contribution towards the upgrade of open space facilities at Bennett Park As detailed and in accordance with clause 4 of this Schedule 4 Design and works associated with the Traffic Signals at the ▇▇▇▇▇ Avenue, ▇▇▇▇▇▇▇ Street and Entrance intersection As detailed in accordance with clause 5 of this Schedule 4 Design and works associated with the capacity improvements at Chapel Street and Glossop Street intersection to accommodate the creation of an additional right hand turn lane As detailed in accordance with clause 6 of this Schedule 4 Design and works associated with the Embellishment Works for the Public Plaza located on the Offset Land As detailed in accordance with clause 7 of this Schedule 4 Provision of Affordable Housing As detailed in accordance with clause 8 of this Schedule 4