Common use of Parks and Recreation/Open Space Contribution Clause in Contracts

Parks and Recreation/Open Space Contribution. Developer shall pay to the City, prior to obtaining a building permit for the Project, the sum of one hundred and ninety-six thousand, six hundred fifty-seven dollars ($196,657) to be used by the City for public parks and recreation improvements.

Parks and Recreation/Open Space Contribution. Developer shall pay to the City, prior to obtaining a building permit for the Project, the sum of one two hundred and ninety-six thousand, six hundred fifty-seven ten thousand dollars ($196,657210,000) to be used by the City for public parks and recreation improvements.