Public Benefits and Public Improvements Clause Samples

Public Benefits and Public Improvements. 11.2.1 Following its commencement of construction of any phase of the Project and in all cases subject to Sections 2.6 and 3 of this Agreement, Owner will construct the Public Improvements required by the Existing Project Approvals or any Subsequent Project Approvals in phases concurrent with the development of each Building of each phase of the Project and in accordance with the phasing plan set forth in the Specific Plan. 11.2.2 The Project provides for certain public benefits including but not limited to the following: (a) Full cost of build out and dedication of 4th Street and Jack Rabbit Trail on the Property as new public roads. (b) The Public Benefits Fee described in Section 11.3. (c) Expansion of the sewer lift station at 4th Street and Potrero Boulevard to increase capacity required to serve the Project, providing capacity for the Project and Additional Wet Well Capacity available to the City. (d) Payment of TUMF, school fees, MSHCP fees, Development Fees, and utility connection fees subject to fee credits as described in this Agreement. (e) Construction of Offsite Traffic Improvements and/or payment of fair share contributions towards traffic improvements as described on Exhibit “D”. (f) Conveyance of 230.82 acres of land, including 152.42 acres on the Property (Planning Area 10) and 78.40 acres of land offsite, to RCA or to another conservation agency or non-profit organization with the approval of RCA to further wildlife interests, providing access for wildlife movement to Caltrans constructed and proposed wildlife undercrossings along the SR-60 Freeway abutting the northern Project boundary and construction of fencing around property perimeter to support the function of Proposed Core 3 of the MSHCP, consistent with the MSHCP goals of providing live-in habitat and facilitating movement of wildlife. (g) Increase in local tax revenues including sales and property taxes and transit occupancy taxes. (h) Increase in employment opportunities in local area.