Community Impact Fee Sample Clauses

Community Impact Fee. The Company anticipates that the Town will incur additional expenses and impacts on the Town’s road and other infrastructure systems, law enforcement, fire protection services, inspectional services, and permitting and consulting services, as well as unforeseen impacts on the Town. Accordingly, in order to mitigate the financial impact on the Town and use of Town resources, the Company agrees to pay an Annual Community Impact Fee to the Town, in the amount and under the terms provided herein.
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Community Impact Fee. Within one year after MGE pays the Project License Fee, but before the Project is Open for Business to the General Public, on a date of MGE’s choosing, MGE will pay the Town an initial Community Impact Fee in the amount of $60,000.00 (Sixty Thousand Dollars). Contemporaneous with or after MGE’s payment to the Town of the initial Community Impact Fee, but on or before the date the Project is first Open for Business to the General Public, on a date of MGE’s choosing, MGE will begin making Annual Community Impact Fee payments to the Town, with the payment of subsequent Annual Community Impact Fees to begin on the anniversaries of the day the Project is first Open for Business to the General Public. MGE’s obligation to pay Annual Community Impact Fees to the Town will continue until the expiration or earlier termination of MGE’s initial Category 1 gaming license or any renewal thereof.
Community Impact Fee. The Company anticipates that the Town of Winchendon will incur additional expenses and impacts on the Town of Winchendon’s road and other infrastructure systems, law enforcement, fire protection services, inspectional services, and permitting and consulting services, as well as unforeseen impacts on the Town of Winchendon. Accordingly, in order to mitigate the financial impact on the Town and use of Town resources, the Company agrees to pay a Community Impact Fee to the Town, calculated annually, in the amount and under the terms provided herein.
Community Impact Fee. Flower & Soul agrees that:
Community Impact Fee. (1) During the term of this Agreement the Company shall pay to the Town a “Community Impact Fee” in an amount equal to three percent (3%) of the gross sales of the Facility (the “Community Impact Fee Payments”). The Community Impact Fee Payments shall be made as follows:
Community Impact Fee. For the operation as a Marijuana Retailer, the OPERATOR shall pay a community impact fee as allowed by M.G.L. c. 94G, § 3 (d) (“Impact Fee”) in the amounts and under the terms provided herein. OPERATOR shall pay 3% of Gross Sales due as follows: regulated Comment [KF3]: Deleted based on your comment adult-use
Community Impact Fee. On or before the date the Project is first Open for Business to the General Public, on a date of MGE’s choosing, MGE will make the first Annual Community Impact Fee payment to the Town; MGE will make subsequent Annual Community Impact Fee payments to the Town on the anniversaries of the day the Project is first Open for Business to the General Public. The Town intends to use the Annual Community Impact Fees to defray the costs of water quality testing of Silver Lake and other interconnected water resources. If such testing reveals impacts to the water quality of the Town’s water resources that the Town believes result from the withdrawal of water by the City of Brockton to provide water to the Project, the Town will look exclusively to the Community Mitigation Fund for mitigation funds and will not seek further impact mitigation from MGE. MGE’s obligation to pay Annual Community Impact Fees to the Town will continue until the expiration or earlier termination of MGE’s initial Category 1 gaming license or any renewal thereof.
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Community Impact Fee. The Company and the Town anticipate that the Town of Littleton will incur additional expenses and impacts on the Town of Littleton's road and other infrastructure systems, law enforcement, fire protection services, inspectional services, and permitting and consulting services, as well as unforeseen impacts on the Town. Accordingly, in order to mitigate the financial impact on the Town and use of Town resources, the Company agrees to pay a Community Impact Fee to the Town, in the amount and under the terms provided herein.
Community Impact Fee. The Parties acknowledge that the Town will incur additional expenses and impacts upon the Town. Accordingly, pursuant to X.X. x.94G, §3(d), in order to mitigate such impacts upon the Town and use of Town resources, upon Commencement of Operations, RELEAF shall provide as a payment to the Town a community impact fee of three percent (3%) of gross annual revenue (the “Community Impact Fee”). RELEAF acknowledges and agrees that the Town is under no obligation to use the Community Impact Fee in any particular manner and while the purpose of these payments is to assist the Town in addressing impacts the Facility may have on the Town, the Town may expend the Community Impact Fee for any proper public purpose, as determined by Town Meeting, subject to M.G.L. c. 44, § 53 or in accordance with any other general or special law. RELEAF agrees to prepay the first year of Community Impact Fee upon Commencement of Operations which gross revenue numbers shall be based on the sales generated in a similar facility operated by RELEAF in the Town of Mansfield, Massachusetts during the twelve-month period immediately preceding the date on which the Facility opens to the public for retail sales. Said prepayment shall be made within ten days of the date the Facility opens to the public for retail sales. Upon determination of the actual sales for the first year in Natick, there shall be a full reconciliation by the parties of the first years’ actual impact fee due to the Town of Natick. To the extent RELEAF is determined to owe more at the conclusion of the reconciliation period, it shall make said payment within sixty (60) days of said determination. To the extent RELEAF is determined to have overpaid, the amount of such overpayment shall be credited against its next Community Impact Fee payment.
Community Impact Fee. The Town anticipates that the Operator’s operation as a Marijuana Establishment and/or MMTC will impact Town resources in ways unique to such businesses and will uniquely draw upon Town resources including the Town’s road system, law enforcement, fire protection services, inspectional and permitting services, public health services in a manner not shared by the general population and shall cause additional unforeseen impacts upon the Town. Pursuant to M.G.L. c. 94G, §3(d), a “community impact fee shall be reasonably related to the costs imposed upon the Town by the operation of the marijuana establishment...” (“Town Costs”). Notwithstanding the foregoing, the Parties acknowledge the difficulty in computing actual Town Costs and have agreed to the Impact Fees below in lieu of attempting to determine actual Town Costs incurred. Operator acknowledges that the impacts of its operation may be impracticable to ascertain and assess, since impacts may result in budgetary increases though not separately identified; and consequently, Operator acknowledges
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