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COMMUNITY BENEFITS AGREEMENT This Community Benefits Agreement (the Agreement) dated as of June 2005 is entered into by and among Atlantic Yards Development Co. LLC, a New York limited liability company,

How to fill out community benefits agreement

How to fill out a community benefits agreement:

1. Start by familiarizing yourself with the purpose and goals of the community benefits agreement (CBA). Understand how it aims to benefit the community and the specific project or development it relates to.
2. Gather all the necessary information and documentation about the project, including any plans, permits, or legal requirements. This will help you understand the scope and potential impacts of the project.
3. Identify the stakeholders involved in the project, including the developers, community organizations, local government representatives, and other interested parties. It is important to have a diverse representation of voices to ensure the agreement addresses the needs of the community.
4. Schedule meetings or consultations with the stakeholders to discuss the community benefits agreement. This will provide an opportunity for everyone to share their perspectives and negotiate the terms of the agreement. It is crucial to have open and transparent communication throughout the process.
5. Develop a clear and comprehensive list of community benefits that should be included in the agreement. These benefits may vary depending on the nature of the project but can include affordable housing provisions, job creation, environmental commitments, infrastructure improvements, or funding for community programs.
6. Determine the timeline and implementation strategy for the community benefits. Assign responsibilities and establish monitoring mechanisms to ensure that the agreed-upon benefits are delivered successfully.
7. Draft the community benefits agreement document, incorporating all the negotiated terms and commitments. It is advisable to seek legal advice to ensure the agreement is legally binding and enforceable.
8. Review and revise the draft agreement as needed, considering the feedback and input from all stakeholders. Make sure the agreement reflects the shared goals and interests of the community and the developers.
9. Finalize the community benefits agreement by obtaining signatures from all relevant parties. This will signify their commitment to upholding the agreed-upon terms and fulfilling the community benefits.
10. After the agreement is finalized, monitor the implementation of the community benefits to ensure they are being met. Regularly evaluate the effectiveness and impact of the agreed-upon benefits, making any necessary adjustments along the way.

Who needs a community benefits agreement?

1. Developers and construction companies undertaking large-scale projects that may have an impact on the community.
2. Community organizations and advocacy groups representing the interests and needs of the local community.
3. Local government bodies and representatives responsible for overseeing and regulating development projects.
4. Residents and stakeholders in the community affected by the project, including homeowners, business owners, and community members concerned about the potential impacts and benefits.

For pdfFiller’s FAQs

What is community benefits agreement?

A community benefits agreement is a signed contract between community groups and developers that outlines the benefits that will be provided to the community as a result of a development project.

Who is required to file community benefits agreement?

Developers and community groups involved in a development project are usually required to file a community benefits agreement.

How to fill out community benefits agreement?

To fill out a community benefits agreement, developers and community groups should outline the specific benefits to be provided, including job opportunities, affordable housing, and infrastructure improvements.

What is the purpose of community benefits agreement?

The purpose of a community benefits agreement is to ensure that a development project benefits the community by addressing its needs and concerns.

What information must be reported on community benefits agreement?

Information such as the benefits to be provided, timeline for implementation, and monitoring process must be reported on a community benefits agreement.

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