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This Community Benefits Agreement (Agreement) dated as of February 2021, is entered into by and among 737 4th Avenue, LLC and Fourth Avenue 731 LLC, both having an office at 634 Dean Street Brooklyn,
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How to fill out a community benefits agreement
How to fill out a community benefits agreement
01
Start by researching and understanding the purpose and significance of a community benefits agreement (CBA).
02
Identify the stakeholders involved in the project or development that the CBA will be focused on.
03
Engage with community organizations and residents to gather input and understand their needs and priorities.
04
Draft a comprehensive agreement that includes specific provisions addressing the community's demands and concerns.
05
Seek legal advice to ensure the agreement is enforceable and meets all relevant legal requirements.
06
Negotiate with the stakeholders to reach a consensus on the terms and conditions of the CBA.
07
Review and revise the agreement based on feedback from stakeholders and legal experts.
08
Once finalized, sign the agreement and ensure all parties involved commit to its implementation and compliance.
09
Establish mechanisms for ongoing monitoring and evaluation to ensure the CBA's effectiveness and accountability.
10
Communicate and educate the community and relevant parties about the benefits and responsibilities outlined in the agreement.
Who needs a community benefits agreement?
01
A community benefits agreement is typically needed when there is a major development or project planned in a community.
02
This can include infrastructure projects, construction of new buildings or facilities, or large-scale developments.
03
The agreement serves to ensure that the community directly impacted by the project receives tangible benefits and protections.
04
These benefits may include job opportunities, affordable housing, environmental protections, local business opportunities, and improved public infrastructure.
05
The agreement is typically signed by developers, project owners, community organizations, and local government authorities.
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What is a community benefits agreement?
A community benefits agreement is a legally binding contract between a developer and a community group or coalition that outlines the benefits the developer will provide to the community as part of a development project.
Who is required to file a community benefits agreement?
Developers and community groups are typically required to file a community benefits agreement for certain development projects.
How to fill out a community benefits agreement?
To fill out a community benefits agreement, both parties should come to an agreement on the specific benefits to be provided, and then ensure that the agreement is legally sound and enforceable.
What is the purpose of a community benefits agreement?
The purpose of a community benefits agreement is to ensure that development projects benefit the local community by providing specific amenities, resources, or opportunities.
What information must be reported on a community benefits agreement?
A community benefits agreement typically includes details on the benefits to be provided, the parties involved, and the timeline for implementation.
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