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COMMUNITY BENEFITS AGREEMENT & INDENTURE OF RESTRICTIVE COVENANTS ***************** BE A GEM CROSSINGContents Article I. Definitions .....................................................................................................................
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The north10phlorgwp-contentuploadscommunity benefits agreement indenture is a legally binding agreement between a community and a developer outlining the benefits that the community will receive from a development project.
The developer or company behind the development project is required to file the community benefits agreement indenture.
The community benefits agreement indenture is typically filled out by legal representatives of both the developer and the community, outlining the specific benefits and commitments involved.
The purpose of the community benefits agreement indenture is to ensure that the local community benefits from a development project, by outlining specific commitments and benefits to be provided.
The community benefits agreement indenture must include details such as the specific benefits to be provided, timeline for implementation, and measures for community engagement and oversight.
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