Contribution Values. The parties acknowledge and agree that the contribution values set out in the Contributions Table are the values in complete, adjusted only according to the CPI formula provided in clause 7.1 only and: (a) the Developer assumes all cost and risk in relation to the provision and the making of the Contribution, and (b) All Parties acknowledge and agree that the costs outlined in the Contributions Table is the complete amount payable to the Council. 8 Application of s 7.11, s 7.12 and s 7.24 of the Act to the Development (a) This agreement does not exclude the application of section 7.11 of the Act to the Development. (b) This agreement does not exclude the application of section 7.12 of the Act to the Development. (c) This agreement does not exclude the application of section 7.24 of the Act to the Development. (d) The benefits under this agreement are not to be taken into consideration in determining a development contribution under section 7.11 of the Act.
Appears in 3 contracts
Sources: Voluntary Planning Agreement, Voluntary Planning Agreement, Voluntary Planning Agreement