CBA Negotiations
Typically, negotiations between a CBA coalition and a developer begin after a project has been announced but prior to governmental approval. However, there are examples of legislative CBA requirements attached to subsidies that impose community benefit standards on land within particular districts. For example, developers participating in the Atlanta Beltline project that opt to use tax increment financing are required to incorporate community benefits through a development or funding agreement.
Read more about this topic: Community Benefits Agreement
Famous quotes containing the word negotiations:
“But always and sometimes questioning the old modes
And the new wondering, the poem, growing up through the floor,
Standing tall in tubers, invading and smashing the ritual
Parlor, demands to be met on its own terms now,
Now that the preliminary negotiations are at last over.”
—John Ashbery (b. 1927)