01/28/2019 BOARD OF SELECTMEN Agenda Packet

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(DRAFT-FOR DISCUSSION PURPOSES ONLY) While the purpose of the Annual.Payments is to assist the Town in addressing any public health., safety, and other effects or impacts the Establishment may have on the Town and on municipal programs, services, personnel, and facilities, the Town may expend the Annual Payments at its sole and absolute discretion. Notwithstanding the Annual Payments, nothing shall prevent the Company from making additional donations from time to time to causes that will support the Town, including but not limited to local drug abuse prevention/treatment/education programs: 4. Other Payments. Company anticipates that it will make purchases of water, and sewer (if available) from local government agencies. Company will pay any and all fees associated with the local permitting of the Establishment. If the Town receives other payments from the Company or from the Department of Revenue or any other source, including but not limited to taxes imposed by an act of the legislature of the Commonwealth of Mahusetts, or a mandate from the Town for said payments, the amounts due from the C ; '= 'y to the Town under the terms of this Agreement shall not be reduced by the amoun= 84,2' ch other payments. 5. Education and Prevention Programs r The Company, in addition to any other payments specified herein, shall, if granted a manufacturing license from the Cannabis Control Commission, annually contribute to non- profit entity or entities in an amount no less than five thousand,dollars ($5,000.00), with at least two thousand five unfired dollars ($2,500.00) for the .purposes of drag abuse - prevention/treatment/en,programs and at least two thousand five hundred dollars ($2,500.00) to the l " ee Tribal.Council Pantry, 483 Great Neck Road South Mashpee, MA'(the "Annual IVlafacturing Donations.") and, provided that the Company receives a retail license from theC abis Control Commission, shall also annually contribute no less than ten thousand dollars ($ r0 a0�.0.0), with:at least five thousand dollars ($5,000.00)for the purposes of drug abuse preve- treatment/education programs and at least five thousand dollars ($5,000.00) to the Masl @e6.,.Tribal Council Pantry, 483 Great Neck Road South Mashpee, MA (the "Annual Retail`°>D;onations."). The education programs shall be held in Mashpee and those communities adjace . o Mashpee. Prior to the selection of a non-profit entity program for this purpose, the Company will review their intentions with the Town, acting through its Town Administrator and Chief of Police to ensure that the proposed programming is consistent with community needs. The Annual Donations shall not be considered part of the Annual Payment to the Town. Documentation of the Annual Donations shall be made in accordance with the Annual Payment schedule set forth. in Paragraph 2. In the event that no non-profit entity can offer the appropriate programming to Mashpee and the surrounding area, the contribution shall be paid to the Town to hold 'in a restricted fund for release upon mutual and written agreement of the Company and Town once an eligible non-profit program is identified. G. Annual Filing. Company shall notify the Town when the Company commences sales at the Establishment and shall submit annual financial statements to the Town on or before May. 1, which shall include certification of itemized gross sales for the previous calendar year, and all other 3