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HOST COMMUNITY AGREEMENT <br /> FOR THE SITING OF A <br /> MARIJUANA ESTABLISHMENT IN <br /> THE TOWN OF MASHPEE <br /> This Host Community Agreement (the "Agreement")entered into this day of March, 2019 by and between <br /> the Town of Mashpee,acting by and through its Town Manager,with a principal address of 16 Great Road North, <br /> Mashpee Massachusetts 02649 (hereinafter the "Town") and M3 Ventures, Inc. (d/b/a Triple M Mashpee) a <br /> Massachusetts not-for-profit corporation with a principal office address of 9 Collins Avenue, Plymouth, <br /> Massachusetts 02362 (hereinafter"Company"). <br /> WHEREAS, Company wishes to locate a licensed Retail Marijuana Establishment in the Town at 29 Echo Road <br /> (hereinafter the "Establishment") in accordance with Chapter 55 of the Acts of 2017 (the "Act"),G.L.c. 94G,and <br /> regulations promulgated by the Cannabis Control Commission ("CCC") pursuant thereto, and such approvals as <br /> may be issued by the Town in accordance with its Zoning Bylaw and other applicable regulations, as such may <br /> be amended; <br /> WHEREAS, Company, notwithstanding any tax exempt status to which it may now, or in the future, be entitled, <br /> intends to pay all local taxes attributable to its operation, including sales taxes, real estate and personal property <br /> taxes on the space and facilities within which the Establishment is located; <br /> WHEREAS, Company desires to be a responsible corporate citizen and contributing member of the business <br /> community of the Town, and intends to provide certain benefits to the Town over and above typical economic <br /> development benefits attributable with similar new manufacturing and retail concerns locating in the Town; <br /> WHEREAS, the parties intend by this Agreement to satisfy the provisions of 935 CMR 500, et seq. and of G.L. c. <br /> 94G § 3(d), as established in the Act, applicable to the operation of the establishment as a Retail Marijuana <br /> Establishment in the Town; <br /> NOW THEREFORE, in consideration of the provisions of this Agreement, the Company and the Town agree <br /> as follows: <br /> 1. Community Impact <br /> The Town anticipates that, as a result of the Company's operation of the Establishment, the Town <br /> will incur additional expenses and impacts upon its road system, infrastructure, law enforcement, <br /> inspectional services, permitting services, administrative services and public health services, in <br /> addition to potential additional unforeseen impacts upon the Town. Accordingly, in order to <br /> mitigate the financial impact upon the Town and use of Town resources, the Company agrees to <br /> annually pay a community impact fee to the Town, in the amounts and under the terms provided <br /> herein (the "Annual Payments"). <br /> 2. Annual Payment <br /> In the event that the Company obtains a Final License,or such other license and/or approval as may <br /> be required, for the operation of the Establishment in the Town by the Massachusetts Cannabis <br /> Control Commission (the "CCC"), or such other state licensing or monitoring authority, as the case <br /> may be, and receives any and all necessary and required permits and licenses of the Town, and at <br /> the expiration of any final appeal period related thereto, said matter not being appealed further, <br /> 1 <br />