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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 ID day of April,2019 by and between <br /> the Town of Mashpee, acting by and through its Town Manager, with a principal address of 16 Great Road <br /> North, Mashpee Massachusetts 02649 (hereinafter the "Town") and M3 Ventures, Inc. (d/b/a Triple M <br /> Mashpee) a Massachusetts not-for-profit corporation with a principal office address of 9 Collins Avenue, <br /> Plymouth,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, <br /> and regulations promulgated by the Cannabis Control Commission ("CCC') pursuant thereto, and such <br /> approvals as may be issued by the Town in accordance with its Zoning Bylaw and other applicable regulations, <br /> as such may 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 <br /> property 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 <br /> Marijuana Establishment in the Town; <br /> NOW THEREFORE, in consideration of the provisions of this Agreement, the Company and the Town <br /> agree 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 /> 1 <br />