OMMUNITY BENEFITS AGREEMENT C BETWEEN RAFI INVESTMENTS- SOMERVILLE, LLC UNION SQUARE NEIGHBORHOOD COUNCIL, INC. PARTIES his Community Benefits Agreement (the “Agreement”) is entered into this ______day of T _____, 2025 by Rafi Investments-Somerville, LLC, (“Rafi”), and the Union Square Neighborhood Council, Inc. (“USNC”), is binding on the parties hereto and their successors and assigns. The Agreement shall be deemed to run with the land and be binding on any subsequent owner of the project and the project area described below. BACKGROUND his Community Benefits Agreement concerns the redevelopment of the Project Site (as defined T below) in the City of Somerville through the initial construction of the so-called “Somernova” project, including demolition of currently-existing improvements at the Project Site, and redeveloping old structures and constructing new structures with a mix of uses, including industrial, research and development, arts and creative enterprise, residential and retail uses, pursuant to a Master Plan Special Permit granted under the pending zoning amendment to establish the Arts & Innovation Sub Area of the Master Planned Development Overlay District, as described below, (meaning the site that is within such Arts & Innovation Sub Area as shown said pending zoning amendment) (the “Project”) and the current proposed plans respecting such Development, as reflected and described on Exhibit A (the “Project Site”) in the event that the City Applications (as defined below) are all adopted and ordained by the City of Somerville, are not appealed, and are acceptable to Rafi. A map of the Project site is attached hereto as Exhibit A. he parties hereto acknowledge that the Project can only be undertaken if certain amendments to T the Somerville Zoning Ordinance are all adopted and ordained by the City of Somerville, are not appealed, and are acceptable to Rafi for Rafi’s reasonable implementation of the Project, and certain changes are made to the Urban Design Framework and SomerVision 2040 map, are not appealed, and are acceptable to Rafi for Rafi’s reasonable implementation of the Project (with all current and future said applications being collectively the “City Applications”). he City Amendments regarding the Somerville Zoning Ordinance, if adopted and ordained and T not appealed, will, in part, establish an Arts & Innovation Sub Area of the Master Planned Development Overlay District. The Project is proposed to be constructed within such Arts & Innovation Sub Area. The proposed City Applications are contained in the current applications by the City of Somerville for certain zoning map and text amendments, being those proposed amendments set out as City Council Items currently numbered: ● 24-1460 (to revise the regulations for laboratory uses and buildings), ● 25-0128 (to establish a new Research & Development zoning district), ● 25-0129 (to revise the regulations for arts and creative enterprise, office, and residential uses) and
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