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When Rakita increased the bonus structure for the Land Acquisition Program in December 2017, we also communicated our intention to maintain fair and transparent dealings with all property owners who have been working with us over the years.
In order to meet this commitment, Rakita moved forward with signing annexes for all previously completed contracts whose compensation warranted an increase based on the updated compensation structure.
Throughout 2018, the Land Acquisition department worked with previous sellers and all remaining signatories of the contract have signed annexes and have been paid the balance of the updated bonuses.