The bulk of the money will be used on citywide projects like park improvements and traffic lights.
The family has continued over the years to donate funds for park improvements.
The town will receive up to $600,000 for park improvements.
From this income will also come payment on park improvements.
Due to financial losses, some of the projected site park improvements fail to materialize.
As part of the deal, the city agreed to provide the $243 million in park improvements in the Bronx.
He has acquired over US$12 million dollars for park improvements.
The state has set up a fund intended to provide $300 million for park improvements over the next decade.
A foundation was established to channel revenue into park improvements.
Money raised goes towards community-oriented projects such as park improvements, traffic concerns, planning and preservation.