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ECONOMIC DEVELOPMENT SERVICES AGREEMENT The City of Langley (City) and the Orca Network (ON), referred to collectively as the Parties, enter into the following Agreement for Economic Development services

How to fill out economic development services agreement

How to Fill Out Economic Development Services Agreement:

1. Begin by obtaining a copy of the economic development services agreement form. This can usually be obtained from the relevant government agency or department responsible for economic development.
2. Carefully read through the agreement form, paying attention to all the sections and clauses. Take note of any specific requirements or obligations mentioned.
3. Provide the necessary information about your organization or business in the designated sections. This may include your legal name, address, contact details, and any relevant registration or identification numbers.
4. Clearly state the services you will be providing or receiving as part of the economic development agreement. Be specific about the scope, duration, and goals of the services.
5. Include any financial terms or compensation details that are relevant to the agreement. This may involve outlining payment schedules, reimbursement procedures, or any applicable fees.
6. Specify any performance measures or indicators that will be used to evaluate the success of the services provided. This could include targets, milestones, or key performance indicators.
7. If necessary, attach any supporting documentation or additional information that may be required to clarify or support the agreement. This could include business plans, financial statements, or project plans.
8. Review the completed agreement thoroughly to ensure that all the information provided is accurate and complete. Make any necessary revisions or corrections.
9. Sign and date the agreement, confirming your acceptance of the terms and conditions outlined. If required, have the agreement witnessed or notarized.
10. Keep a copy of the filled-out agreement for your records and submit the original to the appropriate government agency or department.

Who Needs Economic Development Services Agreement?

1. Businesses or organizations seeking financial or other assistance for economic development projects may require an economic development services agreement. This can help formalize the terms and conditions of the services being provided by government agencies, non-profit organizations, or other entities involved in economic development efforts.
2. Economic development agencies or departments may also require businesses or organizations to enter into such agreements as a way to ensure accountability and monitor the utilization of resources allocated to them. It helps establish a clear understanding and alignment of goals between the parties involved in economic development initiatives.
3. Any entity that engages in activities aimed at stimulating business growth, job creation, infrastructure development, or community improvement may benefit from having an economic development services agreement in place. This includes businesses of all sizes, non-profit organizations, government agencies, and community development organizations.

For pdfFiller’s FAQs

What is economic development services agreement?

The economic development services agreement is a contract between a company and a municipality outlining the terms of economic incentives and services provided by the municipality to support the company's development.

Who is required to file economic development services agreement?

The company receiving the economic incentives and services from the municipality is required to file the economic development services agreement.

How to fill out economic development services agreement?

The economic development services agreement should be filled out by the company with all relevant information regarding the economic incentives and services provided by the municipality.

What is the purpose of economic development services agreement?

The purpose of the economic development services agreement is to formalize the agreement between the company and municipality regarding economic incentives and services to support the company's development.

What information must be reported on economic development services agreement?

The economic development services agreement must include details of the economic incentives being provided by the municipality, the services to be rendered, and any other relevant terms and conditions.

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