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This document outlines the economic development agreement between the City of Austin and Apple Inc., including obligations for investment, job creation, and local business participation.
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How to fill out CITY OF AUSTIN / APPLE INC. CHAPTER 380 ECONOMIC DEVELOPMENT AGREEMENT

01
Gather necessary documentation and information, including business details and project scope.
02
Review the CITY OF AUSTIN / APPLE INC. CHAPTER 380 ECONOMIC DEVELOPMENT AGREEMENT guidelines and requirements.
03
Complete the application form with accurate and detailed information about your business and the intended development.
04
Include any required supporting documents, such as financial statements, project timelines, and descriptions.
05
Submit the completed application to the appropriate city department or office.
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Prepare for potential follow-up questions or requests for additional information from city officials.
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Attend any required meetings or presentations to discuss the application.

Who needs CITY OF AUSTIN / APPLE INC. CHAPTER 380 ECONOMIC DEVELOPMENT AGREEMENT?

01
Businesses seeking financial incentives or support for development projects in Austin.
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Companies looking to expand or establish operations in the city.
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Economic development organizations interested in fostering growth and attracting investment.
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The CITY OF AUSTIN / APPLE INC. CHAPTER 380 ECONOMIC DEVELOPMENT AGREEMENT is a contractual agreement between the City of Austin and Apple Inc. aimed at promoting economic development, encouraging job creation, and attracting business investments in the region.
The parties involved in the agreement, primarily Apple Inc., are required to file the agreement. Additionally, the City of Austin may require certain entities that benefit from the agreement to comply with specific filing requirements.
To fill out the CITY OF AUSTIN / APPLE INC. CHAPTER 380 ECONOMIC DEVELOPMENT AGREEMENT, stakeholders should gather necessary documentation, complete required forms accurately, and ensure to provide detailed information regarding financial projections, job creation, and compliance with the agreement terms.
The purpose of the agreement is to incentivize economic growth by supporting the establishment of Apple Inc.'s operations in Austin, leading to job creation, investment in infrastructure, and long-term economic benefits for the city.
Information that must be reported includes details on job creation metrics, financial investments, compliance with the agreement terms, and progress towards achieving the developmental goals outlined in the agreement.
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