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INDUCEMENT RESOLUTION A regular meeting of the County of Oswego Industrial Development Agency was convened in public session on September 30, 2009, at 4:00 p.m., at 44 West Bridge Street, Oswego,
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How to Fill Out Inducement Resolution - Oswego County IDA:

01
Start by gathering all the necessary information and materials needed to complete the inducement resolution. This may include project details, financial information, and any supporting documents.
02
Begin the resolution by providing the necessary background information about the project or investment for which the inducement is being sought. This could include the purpose of the project, its potential economic impact, and any benefits it may bring to the community.
03
Clearly state the terms and conditions of the inducement, including the amount of financial assistance being requested, the timeline for the assistance, and any reporting requirements.
04
Provide a detailed project plan, including a timeline for completion, estimated costs, and any anticipated job creation or economic benefits.
05
Include any relevant financial information, such as projected revenue or return on investment, debt financing details, or other funding sources.
06
Obtain the necessary signatures and approvals from relevant parties involved in the resolution process. This may include the project sponsor, the IDA board members, and any other required individuals or organizations.

Who Needs Inducement Resolution - Oswego County IDA:

01
Developers or businesses seeking financial assistance or incentives for a specific project within Oswego County, New York.
02
Individuals or organizations interested in investing in Oswego County and seeking information about available inducements and incentives.
03
Local government officials or economic development agencies responsible for promoting and supporting economic growth and development in Oswego County.
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An inducement resolution is a resolution passed by the Oswego County Industrial Development Agency (IDA) to incentivize a business or project to locate or expand within the county.
Any business or project seeking incentives from the Oswego County IDA is required to file an inducement resolution.
The inducement resolution form can typically be obtained from the Oswego County IDA's website or office, and must be filled out completely and accurately.
The purpose of an inducement resolution is to outline the terms of the incentives being offered by the Oswego County IDA to a business or project in order to encourage economic development.
The inducement resolution must include details such as the name of the business or project, the type of incentives being offered, the projected economic impact, and any requirements or conditions for receiving the incentives.
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