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CONTRACT FOR ECONOMIC DEVELOPMENT SERVICESTHIS AGREEMENT, made and entered into the 1st day of July 2018, by and between STORY COUNTY, IOWA, an Iowa Municipal Corporation whose mailing address and

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How to fill out contract for economic development

01

Step 1: Gather all necessary information and documents related to the economic development project.

02

Step 2: Start by identifying the parties involved in the contract, including the names and contact information.

03

Step 3: Clearly define the purpose and goals of the economic development project in the contract.

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Step 4: Specify the obligations and responsibilities of each party in detail.

05

Step 5: Outline the timeline and milestones for the project, including any specific deadlines that need to be met.

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Step 6: Include clauses for any financial aspects, such as funding sources, payment terms, and potential penalties or incentives.

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Step 7: Clearly state the governing law and jurisdiction that will apply to the contract.

08

Step 8: Include provisions for dispute resolution, such as mediation or arbitration.

09

Step 9: Review the draft contract carefully to ensure all necessary provisions are included and that language is clear and concise.

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Step 10: Once reviewed, have all parties involved in the contract sign and date the document.

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Step 11: Keep a copy of the signed contract for future reference and ensure all parties receive their respective copies.

Who needs contract for economic development?

01

Government agencies or departments that are involved in economic development initiatives.

02

Private businesses or corporations that are collaborating on a mutually beneficial economic development project.

03

Non-profit organizations that focus on economic development and require contractual agreements.

04

Investors or lenders who provide financial support for economic development projects.

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What is contract for economic development?

A contract for economic development is a legal agreement between a company or organization and a government entity that outlines terms and conditions for economic incentives or assistance in promoting economic growth.

Who is required to file contract for economic development?

Typically, companies or organizations seeking economic incentives or assistance from a government entity are required to file a contract for economic development.

How to fill out contract for economic development?

To fill out a contract for economic development, the company or organization must provide detailed information about their business, proposed project, desired economic incentives, and any other relevant information requested by the government entity.

What is the purpose of contract for economic development?

The purpose of a contract for economic development is to formalize the terms and conditions of the economic incentives or assistance being provided by a government entity to promote economic growth and development.

What information must be reported on contract for economic development?

The contract for economic development must include information such as the name and details of the company or organization, proposed project description, economic incentives requested, obligations of both parties, and any other relevant information requested by the government entity.

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