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ECONOMIC INCENTIVE AGREEMENT BETWEEN HABITABLE SPACE, LLC AND THE CITY OF DURHAM FOR NEIGHBORHOOD REVITALIZATION THIS AGREEMENT is made and entered into this the day of, 2016 (Contract Date) by and

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How to fill out economic incentive agreement between

01

Begin by gathering all necessary information and documentation related to the economic incentive agreement.

02

Start with the header section and include the title of the agreement, the names and addresses of the parties involved, and the effective date of the agreement.

03

Provide a background or introduction to the agreement, outlining the purpose and objectives of the economic incentives.

04

Clearly define the terms and conditions of the agreement, including the duration of the incentives, any performance criteria or benchmarks, and the obligations of both parties.

05

Specify the types of incentives being offered, such as tax credits, grants, loans, or infrastructure improvements.

06

State the responsibilities and reporting requirements of the recipient of the incentives, including any necessary documentation or audits.

07

Include provisions for monitoring and evaluation of the agreement, such as regular progress reports and the possibility of modifications or termination.

08

Consider including confidentiality and non-disclosure clauses to protect sensitive information.

09

Conclude the agreement with signature blocks for all parties involved, along with the date of execution.

10

Review the agreement carefully before finalizing and seek legal advice if needed.

Who needs economic incentive agreement between?

01

Economic incentive agreements are typically needed between government entities or economic development agencies and private businesses or organizations.

02

Government entities may offer economic incentives to attract businesses to a particular region, stimulate economic growth, create jobs, or revitalize a declining industry.

03

On the other hand, private businesses or organizations may seek economic incentive agreements to take advantage of tax breaks, grants, or other financial incentives provided by the government.

04

In some cases, economic incentive agreements may also be required between private businesses or organizations to collaborate on a joint project or investment, with the aim of sharing risks and benefits.

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What is economic incentive agreement between?

The economic incentive agreement is between a government entity or agency and a private company.

Who is required to file economic incentive agreement between?

The private company receiving the economic incentive is required to file the agreement.

How to fill out economic incentive agreement between?

The agreement should be filled out with details of the economic incentives offered and the obligations of the company.

What is the purpose of economic incentive agreement between?

The purpose is to encourage economic development and job creation in a specific region.

What information must be reported on economic incentive agreement between?

The agreement must include details of the incentives offered, the company's commitments, and reporting requirements.

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