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DocuSign Envelope ID: AC8EB57D0C8A4C1B98DC8A08EE8AF959INDUCEMENT RESOLUTION A regular meeting of the City of Syracuse Industrial Development Agency was convened in public session on December 20, 2022,

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What is inducement resolution - city?

An inducement resolution - city is a formal document that outlines the terms and conditions of a financial incentive package offered by a city to encourage economic development or investment.

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The city government or relevant economic development agency is usually required to file an inducement resolution - city.

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To fill out an inducement resolution - city, one must provide detailed information about the proposed financial incentives, the recipient of the incentives, and the expected economic impact.

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The purpose of an inducement resolution - city is to formalize and document the terms of a financial incentive package offered by a city to attract or retain businesses.

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Information that must be reported on an inducement resolution - city typically includes details about the amount of incentives offered, the duration of the incentives, and the expected benefits to the city.

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