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This memorandum outlines the approval of a financial incentive of $687,927 to Sodexo Operations, LLC through the Maryland Economic Development Authority Administration Fund, along with an additional $70,000 grant from the County\'s Economic Development Fund, to retain the company\'s headquarters and its full-time employee base in Montgomery County.
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Resolution of support is a formal document that expresses approval or endorsement for a specific action, project, or initiative.
Who is required to file resolution of support for?
Typically, organizations, institutions, or individuals initiating a project or seeking funding are required to file a resolution of support.
How to fill out resolution of support for?
To fill out a resolution of support, provide the title of the resolution, details of the action being supported, names of supporting individuals or entities, and signatures of the endorsers.
What is the purpose of resolution of support for?
The purpose of a resolution of support is to demonstrate collective backing, facilitate decision-making, and secure necessary approvals or funding.
What information must be reported on resolution of support for?
Information that must be reported includes the title, date, names of supporters, details of the initiative, and the specific action being endorsed.
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