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This document outlines the agreement between a City/County and an Employer for the creation or retention of jobs funded under the Community Development Block Grant (CDBG) program. It establishes the conditions, requirements, and obligations of both parties to ensure job opportunities for residents, with specific focus on low- and moderate-income individuals. The agreement also details the financial assistance provided and the monitoring of job creation/retention.
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How to fill out sample job creationretention agreement

01
Begin by obtaining the sample job creation/retention agreement document.
02
Read through the agreement to understand its terms and conditions.
03
Fill in the name of the organization or business at the top of the document.
04
Specify the number of jobs to be created or retained in the designated section.
05
Provide details regarding the timeline for job creation or retention.
06
Enter the financial incentives or benefits that are being offered.
07
Include any specific criteria or qualifications for the jobs created.
08
Sign and date the agreement in the provided areas.

Who needs sample job creationretention agreement?

01
Businesses looking to create or retain jobs for eligibility in incentive programs.
02
State or local government entities aiming to support employment initiatives.
03
Economic development agencies that manage job growth programs.
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A sample job creation/retention agreement is a formal document outlining the terms under which a business commits to create or retain jobs in exchange for certain incentives or benefits, such as tax breaks or grants.
Businesses receiving financial incentives or assistance related to job creation or retention are typically required to file a job creation/retention agreement.
To fill out a sample job creation/retention agreement, businesses should provide detailed information regarding their commitment to job creation or retention, including the number of jobs, job descriptions, and projected timelines.
The purpose of a sample job creation/retention agreement is to ensure that businesses fulfill their commitments to create or retain jobs in exchange for public funding or other incentives, thereby promoting economic growth.
The agreement must report information such as the number of jobs created or retained, job titles, salaries, expected dates of job creation, and compliance with any conditions attached to the incentives.
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