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MEMORANDUM Agenda Item No. 8(C)(1) TO:Honorable Chairman Oliver G. Gilbert, III and Members, Board of County CommissionersDATE:November 6, 2024FROM:Geri BonzonKeenan County AttorneySUBJECT:Resolution
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A resolution approving terms is a formal decision made by an organization or governing body that outlines the specific terms and conditions of an agreement or transaction.
Typically, the officers or designated representatives of the organization that is part of the agreement are required to file the resolution approving the terms.
To fill out a resolution approving terms, one must provide relevant details such as the date, the parties involved, the terms being approved, and signatures of the authorized individuals.
The purpose of a resolution approving terms is to formally document the approval and acceptance of the terms of a contract or agreement within an organization, ensuring clarity and legal compliance.
The information that must be reported includes the date of the resolution, the parties to the agreement, specific terms approved, relevant legal references, and signatures of the approving authorities.
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