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This document is a resolution authorizing the Industrial Development Board of the City of Chattanooga to enter into a contract for the sale and purchase of a property from the Electric Power Board
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How to fill out resolution and contract for

01
Begin by clearly defining the purpose of the resolution and contract.
02
Gather all necessary documents and information that will be referenced in the resolution and contract.
03
Write the resolution by stating the decision or action that needs to be formally recorded.
04
Include the date of the resolution and the names of any parties involved.
05
Draft the contract to detail the terms of the agreement, including obligations of each party.
06
Specify the duration of the contract and any conditions that must be met.
07
Include spaces for signatures at the end of both the resolution and contract.
08
Review the documents for accuracy and clarity.
09
Distribute copies of the signed resolution and contract to all parties involved.

Who needs resolution and contract for?

01
Organizations or businesses that need to formalize decisions.
02
Individuals entering into agreements that require formal recognition.
03
Stakeholders who require documentation for legal or operational purposes.
04
Any party involved in negotiations that result in agreed actions or conditions.
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A resolution and contract are legal documents used to formalize decisions made by an organization or board and to outline the terms of an agreement.
Typically, organizations, corporations, or entities involved in formal agreements are required to file resolutions and contracts.
To fill out a resolution and contract, one should clearly state the purpose, include relevant details such as the parties involved, terms, and conditions, and obtain necessary signatures.
The purpose is to document agreement and decisions, ensuring all parties understand their rights and obligations while providing a record for legal purposes.
Information that must be reported includes the parties involved, date of the agreement, specific terms, obligations of each party, and signatures of authorized individuals.
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