Fondos de capital privado: estructura y operaciones comerciales, por James M. Schell
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés.
For your convenience, the complete English version of this form is attached below the Spanish version.
Residents can check with the city’s economic development office for updates or reports on businesses that have received incentives and how they are doing in meeting their commitments.
If a business runs into trouble, the city may look at the circumstances. If it’s a temporary setback, they might work things out, but consistent failure could lead to a repayment request.
Yes, clawback provisions are pretty standard in many cities across the country. It’s a sensible way to safeguard public funds while still attracting business.
Businesses usually commit to creating a certain number of jobs, investing a specific amount into the community, or hitting other performance targets—basically, keeping their end of the bargain.
It mainly benefits the city of Columbus and its taxpayers by ensuring that businesses live up to their promises, creating jobs and boosting the local economy.
A Clawback Guaranty is a safety net for the city where businesses promise to repay incentives if they don’t meet their commitments. It’s like a handshake deal that keeps everyone honest.
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