It helps ensure that businesses are accountable and actually create jobs and economic growth, which keeps the community thriving.
You bet! Many cities use them to secure their investments and ensure businesses contribute positively to the community.
Yes, businesses can often talk about the terms before signing. It’s good to put everything on the table for clear understanding.
If a business falls short of their promises, the city can take back the incentives. It’s a way of keeping everyone honest.
Any business that takes advantage of city incentives in Chandler has to play by these rules. It's part of the deal!
Chandler uses this to attract businesses while ensuring they deliver value to the community. It's a win-win; the city gets growth, and businesses get support.
A Clawback Guaranty is like a safety net for the city. It’s an agreement that ensures if a business gets financial incentives but doesn’t hold up their end of the bargain, the city can reclaim those benefits.