Common Contracts
1 similar Memorandum of Understanding (Mou) contracts
Biennial Memorandum of Understanding (MOU) July 1, 2022 – June 30, 2024Memorandum of Understanding (Mou) • April 26th, 2022
The State of New Mexico’s Economic Development Department seeks to increase the number of jobs and businesses, sustain and expand existing businesses, mitigate commercial leakage, support local entrepreneurs in start-ups, and improve property values within traditional and historic commercial districts. To that end, it has dedicated resources, professional assistance, and services to partnering municipalities and a local nonprofit organization representing stakeholders within the designated commercial district through the New Mexico MainStreet (NMMS), New Mexico Arts & Cultural Districts (ACD), Frontier and Native American Communities (FNAC) Initiative, and Urban Neighborhood Commercial Corridors (UNCC) Initiative programs. The partners of this MOU agree to dedicate collaborative resources, adopt local economic growth and revitalization tools, and establish economic development funding for operations and program implementation to restore economic vitality within the MainStreet economic
