AGENCY: Department of Workforce Services. Division of Housing and Community Development

SERIES: 19993
TITLE: Incentive funds program records
DATES: 1993-
ARRANGEMENT: Alphabetical by company name

DESCRIPTION: The State of Utah through the Division of Business and Economic Development offers a variety of incentive funds to companies either expanding within the state or companies looking to move into Utah. Information included in these records are the loan application, which states why they want to come and how many high-paying jobs they will create for the state; promissory notes; loan agreements; earned credit reports (which require an annual performance audit); and correspondence.

RETENTION

Permanent. Retain for 5 year(s) after expiration of contractual agreement

DISPOSITION

Transfer to Archives.

RETENTION AND DISPOSITION AUTHORIZATION

Retention and disposition for this series were specifically approved by the State Records Committee.

APPROVED: 09/1998

FORMAT MANAGEMENT

Paper: Retain in Office until contract is closed and then transfer to State Records Center. Retain in State Records Center for 5 years and then transfer to State Archives with authority to weed.

Computer data files: Retain in Office until administrative value has been met and then transfer to State Archives with authority to weed.

APPRAISAL

Historical

This disposition is based on the research value the records have about the business development of Utah.

PRIMARY DESIGNATION

Protected

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