BUSINESS INCENTIVE AGREEMENT
NORTH DAKOTA DEPARTMENT OF COMMERCE
SFN 59686 (04/2012)
The RECIPIENT specified below has been approved to receive a business incentive from the state of North Dakota.
Therefore, in fulfillment of the requirements of North Dakota Century Code § 54-60.1-03, the grantor of the business
incentive (GRANTOR) and the entity to receive the business incentive (RECIPIENT) must enter into a Business
Incentive Agreement. This Business Incentive Agreement provides project data and specifies the goals the
RECIPIENT has agreed to meet in order to receive the state business incentive.
Should the value of this incentive be less than $25,000, and should the RECIPIENT receive no additional incentives to
bring the total to $25,000 or more within one year, the reporting requirements outlined in North Dakota Century Code §
54 -60.1-05, and in this agreement, will not go into effect.
Name of GRANTOR
On Behalf Of
Name of RECIPIENT Business
Also known as
Main Contact Person
Business Classification of RECIPIENT (3 digit NAICS code)
Location of RECIPIENT prior to receiving this business incentive (if different from above)
Parent Company of RECIPIENT (if any)
(For office use only) Project Number
Is this incentive tax increment financing? Yes
If yes, describe the type of district: