In addition, each city is able to improve its global ranking in different areas by sharing valuable resources and approaches in the areas of economics, education, culture and technology. Partnerships and developments in education, including bilateral exchanges, joint research and teaching programmes, have proven to be a particularly popular tool for long-distance cooperation. Mortgage companies can use the spreader mortgage agreement to obtain more collateral for the loan. This means that if a borrower cannot make mortgage payments to a property as part of the mortgage distribution agreement, the lender can close all the properties listed in the agreement, even if the others are up to date on their payments. The borrower may agree to enter into a spreader mortgage agreement in order to save money when paying larger mortgage registration fees when new mortgages are secured for real estate. The history of a twin city goes back centuries. Paderborn and Le Mans, France, were the first in Europe to establish the form of partnership of a „buried fraternity” between the dioceses of the two Andean Catholic bishops. Subsequently, an official twinning contract was signed in 1967. References: financial-dictionary.thefreedictionary.com/spreading+agreement In this context, the decision to become a partner city is not taken lightly. This means the intention to strengthen and support the other city, and the joint ventures are not agreed for no reason. Another thing to think about is the cultural differences between the two cities. Not only do they often oppose it geographically, but they can also share very different values and community lifestyles.
Each partner city organization is independent and monitors activities and themes that are important to them and their community, including local, economic, commercial, educational and cultural exchanges and projects with its partner city. In Ohio, Toledo became the first partner city in the United States to mate with its Spanish namesake in 1931. Vancouver, Canada followed this example and partnered with Odessa, Ukraine. Since the first mating with Odessa, Vancouver has also been associated with Yokohama (Japan), Edinburgh (Scotland), Guangzhou (China) and Los Angeles (USA). Twin cities can expect an influx of businesses, tourism and trade and more investment in the local economy. Building the international reputation of cities is a great opportunity for each city to showcase its local achievements. True Education Partnerships can help you establish a new partnership or establish an existing partner city relationship. Take a look at our De Sister City Partnerships website to learn more. On the occasion of the 50th anniversary of their urban relationship in 1981, the mayor of Toledo, Spain, gave a speech on the friendship between the two cities. Although sister cities were originally forged for military or political ties, this has expanded considerably and today twin cities focus on cultural exchanges, education, economics and trade relations. Today, more than 2,000 cities, states and counties are partners in more than 140 countries around the world.
In Lakewood`s case, he relocated services to the Los Angeles County government to the point where it took only three employees: „a lawyer, a city manager and a secretary.”  This raises the obvious question of why it had to be incorporated.  In the early 1950s, Lakewood was a common-by-area, facing hostile annexation from Long Beach, California.  U.S. cities traditionally impose additional taxes on county taxes, but often offer a higher level of service and a broader service offering than district governments.  However, unlike most U.S. counties, Los Angeles County had already developed a tradition of providing relatively high services to urban areas.  Lakewood residents were satisfied with the status quo and were not interested in paying even higher taxes to support both the government