File #: RES-12:228    Version: 1 Name: Contract with NEAIDC for economic development services funding
Type: Resolution Status: Passed
File created: 12/12/2012 In control: Finance & Administration Council Committee
On agenda: Final action: 1/22/2013
Title: RESOLUTION BY THE CITY COUNCIL OF THE CITY OF JONESBORO, ARKANSAS FOR THE CITY OF JONESBORO TO ENTER INTO A CONTRACT WITH NORTHEAST ARKANSAS INDUSTRIAL DEVELOPMENT COMMISSION FOR FUNDING OF ECONOMIC DEVELOPMENT SERVICES.
Sponsors: Finance
Indexes: Contract
Attachments: 1. NAIDC 2013 contract
Related files: CON-383
Title
RESOLUTION BY THE CITY COUNCIL OF THE CITY OF JONESBORO, ARKANSAS FOR THE CITY OF JONESBORO TO ENTER INTO A CONTRACT WITH NORTHEAST ARKANSAS INDUSTRIAL DEVELOPMENT COMMISSION FOR FUNDING OF ECONOMIC DEVELOPMENT SERVICES.
Body
WHEREAS, The City of Jonesboro has received a contract from Northeast Arkansas Industrial Development Commission; and
 
WHEREAS, This contract is for the purpose of providing economic development services to the City of Jonesboro; and
 
WHEREAS, It is in the best interest of the City of Jonesboro that the City Council authorize the Mayor and City Clerk to execute this contract.
 
NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL FOR THE CITY OF JONESBORO, ARKANSAS THAT:
 
Section 1: This contract is for the purpose of obtaining economic development services from Northeast Arkansas Industrial Development Commission.
 
Section 2: That this contract is for the best interest of the residents of the City of Jonesboro.
 
Section 3: The Mayor and City Clerk are hereby authorized to execute said contract.
 
PASSED AND APPROVED this 22nd day of January, 2013.