File #: RES-86:2454    Version: 1 Name: Tax Back Program for ADT, Inc.
Type: Resolution Status: Passed
File created: 6/2/1986 In control: City Council
On agenda: Final action: 6/2/1986
Title: RESOLUTION AUTHORIZING A CERTIFICATE OF LOCAL GOVERNMENT FOR CERTAIN BUSINESSES, ARKANSAS ENTERPRISE ZONE PROGRAM, JONESBORO, ARKANSAS
Indexes: Tax Back Program
Related files: MIN-86:612

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RESOLUTION AUTHORIZING A CERTIFICATE OF LOCAL GOVERNMENT FOR CERTAIN BUSINESSES, ARKANSAS ENTERPRISE ZONE PROGRAM, JONESBORO, ARKANSAS

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WHEREAS, the Arkansas Enterprise Zone Act of 1983 Act 740 was enacted by the Arkansas General Assembly; and

 

WHEREAS, the City of Jonesboro was approved by the Arkansas Industrial Development Commission for the inclusion of three zones under the Arkansas Enterprise Zone Program on December 1, 1983; and

 

WHEREAS, the business/industry interested in participating in the Arkansas Enterprise Zone Program must obtain a Certificate of Endorsement from the local governing body; and

 

WHEREAS, it is desirous to approve certain businesses for local endorsement.

 

NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Jonesboro, Arkansas that:

 

1.                     The Certificate of Local Government Endorsement for ADT, Inc. is approved.

2.                     The Mayor is authorized to certify the Certificate of Local Government Endorsement and submit to the Arkansas Industrial Development Commission the Certificate and Application for Tax Credit. 

 

DATED THIS 2nd day of June, 1986.