File #: RES-84:2475    Version: 1 Name: Tax Back Program for Nettleton Ready Mix and Nettleton Concrete Works
Type: Resolution Status: Passed
File created: 2/6/1984 In control: City Council
On agenda: Final action: 2/6/1984
Title: RESOLUTION AUTHORIZING A CERTIFICATE OF LOCAL GOVERNMENT ENDORSEMENT FOR CERTAIN BUSINESSES, ARKANSAS ENTERPRISE ZONE PROGRAM, JONESBORO, ARKANSAS
Indexes: Tax Back Program
Attachments: 1. Certificate of Local Government Endorsement
Related files: MIN-84:655
title
RESOLUTION AUTHORIZING A CERTIFICATE OF LOCAL GOVERNMENT ENDORSEMENT 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 determined to approve two 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 Nettleton Ready Mix, Inc. and Nettleton Concrete Works, Inc. is approved.
2.      The May is authorized to certify the certificate of local government endorsement and submit to Arkansas Industrial Development Commission the certificate and application for tax credit.
 
DATED this 6th day of February, 1984.