title
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF JONESBORO, ARKANSAS CERTIFYING LOCAL GOVERNMENT ENDORSEMENT OF BUSINESSES TO PARTICIPATE IN THE ARKANSAS ENTERPRISE ZONE PROGRAM
body
WHEREAS, the City of Jonesboro, Arkansas, has an approved Zone designation for enumeration district’s 9901, 9902 and 9906 within the corporate limits of the City of Jonesboro, Arkansas; and
WHEREAS, the local government must endorse a business or enterprise to participate in the Arkansas Enterprise Zone Program and benefit from the refunds/exemptions as provided in Part IV of the Arkansas Enterprise Zone Program Regulations of 1983; and
WHEREAS, said endorsement must be made on specific form available form AIDC; and
WHEREAS, Arkansas Glass Container Corporation located at 515 West Johnson, Enterprise Zone 9902, and Don Gilbert Industries, Inc. located at 5611 Kruger Drive Enterprise Zone 9906, has sought to participate in the program and has been found by the management of the enterprise zone program to be eligible for the benefits thereof, and more specifically has requested benefits according from expansion of the current plant; and
WHEREAS, Arkansas Glass Container Corporation and Don Gilbert Industries Inc. has agreed to furnish the management of the enterprise zone all necessary information for compliance.
NOW, THEREFORE, BE IT RESOLVED by the City of Jonesboro, Arkansas, that
(1) The Companies of Arkansas Glass Container Corporation and Don Gilbert Industries, Inc. be endorsed by the City of Jonesboro for benefit from the refunds/exemptions as provided in Part IV of the Arkansas Enterprise Zone Program Regulations of 1983, through June 30, 1989.
(2) That this resolution shall take effect immediately.
PASSED and ADOPTED this 2nd day of February, 1987.