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RESOLUTION OF THE CITY COUNCIL OF THE CITY OF JONESBORO, ARKANSAS CERTIFYING LOCAL GOVERNMENT ENDORSEMENT OF BUSINESS TO PARTICIPATE IN THE ARKANSAS ENTERPRISE ZONE PROGRAM
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WHEREAS, the City of Jonesboro, Arkansas has an approved Zone designation for enumeration district 9906 within the corporate limits of the City of Jonesboro, 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 from AIDC; and
WHEREAS, W.A. Krueger Company located at 4708 Krueger Drive, Jonesboro, Arkansas 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 accruing form (expansion of the present building); and
WHEREAS, W.A. Krueger Company has agreed to furnish the management of the enterprise zone all necessary information for compliance.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Jonesboro, Arkansas, THAT:
(1) W.A. Krueger Company is endorsed by the City of Jonesboro for the 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 15th day of February, 1988.