File #: RES-76:012    Version: 1 Name: Policy for revenue bonds
Type: Resolution Status: Passed
File created: 6/21/1976 In control: City Council
On agenda: Final action: 6/21/1976
Title: RESOLUTION TO SET THE PROCEDURE FOR CORPORATION ASKING FOR ACT 9 STATUS
Indexes: Bonds - revenue/development, Policy - creation/amendment
Related files: MIN-76:860

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RESOLUTION TO SET THE PROCEDURE FOR CORPORATION ASKING FOR ACT 9 STATUS

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Resolution dated 06/21/76 be it Resolved by the City Council of the city of Jonesboro, Arkansas, that a Representative of any corporation asking for Act 9 status come before the Council at least 30 days prior to asking for an Ordinance and that the contract to make payments in lieu of taxes be approved at that meeting, and that all consideration being favorable and in order, the Council will them give favorable attention to a request for three readings in one session of the Council.

 

PASSED AND ADOPTED this 21st day of June, 1976.