HomeMy WebLinkAbout1984-06-03-R RESOLUTION FOR
ENTERPRISE ZONE PROGRAM
BATESVILLE, ARKANSAS
RESOLUTION STATING BATESVILLE'S INTEREST IN PARTICIPATION IN THE ARKANSAS
ENTERPRISE ZONE PROGRAM AND DESIGNATION OF SUCH ENTERPRISE ZONES IN BATESVILLE/
INDEPENDENCE COUNTY AND TO OTHERWISE PROVIDE WITH RESPECT THERETO
WHEREAS, the Arkansas Enterprise Zone Act of 1983, Act 740 was enacted
by the Arkansas General Assembly, and
WHEREAS, the Arkansas Enterprise Zone Program offers significant
incentives for economic development and revitalization to some of the
most distressed areas in the city/county, and
WHEREAS, the Arkansas Industrial Development Commission (AIDC) has
designated certain Enumeration Districts and Census Block Groups in Batesville/
Independence County as eligible enterprise zones, based on demographic
and economic factors , and
WHEREAS, the City/County requests that the following Enumeration
District be designated an enterprise zone for the purpose of implementing
the Arkansas Enterprise Zone Program, and substitution of Enumeration
District 1149A for Enumeration District 1158, and
(SEE ATTACHED MAP)
WHEREAS, in accordance with the Arkansas Enterprise Zone Program
requirements the City Council and Quorum Court of Batesville/Independence
County agrees to:
1 . apply for enterprise zone designation using only approved forms
(or copies of such) ,
2. provide all requested information required pertaining to the
potential enterprise zone under consideration, to AIDC,
3. hold at least one public hearing on the application for enterprise
zone designation,
4. assume a local commitment to provide, or undertake, the following:
a. analysis of the adequacy of police protection within the
proposed zone, and if necessary, devise and implement a
plan for improvement thereof;
b. give priority to the use, within the proposed zone, of any
employment training or community development funds received
® from the state or federal government;
c. assist AIDC in certifying employers to be eligible for the
benefits of the Arkansas Enterprise Zone Program;
d. amend existing regulations to supersede any local regulations
or ordinances which may serve to discourage economic
development within an enterprise zone;
e. assist AIDC in evaluating progress made in an enterprise
zone within its ' jurisdiction;
f. waive any local sales or use tax imposed by the governing
body on the purchase of the material used in the construction
of a building or buildings, or any addition or improvement
thereon, for housing any legitimate business enterprise,
and machinery and equipment to be located in or in
connection with such building; and,
g. to keep AIDC informed whenever changes occur within the
zone, i .e. , an establishment goes out of business, is
destroyed by fire, flood, etc._, new development takes
place within the infrastructure (streets, etc. ) , changes
in local development codes that may affect the zone, etc.
BE IT RESOLVED by the City Council in due, regular and legal session
convened this /21f- day of �� , , 1984, that Batesville
will participate in the Arkansa Enterprise Zone Program and request
designation by the Arkansas Industrial Development Commission of the
aforementioned geographic areas as enterprise zones.
BE IT FURTHER RESOLVED that if any provision or item of this
resolution or the application thereof is held invalid, such invalidity
shall not affect other provisions, items or applications of this
resolution which can be given effect without the invalid provisions,
items or applications and to this end the provisions of this resolution
are hereby declared severable.
BE IT FURTHER RESOLVED that all resolutions or parts thereof in
conflict herewith are repealed.
Jim Shirrell , Mayor
Larry Willi ms, City Clerk
O