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0319 RESOLUTION NO. 3 1 9 ( #6 -84) RESOLUTION STATING THE CITY OF JACKSONVILLE'S INTEREST IN PARTICIPATION IN THE ARKANSAS ENTERPRISE ZONE PROGRAM AND DESIGNATION OF SUCH ENTERPRISE ZONES IN THE CITY OF JACK- SONVILLE AND TO OTHERWISE PROVIDE WITH RESPECT THERETO WHEREAS, the Arkansas Enterprise Zone Act of 1984, Act 740 was enacted by the Arkansas General Assembly; and WHEREAS, the Arkansas Enterprise Zone Program offers significant incentives for economic development and revitali- zation to some of the most distressed areas in the City of Jacksonville; and WHEREAS, the Arkansas Industrial Development Commission (AIDC) has designated certain Enumeration Districts and Census Block Groups in the City of Jacksonville as eligible enterprise zones, based on demographic and economic factors; and WHEREAS, the City of Jacksonville requests that the fol- lowing Enumeration District /Block Group be designated enterprise zones for the purpose of implementing the Arkansas Enterprise Zone Program; and CENSUS TRACT(S) BLOCK GROUP(S) IN CENSUS TRACT(S) C.T. 36.04 B. G. 9 C.T. 36.06 B. G. 2 & 3 WHEREAS, in accordance with the Arkansas Enterprise Zone Program requirements, The City of Jacksonville, Arkansas, 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 policy 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; 0 RESOLUTION NO.3 1 9 ( #6 -84) PAGE TWO 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 places 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 19th day of April 1984, that the City of Jacksonville will participate in the Arkansas Enterprise Zone Program and request designation by the Arkansas Industrial Develop- ment Commission of the aforementioned geographic areas as enter- prise zones. BE IT FURTHER RESOLVED that if any provision or item of this resolution or the application thereof is held invalid, such in- validity 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. APPROVED AND ADOPTED THIS Jgth DAY OF APRIL 1984. / , • ('OR JAMES G. "ID ATTEST TO: AO • _ao ' CITY CL RK APPROVED AS TO FORM: l CI Y ATTORNEY 1 AIMIBISfata411114.1aitathille4 r ( )_), 11 (INSET) : I I ../0- = IL ..). iii7 / •I a A 1 AR FORCE SASE 7 i ' / 74„,... ,—• ' t f/ • 1 1 1 i 1 / y — — - e - //' ,,J... 5 .;' / ri /r :a i / I r . i r - - / • _._•,. / / I „.. ,. i I I / r/e I 1 F .°. , / . s 'N .. 7/ I . ,,,, • I . [ , 1 , r _ ,___, ' 1, 1 't.• (.. Q L _ \:IK.,_,,_______=________-itc_--____""° ..7- / jel 14':±2 ILL).) ''''1) I ). i . ' 4)..tt -4 ) 4 w) • 45 3:111)'' P ) 4/ 40 4111 / 2 II i 1 "1 irT: • I LL4,:..71L” • 4 . r_![ . % . II , . 7 /•-• - d -Sid ..5M/7:e .29.1467 1 1 . 7 lFr":. ' II i c„ 3.6'si f f - n_ ___,T, iL ,,,, H ".. ./ ;,. / ,,,J1 i A ."" — ,. , :, cc ,,,x1,t_ I ra& st ;,,, ,1,,, . . f sr-,-- Jr7] '1/4 2, ,' ' " ( w,) 11,,,,- '---,/, tn -- . / , • zs. 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