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HomeMy WebLinkAbout2014-R-9RESOLUTION NO. 2014-RC? - A RESOLUTION OF THE COMMON COUNCIL OF JEFFERSONVILLE, INDIANA, RENEWING AND EXTENDING THE TERM OF THE JEFFERSONVILLE URBAN ENTERPRISE ZONE WHEREAS, the Common Council of the City of Jeffersonville, Indiana, (the "Common Council") has a continuing interest in the economic and community development of the City of Jeffersonville, Indiana ("City") and its residents; WHEREAS, the Jeffersonville Urban Enterprise Zone ("Enterprise Zone"), which is governed by Indiana Code 5-28-15 ( "Act"), was initially designated on January 1, 2000, and was renewed effective December 31, 2009, for an additional five (5) years ("First Renewal Term"), and has been active in enhancing and promoting economic and community development within the Enterprise Zone and the City; WHEREAS, the First Renewal Term of the Enterprise Zone is scheduled to expire on December 31, 2014; WHEREAS, Indiana Code 5-28-15-10(b) of the Act authorizes the Common Council to extend the current First Renewal Term of the Enterprise Zone for an additional five (5) years without application to or authorization from the Indiana Economic Development Corporation; WHEREAS, it is the desire and intent of the City to extend the current First Renewal Term of the Enterprise Zone to continue for an additional five (5) years until December 31, 2019; WHEREAS, the Common Council's action today extending the First Renewal Term does not affect or caused to be waived the ability of the Enterprise Zone to apply for and receive a second five (5) year renewal period pursuant to the Act; WHEREAS, after being fully advised in the matter, NOW THEREFORE, BE IT HEREBY RESOLVED BY THE COMMON COUNCIL OF THE CITY OF JEFFERSONVILLE, CLARK COUNTY, INDIANA, THAT: Section 1. The Common Council finds that the Enterprise Zone facilitates and promotes economic and community development in the City and for its residents and hereby reaffirms its support of the Enterprise Zone. Section 2. The Common Council hereby renews and extended the current expiration date of the Enterprise Zone until December 31, 2019, pursuant to and in accordance with Indiana Code 5-28-15-10(b) of the Act. Resolution of Common Council Extending Jeffersonville Enterprise Zone Term Section 3. This Resolution and the actions of the Common Council do not limit or restrict the statutory ability of the Enterprise Zone to be further renewed by the Board of the Indiana Economic Development Corporation in accordance with Indiana Code 5-28-15-10(c) and -10(d) of the Act. Section 4. The Clerk -Treasurer of the City is hereby directed to file an executed copy of this Resolution with the Board of the Indiana Economic Development Corporation, pursuant to the Act, and to file this Resolution with the permanent minutes of this meeting. Section 5. This Resolution shall be in full force and effect immediately upon its adoption. [Remainder of Page Intentionally Left Blank] 2 Resolution of Common Council Extending Jeffersonville Enterprise Zone Term VOTED FOR: VOTED AGAINST: PASSED AND ADOPTED by the Common Council of the City of Jeffersonville, Indiana, this 5 d 4. TYl��� Vicki Conlin, Clerk COMMON COUNCIL OF THE CITY OF JEFFERSONVILLE, INDIANA Dennis Julius, Pr ng Officer Presented by me to the Mayor of the City of Jeffersonville, Indiana, on the 5 day of Vicki Conlin, Clerk This resolution approved and signed by me, the Mayor of the City of Jeffersonville, Indiana, on the day of April, 2014, Mike Moore, Mayor 3 Resolution of Common Council Extending Jeffersonville Enterprise Zone Term VOTED FOR: 1 40 ;77 Mete AIPIF VOTED AGAINST: PASSED AND ADOPTED by the Common Council of the City of Jeffersonville, Indiana, this 5 d ' , 4. n1+1 (201 Vicki Conlin, Clerk COMMON COUNCIL OF THE CITY OF JEFFERSONVILLE, INDIANA Dennis Julius, P Presented by me to the Mayor of the City of Jeffersonville, Indiana, on the .5 -day of n ,ao/ Vicki Conlin, Clerk This resolution approved and signed by me, the he City of Jeffersonville, Indiana, on the 3 day of Awe, 2014, m� Mike Moore, Ma or 3 Resolution of Common Council Extending Jeffersonville Enterprise Zone Tenn